Unpaid invoices are cash your business has already earned but cannot use. The closer you get to 30 June, the harder they become to collect, as clients slow their own payments ahead of EOFY. Make contact now and prioritise your oldest and largest outstanding amounts. The cash in your account on 1 July is worth considerably more than an invoice you are still chasing in August

EOFY brings with it a cluster of tax obligations that can hit cash flow hard if they are not anticipated. GST, income tax instalments, payroll tax and superannuation contributions can all fall due in quick succession around the end of the financial year. Building a clear picture of what is coming and when, before June, is a straightforward way to avoid being caught short. Your accountant can help you model the timing and identify any opportunities to manage the position more effectively.

Most businesses focus on accelerating incoming cash at EOFY but give less thought to the timing of outgoing payments. Reviewing your supplier payment terms and, where appropriate, timing larger payments to fall just after 30 June rather than before it can meaningfully improve your closing cash position. This is not about delaying payments beyond agreed terms, but about being deliberate with the timing of discretionary expenditure within the terms you already have.

For businesses whose cash flow is tied up waiting on slow-paying clients, invoice finance allows you to access a portion of the value of outstanding invoices before they are paid. Rather than waiting 30, 60 or 90 days for a client to settle, you receive the funds quickly, and the finance provider collects from the client when the invoice falls due. It is a flexible option that scales with your revenue and does not require you to take on fixed debt.