Core Concepts
Using Jobpac as a finance user
How finance teams use Jobpac Connect to manage ledgers, payables, receivables and financial reporting.
Overview
This article is for finance staff who use Jobpac to manage ledgers, payables, receivables and financial reporting. It explains how Jobpac supports your role and how project data is reflected in financial results.
Your role in Jobpac
As a finance user, you help ensure that Jobpac's project information is accurately reflected in the company's financial records. You work with both project data and the general ledger to produce reliable financial statements.
- Maintaining and reviewing the general ledger
- Processing accounts payable and accounts receivable
- Managing bank reconciliation and cash flow reporting
- Supporting period end close and financial reporting
- Reconciling project costs and revenue to the profit and loss
Key Jobpac areas
| General ledger | Review account balances, post journals and run trial balances. |
| Accounts payable | Enter and approve supplier and subcontractor invoices, manage payments and monitor outstanding balances. |
| Accounts receivable | Raise and manage invoices to clients, apply receipts and review aged debtors. |
| Bank reconciliation | Reconcile bank statements to ledger balances. |
| Tax and statutory reporting | Support goods and services tax and other reporting requirements. |
You may also use enquiry functions that show how project costs and revenue drive general ledger postings.
Job costing and general ledger links
Jobpac links job costs and revenue to general ledger accounts so that project performance and profit and loss statements stay aligned.
- Reviewing how cost types or cost centres are linked to general ledger accounts
- Ensuring that direct job costs and revenue are always posted with a job number
- Supporting reconciliation between job costing reports and profit and loss figures
Period end and reconciliation
Finance users play a key role in monthly and annual period end processing.
- Running trial balances and reviewing reconciliations
- Checking all project costs and revenue for the period are captured
- Reviewing contract valuation and forecasting outputs
- Posting final adjustments before closing the period
Working closely with project teams ensures that site activity and financial records are aligned.
Good practices
- Maintain clear posting rules and review them when cost structures change
- Use enquiries and reports to compare project and financial data
- Collaborate with project teams to understand timing differences
- Document period-end processes for consistency and auditability
Training and eLearning
Work through these learning resources to build your knowledge of finance processing and EOFY tasks in Jobpac Connect.
eLearning
General Ledger Setup and Processing
eLearning
Accounts Payable
eLearning
Accounts Receivable
EOFY resources
eLearning — EOFY
EOFY General Ledger & Financials
eLearning — EOFY
EOFY Accounts Payable
eLearning — EOFY
EOFY Accounts Receivable
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