This article explains the key end‑of‑year tasks for each Jobpac module used by New Zealand companies. It helps you confirm that month‑end and year‑end activities are complete so you can roll smoothly into the new financial year.
Business Forecasting (BFM)
You use BFM to review project financials and finalise the Profit & Loss before rolling over to the new year.
1. Complete the BFM end‑of‑period review.
2. Print the required BFM reports.
3. Post all BFM journals before rollover.
4. Review your Profit & Loss and make any final updates. You can continue to adjust projects and repost until the P&L is correct.
5. Run the BFM end‑of‑month. After this, no further P&L changes can be made.
Related articles
- Month‑end Process: BFM Contract Reconciliation
- Checklist to Financially Complete a Project
- How do I Financially Complete a Job
- How do I Enter Manual Accruals to a Job
- How do I Schedule End of Month
Training videos
- BFM Reconciliation for End of the Month / End of the Financial Year
Accounts Payable
Accounts Payable does not require additional year‑end processing. Complete your normal month‑end steps and review key reports.
You may run:
- Print Aged Trial Balance
- Trade Creditors Control
- Trade Creditors Retention Control
- Subcontract Creditors Retention Control
- Subcontract Creditors Control
Note: An out‑of‑balance Aged Trial Balance does not prevent you from running end of year.
After printing reports, schedule the end‑of‑month process.
Related articles
- Month‑end Process / End of Year – Jobpac Financials
- How do I Schedule End of Month
Training videos
- End of Financial Year Finance Module – Accounts Payable
Accounts Receivable
Accounts Receivable also follows the standard month‑end workflow at year end.
You may run:
- Debtors (Head Contract) Retention Control
- Debtors Control
- Uncertified Claims
- Unapplied Cash Control
After reports are complete, schedule end‑of‑month.
Related articles
- Month‑end Process / End of Year – Jobpac Financials
- How to Clear Un‑Applied Cash Receipts
- How do I Schedule End of Month
Training videos
- End of Financial Year Finance Module – Accounts Receivable
General Ledger
The General Ledger uses the normal month‑end process at year end. Review reports and confirm everything balances before closing.
You may run:
- Print Trial Balance
- Print Profit & Loss
- Print Balance Sheet
Once reviewed, schedule end‑of‑month.
Related articles
- Month‑end Process / End of Year – Jobpac Financials
- How do I Post a Prior Year Journal
- How do I Schedule End of Month
Training videos
- End of Financial Year Finance Module – General Ledger and Balance Sheet
- End of Financial Year Period Rollover and Backposting
Job Costing (Projects)
Job Costing does not require specific year‑end processing. Complete your usual month‑end steps and ensure project reporting is finalised.
Related articles
- How do I Financially Complete a Job
- How do I Enter Manual Accruals to a Job
- How do I Schedule End of Month
Stock (Store Control)
Store Control has no additional year‑end requirements. Use the standard month‑end process.
Related articles
- How do I Schedule End of Month
Payroll (New Zealand)
New Zealand Payroll operates on a financial year from April to March. Complete reconciliation and rollover tasks before processing the new year.
Related articles
- Month‑end Process: Reconciling Payroll – NZ
- Payroll Reconciliation Enquiry/Report List – NZ
- End of Year Payroll Process – Rolling Over to the Next Financial Year for NZ
- How do I Schedule End of Month
Training videos
- End of Financial Year Payroll Module – Roll Over, Updates and Finalisation
- End of Financial Year Payroll Module – Accumulated Pay and General Ledger Reconciliation
- End of Financial Year Payroll Module – Leave Accruals and General Ledger Reconciliation
New Zealand tax tables and rates
- Tax Table for FY 2025/2026 (effective 1 April 2025)
- How do I Update the Tax Rates in Jobpac – NZ
- How to Update ESCT Rate for Employees – NZ
Fixed Assets
Fixed Assets follows the normal month‑end process. Clear all exception reports before running end‑of‑month.
You may run:
- Operating Lease Exception
- Finance Lease Exception
- Depreciation Exception
- Billing Exception
- Disposals
- Additions
- Check Journal File
Related articles
- How do I Schedule End of Month
Completing these steps ensures each module is ready for the new financial year and your reporting remains clear and accurate.
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