How to prepare for the end of financial year

The end of the financial year is fast approaching, so if you’re balance date/end of financial year is 31 March, there are a few things you need to do to help us prepare your financials.

Take a stocktake

If your business sells products or has stock, you’ll need to do a stocktake on 31 March. If you’re a business that sells products, then you need to take a stocktake of your physical inventory. If you’re a farmer, then you need to take a physical livestock tally.

Send in your EOY papers

Compile a folder (digital or hard copy) with a copy of the following documents:

Bank statement that shows the balance on 31 March 2025 for all your bank accounts and loans.
Insurance invoices.
ACC invoices.
Loan statements for the year (if applicable).
Any new loans or refinancing documents.
Invoices for assets purchased and sold.
GST workings and reports.

Submit the online questionnaire

You’ll also need to fill out and submit the online questionnaire. You should receive an email from us in April/May, with a link to fill out and submit the questionnaire. If you haven’t received an email with the link by the end of May, let us know.

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