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.