As you work through your End of Financial Year (EOFY) financials in NZ, it’s an important opportunity to step back and tidy up your system. A few focused checks now can make a big difference to the accuracy of your reporting, and how smoothly you move into the new year. This checklist is designed to help you close off the year with confidence, and set a strong foundation for the coming financial year. Here are some key tasks we recommend reviewing: Review Open Jobs Check for

As the end of financial year (EOFY) approaches in NZ, it’s an important time to review your inventory management system and make sure everything is accurate, complete, and aligned with your accounting system prior to running your end of year financials. A clean set of data not only makes things easier for your accountant, it also gives you confidence in your reporting going into the new financial year. Here are some key tasks we recommend reviewing: Reconcile to Xero A reconc

From 1 April 2026, several payroll compliance updates will come into effect for New Zealand businesses. These include changes to KiwiSaver contribution rates, ACC earner’s levy adjustments, and a Minimum wage increase. Here’s a clear overview of what’s changing and what to keep an eye on. Kiwisaver Contribution Rate: Kiwisaver Minimum Contribution Increase The default minimum KiwiSaver contribution rate for both employees and employers will increase from 3% to 3.5%, and emplo