How to Finalise a Job

Finalising a job is the process of closing it out and locking it to prevent further changes. This is typically done after payment is received in full, all invoices have been paid to suppliers and subcontractors, and it has been at least 3 months since the final payment has been received.

It’s important to wait at least 3 months after the final payment has been received to ensure that all job-related invoices have been paid so that you have an accurate picture of your job profit.

Getting Started

Around the 26th of each month, there will potentially be Jobs that meet the following criteria and can be finalized.

Identify Jobs to be Finalised

All job is ready to be finalised when:

• All Claims have been paid in full.
• All Job Expense invoices have been received.
• 3 month waiting period has passed.
• Any outstanding matters relating to the job have been satisfied.

To identify jobs that were handed over, fully paid, and ready to be finalised, use the Handovers Report.

Finalising the Job

Once confirmed that the jobs need finalising you can go ahead and finalise the Job.

1. Click Jobs > Job List.
2. Find and select the job.
3. Select the Dates tab.
4. Click the Finalize Date checkbox.
5. Click Process to save.

Once a job is finalised, it is removed from the WIP Adjustment report and no further postings can be made to the job. The Profit on Finalised Jobs report can now be run for review against benchmarks.

The job can only be finalised if the following conditions are met:

The Completed Date AND Handover Date are not empty

OR

The job is Not Proceeding AND there are no variations in Quote status or Approved status that are not paid.

Troubleshooting Errors

Sometimes when we go to finalize a job, the finalize check box may be grayed out. This is because something in the job has not been completed or incorrectly applied.

There a number of scenario’s as to why this could be occurring. Below is a list of things to check and how to correct them in the builders portal.

Claim, Variation or Credit note is not showing a Paid status

If any of these in the claims history is showing an Authorised status instead of a Paid status then the builders portal will not allow the job to be finalized. See below for an example,

To correct this, we have to first determine whether the transaction needs to be refunded or invoiced to the customer.

1. If the transaction is a claim or variation that is no longer applicable to the job, it should be voided in Xero and synchronized to remove the claim from the builders portal. If the customer has yet to pay for the claim or variation, then they should be reminded of the outstanding amount.
2. If the transaction is a Credit note, we need to either refund it to the customer or apply it to a claim or variation.
3. If all claims and variations are showing as paid, then it is recommended to go back through the job details and see if a claim or variation was not put into the system. If it does appear that claim or variation has been forgotten, then this will need to be raised in the builders portal, synchronized over to Xero, then have the credit note applied to it, then synchronized back to Xero. The credit note will then show a Paid status.

Variation still showing a quote status

Here in the variations tab of the Job list section, the possible cause that a job can not be finalized is a variation is still showing a quote status.

The job details should be checked to see if this variation needs to be approved or rejected. Once this is determined, the status can be updated and the job able to be finalized.

The most likely outcome is the quote will need to be changed to a rejected status, seeing as the job is already completed.

Link to Finalized Job Maintenance Report –