Year end Financial Closing
Close the year with confidence
Year end is when small mistakes become big problems. We close your books properly so your annual accounts are accurate and ready for audit and tax filing.
- Best forCompanies approaching year end
- You getFinalized annual accounts ready for audit
- WhereKarachi office and online across Pakistan
- HoursMon to Sat, 10 am to 6 pm
What is year-end closing?
It is the process of finishing your accounts for the financial year: completing entries, making adjustments, checking balances and producing final financial statements.
After closing, the year's numbers are locked and the new year starts clean.
Year-end financial closing, explained
Year-end closing means finishing the books properly: final entries, adjustments, reconciliations and checks, followed by final accounts. Done well, the new year starts with a clear opening position.
Deadlines for tax returns and company filings differ by business type, so please check current FBR and SECP rules or ask us where to look. We plan the closing steps early so nothing is rushed at the last moment.
Signs you need this service
Books are behind
Months of entries are missing as year end approaches.
Reconciliations are incomplete
Bank, customer and supplier balances cannot be confirmed.
Adjustments are forgotten
Accruals, prepayments and depreciation change the final result.
The auditor is waiting
Delays cost time, money and goodwill.
What is included
Complete records
All transactions for the year checked.
Reconciliations
Bank, receivables, payables and other accounts.
Adjustments
Accruals, prepayments and depreciation posted.
Trial balance review
Checked before statements are prepared.
Final statements
Profit and loss statement and balance sheet.
Opening balances
Set for the new year.
How it works
- 1
Review
We review your records and list what is missing.
- 2
Reconcile
We complete reconciliations and adjustments.
- 3
Finalize
We review the trial balance and prepare final statements.
- 4
Support
We help with questions that follow.
What you receive
| Deliverable | What it shows |
|---|---|
| Final trial balance | Locked balances for the year |
| Profit and loss statement | The year's result |
| Balance sheet | Your position at year end |
| Closing schedules | Support your auditor can follow |
Who this service suits
- Companies approaching their financial year end
- Businesses with books that are behind
- Firms preparing for audit
- Owners who want accounts finalized properly
Year-end Financial Closing for every type of business in Pakistan
Year-end Financial Closing from NumberCraft Consulting is built around how your sector actually trades. Open any of the 13 industries to see the typical issues and exactly what you receive.
Request a free quoteGTGeneral Trading CompaniesView details
Year-end Financial Closing for general trading companies. Year-end adjustments and closing that cover stock, purchases and sales margins. General trading companies buy a wide range of goods from local and overseas suppliers and sell to retailers, contractors and walk-in buyers. With many products, suppliers and customers, accounting must follow stock, credit and margin together.
- Stock and books do not match
- Margins hidden by mixed products
- Supplier and customer balances pile up
- Year-end adjustments, final accounts and a clean opening position
- Stock valuation and movement
- Margin by product group
- Supplier and customer aging
General Trading Companies accounting in Pakistan · Request a quote
WDWholesale & DistributionView details
Year-end Financial Closing for wholesale & distribution. Year-end adjustments and closing that cover credit customers and godown stock. Wholesalers and distributors move bulk stock through godowns and routes, selling mostly on credit. Cash flow depends on how quickly customers pay, so receivables and stock turnover need constant attention.
- Large credit balances
- Stock across godowns
- Discounts and schemes
- Year-end adjustments, final accounts and a clean opening position
- Customer aging and credit limits
- Stock by godown
- Route and scheme profitability
Wholesale & Distribution accounting in Pakistan · Request a quote
RSSmall Retail Chains & Departmental StoresView details
Year-end Financial Closing for small retail chains & departmental stores. Year-end adjustments and closing that cover branch sales and daily cash. Retail chains and departmental stores sell hundreds of items across counters and branches every day. The books must combine cash, card and wallet sales with stock and branch expenses.
- Many branches, many numbers
- Daily cash, card and wallet sales
- Shrinkage and stock loss
- Year-end adjustments, final accounts and a clean opening position
- Branch-wise profit and loss
- Daily sales reconciliation
- Stock shrinkage report
Small Retail Chains & Departmental Stores accounting in Pakistan · Request a quote
FDFMCG DistributorsView details
Year-end Financial Closing for fmcg distributors. Year-end adjustments and closing that cover claims, schemes and thin margins. FMCG distributors work on thin margins, fast stock turnover and regular claims from principal companies. A small pricing or discount error can remove a month of profit.
- Thin margins
- Company claims and incentives
- Expiry and returns
- Year-end adjustments, final accounts and a clean opening position
- Brand-wise margin
- Claims and incentives register
- Expiry and returns summary
CCCleaning Chemicals TradingView details
Year-end Financial Closing for cleaning chemicals trading. Year-end adjustments and closing that cover repacking costs and institutional credit. Cleaning chemicals traders buy in bulk, repack into smaller sizes and sell to hotels, factories, offices and retailers. Costing must reflect each pack size, and institutional buyers often pay late.
- Repacking changes unit costs
- Institutional credit
- Wastage and spillage
- Year-end adjustments, final accounts and a clean opening position
- Cost per litre and per pack
- Institutional customer aging
- Wastage and stock variance
Cleaning Chemicals Trading accounting in Pakistan · Request a quote
MEMobile & Electronics AccessoriesView details
Year-end Financial Closing for mobile & electronics accessories. Year-end adjustments and closing that cover small items and daily cash sales. Mobile and electronics accessories sellers handle thousands of small items with quick price changes and mostly cash sales. Clean item records and daily cash checks protect margins.
- Thousands of small items
- Quick price changes
- Cash-heavy sales
- Year-end adjustments, final accounts and a clean opening position
- Item-wise margin
- Daily cash and bank reconciliation
- Fast and slow stock list
Mobile & Electronics Accessories accounting in Pakistan · Request a quote
APAuto Spare Parts DealersView details
Year-end Financial Closing for auto spare parts dealers. Year-end adjustments and closing that cover part-wise stock and supplier credit. Auto spare parts dealers stock many brands, grades and part numbers sourced locally and from imports. Money gets tied up in slow-moving parts, so stock and supplier balances need close tracking.
- Many part numbers
- Slow-moving stock
- Supplier credit
- Year-end adjustments, final accounts and a clean opening position
- Slow-moving stock report
- Supplier ledger reconciliation
- Margin by brand and source
Auto Spare Parts Dealers accounting in Pakistan · Request a quote
SOStationery & Office SuppliesView details
Year-end Financial Closing for stationery & office supplies. Year-end adjustments and closing that cover seasonal stock and corporate billing. Stationery and office supplies businesses serve shoppers, schools and corporate buyers, with demand that peaks in certain seasons. Records must separate counter sales from invoiced corporate orders.
- Seasonal demand
- Corporate credit
- Many low-value items
- Year-end adjustments, final accounts and a clean opening position
- Seasonal sales comparison
- Corporate billing and aging
- Category margins
Stationery & Office Supplies accounting in Pakistan · Request a quote
BHBuilding Materials & HardwareView details
Year-end Financial Closing for building materials & hardware. Year-end adjustments and closing that cover contractor credit and heavy stock. Building materials and hardware dealers sell heavy goods to contractors and builders, often on staged payments. Long credit cycles and rate changes make cash flow and stock valuation critical.
- Project credit
- Heavy stock
- Price swings
- Year-end adjustments, final accounts and a clean opening position
- Contractor and project ledgers
- Stock valuation at current cost
- Expected collections
Building Materials & Hardware accounting in Pakistan · Request a quote
ITComputer & IT Equipment TradingView details
Year-end Financial Closing for computer & it equipment trading. Year-end adjustments and closing that cover import costs and warranty returns. Computer and IT equipment traders import or buy locally, sell to corporate and retail customers and handle warranty returns. Freight, clearing and other charges must be added to item cost to see true margin.
- Import costs
- Warranty and returns
- Corporate credit
- Year-end adjustments, final accounts and a clean opening position
- Landed cost per shipment
- Warranty and returns tracking
- Corporate receivables aging
Computer & IT Equipment Trading accounting in Pakistan · Request a quote
FTFurniture TradingView details
Year-end Financial Closing for furniture trading. Year-end adjustments and closing that cover custom orders and customer advances. Furniture traders and makers sell large, often custom orders that customers pay for in parts. Advances must be recorded correctly and each order needs its own cost and margin.
- Advance payments
- Custom orders
- Slow stock
- Year-end adjustments, final accounts and a clean opening position
- Order-wise profit
- Customer advances register
- Showroom stock review
ECE-commerce & Online SellersView details
Year-end Financial Closing for e-commerce & online sellers. Year-end adjustments and closing that cover COD, marketplace payouts and returns. Online sellers earn through marketplaces, social media and their own sites, with payments arriving from couriers and platforms after fees. Accurate books must reconcile each payout to its orders.
- COD and courier settlements
- Marketplace fees
- High returns
- Year-end adjustments, final accounts and a clean opening position
- Payout reconciliation
- Profit per order after fees
- Returns and restocking report
E-commerce & Online Sellers accounting in Pakistan · Request a quote
ADAdvertising & Digital Marketing AgenciesView details
Year-end Financial Closing for advertising & digital marketing agencies. Year-end adjustments and closing that cover retainers, ad spend and overseas receipts. Advertising and digital marketing agencies earn from retainers and projects while managing client ad budgets. Revenue timing, pass-through spend and overseas payments must be recorded clearly.
- Retainers and projects
- Ad spend pass-through
- Foreign-currency receipts
- Year-end adjustments, final accounts and a clean opening position
- Client-wise profitability
- Ad spend vs agency income
- Billing and collections schedule
Advertising & Digital Marketing Agencies accounting in Pakistan · Request a quote
Year-end Financial Closing in Karachi, Lahore, Islamabad and across Pakistan
We are based in Karachi and serve clients in every major city. Open your city to see the local areas and industries we support.
Request a free quoteKAAccounting in KarachiSaddar, Jodia Bazar and Bolton Market
Year-end Financial Closing in Karachi. Karachi is Pakistan’s largest commercial city and main port, home to trading, distribution, retail and industrial businesses. We support Karachi businesses with year-end adjustments, final accounts and a clean opening position.
Areas: Saddar, Jodia Bazar and Bolton Market, DHA and Clifton, Shahrah-e-Faisal and DACHS and Gulshan-e-Iqbal and North Nazimabad. Industries: General Trading Companies, Wholesale & Distribution, Cleaning Chemicals Trading.
Visit our Karachi office or work online. Full Karachi page
LAAccounting in LahoreGulberg and Main Boulevard
Year-end Financial Closing in Lahore. Lahore is a major centre for wholesale trade, retail, manufacturing and a growing digital and agency scene. We support Lahore businesses with year-end adjustments, final accounts and a clean opening position.
Areas: Gulberg and Main Boulevard, DHA and Johar Town, Model Town and Garden Town and Hall Road and Mozang. Industries: Wholesale & Distribution, Mobile & Electronics Accessories, Auto Spare Parts Dealers.
We serve Lahore clients online with cloud software, video calls and secure document sharing. Full Lahore page
ISAccounting in Islamabad & RawalpindiBlue Area and F-6/F-7
Year-end Financial Closing in Islamabad & Rawalpindi. Islamabad and Rawalpindi combine corporate offices, IT firms, contractors, traders and service businesses. We support Islamabad & Rawalpindi businesses with year-end adjustments, final accounts and a clean opening position.
Areas: Blue Area and F-6/F-7, I-9 and I-10 industrial areas, Bahria Town and DHA and Saddar and Raja Bazaar, Rawalpindi. Industries: Computer & IT Equipment Trading, Advertising & Digital Marketing Agencies, Building Materials & Hardware.
We serve Islamabad & Rawalpindi clients online with cloud software, video calls and secure document sharing. Full Islamabad & Rawalpindi page
FAAccounting in FaisalabadSusan Road and D Ground
Year-end Financial Closing in Faisalabad. Faisalabad is known for textiles and garments, with many traders, suppliers and small manufacturers. We support Faisalabad businesses with year-end adjustments, final accounts and a clean opening position.
Areas: Susan Road and D Ground, Peoples Colony, Eight Bazaars and Clock Tower and Jaranwala Road and Millat Chowk. Industries: General Trading Companies, Wholesale & Distribution, Furniture Trading.
We serve Faisalabad clients online with cloud software, video calls and secure document sharing. Full Faisalabad page
MUAccounting in MultanCantt and Gulgasht
Year-end Financial Closing in Multan. Multan is a key trading and agricultural hub in southern Punjab, with growing retail and distribution. We support Multan businesses with year-end adjustments, final accounts and a clean opening position.
Areas: Cantt and Gulgasht, Bosan Road, Hussain Agahi and Chowk Bazaar and Vehari Road. Industries: Wholesale & Distribution, FMCG Distributors, Building Materials & Hardware.
We serve Multan clients online with cloud software, video calls and secure document sharing. Full Multan page
PEAccounting in PeshawarSaddar and University Road
Year-end Financial Closing in Peshawar. Peshawar is a major trading city linked to regional commerce, with busy markets and distributors. We support Peshawar businesses with year-end adjustments, final accounts and a clean opening position.
Areas: Saddar and University Road, Hayatabad, Karkhano Market and Qissa Khwani Bazaar. Industries: Mobile & Electronics Accessories, General Trading Companies, Wholesale & Distribution.
We serve Peshawar clients online with cloud software, video calls and secure document sharing. Full Peshawar page
QUAccounting in QuettaJinnah Road
Year-end Financial Closing in Quetta. Quetta is Balochistan’s commercial centre, with trading, distribution and retail businesses serving the province. We support Quetta businesses with year-end adjustments, final accounts and a clean opening position.
Areas: Jinnah Road, Zarghoon Road, Sariab Road and Satellite Town. Industries: General Trading Companies, Wholesale & Distribution, Small Retail Chains & Departmental Stores.
We serve Quetta clients online with cloud software, video calls and secure document sharing. Full Quetta page
HYAccounting in HyderabadLatifabad
Year-end Financial Closing in Hyderabad. Hyderabad is Sindh’s second-largest city, with traders, distributors and retailers close to Karachi. We support Hyderabad businesses with year-end adjustments, final accounts and a clean opening position.
Areas: Latifabad, Qasimabad, Hirabad and Saddar. Industries: Wholesale & Distribution, Small Retail Chains & Departmental Stores, FMCG Distributors.
We serve Hyderabad clients online with cloud software, video calls and secure document sharing. Full Hyderabad page
SIAccounting in SialkotSialkot Cantt
Year-end Financial Closing in Sialkot. Sialkot is known for sports goods, surgical instruments and leather, alongside local suppliers and traders. We support Sialkot businesses with year-end adjustments, final accounts and a clean opening position.
Areas: Sialkot Cantt, Paris Road, Kashmir Road and Daska Road. Industries: General Trading Companies, Wholesale & Distribution, E-commerce & Online Sellers.
We serve Sialkot clients online with cloud software, video calls and secure document sharing. Full Sialkot page
GUAccounting in GujranwalaSatellite Town
Year-end Financial Closing in Gujranwala. Gujranwala is a busy industrial and trading city, known for manufacturing, appliances and food processing. We support Gujranwala businesses with year-end adjustments, final accounts and a clean opening position.
Areas: Satellite Town, Model Town and Wapda Town, GT Road and Small Industries Estate. Industries: Wholesale & Distribution, Building Materials & Hardware, Furniture Trading.
We serve Gujranwala clients online with cloud software, video calls and secure document sharing. Full Gujranwala page
Frequently asked questions
When is my financial year end?
It depends on your company. Many Pakistani companies close on 30 June or 31 December. Please check your own year end.
Can you help if the books are behind?
Yes. We can catch up your records first, then close the year.
When should I start?
A few weeks before year end, and ideally review monthly during the year.
Do you do the audit?
We prepare and finalize your accounts. An audit, where required, is carried out by an independent auditor. We can work with your auditor.
What do you need from me?
The documents listed above. If something is missing we tell you early, not at the deadline.