Fiscal Year End Yearly Process

• Pause automatic labor transaction after running last transaction for Fiscal Year. (Confirm the date with Finance to finalize last transactions to run).
  • Comment the code in Kernel.php
• Wait for Finance to close all their labor transactions for last fiscal year.
• When Finance alerts about they have closed all their labor transactions, following steps are required to do (Note: Finance may take up to mid to end April to close it)

Once Finance has confirmed that last fiscal year is closed, following actions need to be taken:

Action required to be done by Finance

1. Make sure new staff bands rates have been entered into by Finance. https://bms.services.conexusnuclear.org/BMS/StaffBands.jsp
2. For each Conexus staff, new row should be entered, and respective staff bands need to be assigned for new fiscal year.
   1. 1. There is documentation on how staff rates should be added.
      2. http://knowledge.services.conexusnuclear.org/books/bms-features-and-support/page/new-staff-rate-assignment

Action from IT

1. Make ‘2026/27’ year active from BMS.(https://bms.services.conexusnuclear.org/BMS/FiscalYear.jsp)
2. Make sure finance will run labor transactions manually for the weekend dates that have not ran for FY ‘2026/27’.
3. Resume automatic labor transactions.