I think any tree should be re-potted when it shows the most vigor, ie: buds swelling, new growth starting etc.
I usually have re-potted, root pruned, branch pruned mid July but I probably should do this work earlier like end of June and not later than mid July, It's just that I don't get to it until mid July.
The timing may depend on your climate.. For a few years I have been trying to work on my BRTs and other Tropicals no later than July 4 because our weather changes too fast, but I just don't get there. We have had a month of extreme heat and humidity and all of a sudden it's in the upper 50's last night. So it's a look ahead thing into the next month of weather to have enough room for recovery before big weather changes.
FWIW, Just to add to the info here is some I found on the web a while back and put in my culture notes.. There is a link I put in this info but I'm not sure if that is where the info comes from.
Though I think the "Keep above 50 deg" is a bit conservative from my personal experience and when it's hot I may water a couple times a day if it is not in potting soil but in an open, free draining Bonsai Soil, maybe like a Pine or Juniper mix.. Still playing with the mix.
"Portulacaria afra has many common names but is frequently called Dwarf Jade and is a succulent. It does not have a true woody stem and therefore wiring is a bit touchy. Leaves are small and in scale to even very small trees. The leaves and branches are quite fleshy and store quite a bit of moisture as you would expect from a succulent. Branches can break or snap easily so allow the plant to be quite dry, wire carefully, and slowly. Extreme bends are not advised.
As a succulent it will take high light intensity but can survive under window lighting. Its most critical requirement is well draining soil. Wet feet are not tolerated and root rot sets it quickly. After re-potting wait one to two weeks before watering to allow the roots to callus off a bit. Keep watering light and allow the plant to dry until the plant shows signs of growth. In its native Africa this shrub will tolerate months or years of dryness so always err on the dry side. Leaves will shrivel and drop when the tree is allowed to go dry but will re-leaf once watering resumes
It can be trimmed with shears and buds back well. Cuttings may be rooted in soil once the stem dries and calluses off for several days. Make sure to leave all cuts open and do not cut paste them. Also leave a stump on all larger cuts to prevent rot from backing down the cut surface. Do not use concave or melon ball cutters.
Old pieces will get a nice fissured, corky bark and look quite old.
Advantages
Small leaves
Tolerates dryness
Culture
Overwatering is the primary cause of failure in Elephant Bush because it invites fungal rot disease. Leaves of the overwatered plant ...
worldofsucculents.com
Water - Allow to dry before watering again
Soil – Normal bonsai soil 50%, and sand or gravel 50%
Light – Moderate to high
Humidity – Irrelevant
Fertilizer – Fertilize normally
Insects – Scale, mealy bugs
Training/Potting
Wiring difficult due to soft “wood”
Use clip and grow
Jin is not possible due to soft wood
Do not treat injuries with sealant or cut paste
Pot in smaller than normal pots to allow roots to dry
Secure the tree into pot carefully as roots are minimal
Trees are top-heavy so secure pots against movement
Propagation
Propagates readily from cuttings
Allow cuttings to dry for several days before and after potting
Temperature
Keep above 50 Fahrenheit"