Accounting and finance
A month-end close that finishes on time
Reconciliations, statements and recurring entries moved off the spreadsheet, so each accountant can serve more clients.
Month-end close
Bank feeds received 06:10
Close tasks remaining
17
3 waiting on client statements
Unreconciled accounts
4
2 over threshold
Days to close, trailing
6.2
mean of the last 3 months
Journals rebuilt by hand
11
9 are the same shape
See which accounts do not match
Each account is checked against its source, and every gap is sized before review.
- Match rules per accountHow close the amount, date and reference must be, set for each bank and ledger pair.
- Timing differencesDeposits in transit and outstanding checks carried forward with their age.
- Unknown items cleared weeklyUnidentified receipts and payments assigned an owner and resolved before month-end.
6 of 38 accounts shown4 open
Close checklist · step 3 of 5
Tied automatically
34 of 38Timing items carried
12Oldest open item
23 daysA close checklist that runs on its own
The close reaches review with only differences over your limits left for the controller.
- Recurring journalsEntries rebuilt by hand each month turned into rules, reviewed once.
- Close calendarEvery task on a day-by-day plan, with an owner and a due hour.
- Variance thresholdsA dollar and a percent limit per account decide which differences hold for review.
Started on the first business day5 steps
Bank, card and payroll files · day 1 · automaticDone
Each account against its own source · day 1 · automaticDone
From the rule that defines them · owner: controllerIn progress
A variance over threshold holds the account and notifies the preparer2 open
Routed by account owner, largest variance firstWaiting
Posting after the lock needs a named approvalWaiting
Each journal keeps its rule and the person who released it.
Close tools for finance teams and accounting firms
Chasing, matching and posting taken off the first week of the month.
Asked on day 1, reminded every other business dayAsked
Named, dated and attachedFiled
Rejected with the reasonRejected
Escalated with the date it now threatensEscalated
The chase stops when the document is right.
Linked to your bank and ledger
Every entry is posted to your ledger with its backup attached.
Pick the reconciliation that slows your close
That reconciliation is the first job we price.