Month-end Close

Run the month-end close to reconciled books and a clean set of statements.

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File contents

Month-end Close

Take the period from raw activity to reconciled books and statements the operator can trust.

When to use

  • The accounting period has ended.
  • Before producing statements for an investor or lender.

Steps

  1. Gather all transactions, statements, and supporting documents.
  2. Reconcile every account against its statement; resolve mismatches.
  3. Post accruals, deferrals, and any adjusting entries.
  4. Review the trial balance for anything that looks off.
  5. Produce the P&L, balance sheet, and cash flow for the period.

Output

Reconciled books, adjusting entries logged, and a clean set of statements — following the [[Close checklist]]. The operator signs off before filing.

tinyhumansai/opencompany/tree/main/companies/accounting_firm/skills/month-end-close commit d5ec59b687

Frequently asked questions

npx skillmds@latest add tinyhumansai/month-end-close