The first step of a month-end close checklist comes before the end of the month. It’s when you start tying loose ends across the business and with vendors so you have al… See more

At the end of each month, you need to upload all cash transactions from the prior period in your ERP. Then, review cash transactions and reconcile bank balances if necessary.… See more

Assuming you’re working with accrual accounting, you’ll have to ensure accrued expenses are recorded properly. Once all actuals have synced with your ERP, you can: 1. Rec… See more

After completing AR reconciliation and accrual reviews, check your revenue postings for accuracy. Take the necessary steps to ensure you’re adhering to the new guidelines i… See more