Monthly close
Monthly Accounting and Month-End Close
A month-end close is a process, not a button. Done properly, it produces statements you can act on within days of the month ending.
We run the close for growing small businesses: reconciliations, adjusting entries, review, and a short written explanation of what the month showed.
The problem
No close date, no reliable numbers
Without a defined close, financials keep moving. A report run on the 10th differs from the same report on the 25th, so nobody trusts either one and decisions default to the bank balance.
Bank balance is not profit. It ignores what you owe, what you are owed, and what you have already committed to spend.
Signs you may need this
- Financials arrive six weeks after month-end, or not at all
- Numbers for a closed month keep changing
- Nobody reviews the statements before they are sent
- Accruals, prepaids, and depreciation are only done at year-end
- You review the bank balance instead of the income statement
What we do
How the work actually runs
01
Set a close calendar
An agreed close date each month with the tasks, owners, and inputs required to hit it.
02
Complete the close checklist
Reconciliations, accruals, prepaids, deferred revenue, fixed assets and depreciation, loan splits, and intercompany items where relevant.
03
Review before delivery
A second review pass comparing to prior periods and budget, investigating variances before you see them.
04
Deliver with commentary
Statements plus a concise written note on what moved, what is unusual, and what needs your attention.
05
Hold a review call
A monthly or quarterly call to walk the numbers and agree on follow-up actions.
Deliverables
What you receive
- Consistent close date every month
- Profit and loss, balance sheet, and cash flow statement
- Comparatives against prior period and prior year
- Documented close checklist with completion evidence
- Written monthly commentary
- Scheduled review call with a named contact
Outcome
What changes
Decisions move to a monthly cadence. You catch a margin slip in month one instead of at year-end, and you have a documented, repeatable process a lender or an acquirer can see.
Best suited to
- Businesses that need dependable monthly numbers
- Companies with loan covenants or investor reporting
- Owners planning hiring, pricing, or expansion decisions
- Businesses with an internal bookkeeper who needs oversight
FAQ
Frequently asked questions
Related services
Where clients usually go next
Reporting
Financial Reporting for Small Businesses
Management financial reporting for small businesses: clear statements, margin analysis, and KPI reporting that explains what happened and what to do next.
Accounting
Small Business Accounting Services
Online accounting services for U.S. small businesses: accurate books, a real monthly close, and financial reporting you can use to make decisions.
Cash
Cash Flow Forecasting for Small Businesses
Cash flow forecasting for U.S. small businesses. See payroll, tax, debt, and project timing weeks ahead so cash decisions are planned, not reactive.
Next step
Talk Through Your Numbers
Let's look at what your current close process produces and where it breaks.