Free tool
Free month-end close checklist
The standard set of close tasks, grouped by category with a due day for each. Pick a period, tick off what applies, then print it, copy it as markdown, or download it as a CSV.
20 of 20 tasks included
Month-end close checklist: This period
Cash
- Day 2
- Day 2
- Day 1
- Day 2
Revenue
- Day 1
- Day 3
- Day 3
Expenses
- Day 2
- Day 3
- Day 3
- Day 4
Payroll
- Day 2
- Day 3
Assets
- Day 3
- Day 3
- Day 4
- Day 3
Reporting
- Day 4
- Day 5
- Day 5
Why use a checklist
Month-end close touches nearly every account on the balance sheet and the P&L, and the tasks have dependencies: you can't review the P&L before the entries feeding it are posted. A checklist with due days keeps the work in order and gives you an early warning when something is running late, instead of finding out on the last day.
This list is a starting point. Remove anything that doesn't apply to your business and keep the rest as a standing process you run every period.
The six categories
- cash
- Reconcile every bank and card account, and count any petty cash on hand.
- revenue
- Invoice everything earned in the period and post any deferred revenue.
- expenses
- Record vendor bills received, accrue for bills not yet received, and reconcile payables.
- payroll
- Post the payroll journal entry and tie payroll liabilities to the payroll system.
- assets
- Post depreciation, review fixed assets, and release prepaid expense schedules.
- reporting
- Review the balance sheet and P&L, then lock the period once everything ties out.
Run this every period without rebuilding it
The app keeps a running close workspace: status per task, sign-offs, and history from one period to the next.