Month End Closing
Processing and verifying all transactions from the month. So weak spots in data entry can be detected, and budget goals met.
What is a Month End Closing?
A month end closing is a holistic method of reviewing all accounting data entered into bookkeeping software. It is done for these reasons: to review company transaction entry methods; to create a financial statement that complies with GAAP and IRS regulations; and to close out the period, forming a basis for flux analysis.
Knowing that accounting needs vary per company, we build a custom month end closing for every client. Our process will be based on accounting best practice for your industry, in relation to your business operations. The goal is to make sure bookkeeping and reporting are aligned.
Month End Reconciliation
A consistent monthly workflow reduces human error, bringing us closer to perfect bookkeeping. We find the month end closing process increases our accuracy. Acting as a monthly internal audit of our daily work, and giving us a historical reference for changes made.
Our accountants follow a set calendar of contractual deadlines. All month end close procedures receive meticulous planning and organization. By leveraging new tech and with group coordination, we are able to meet due dates with speed and efficiency.
Tools we work with
our clients know us best
Let’s Ledger has been a great partner. Their proactive approach to solving accounting problems is what sets them apart. I highly recommend.
They are one of the most talented accountants I’ve ever worked with. They are true partners to my company.
The team at Let’s Ledger has been an essential part of our company. It allowed our executive team to focus our attention on growth and leave the accounting to them.