ABCDEFGH
1
Want to streamline streamline the process even further? Use Keeper practice management software to complete your month-end close in half the time! Pricing starts at $10/client/month.
2
3
4
5
6
Make a copy of this spreadsheet. File > Make a Copy.
7
8
9
Month-End Close Checklist TasksTeammateChecklistNotes/Instructions
10
Non-closing tasks
11
Record payroll
12
Send approval reminders
13
Send reminders re: employee reimbursement reports
14
Check bank account for sufficient funds
15
Run payroll
16
Submit retirement payment
17
Submit other benefits payments (HSA, etc.)
18
File/send payroll reports
19
Address aging A/P and A/R
20
21
Pre-close tasks
22
Make sure all transactions in the bank feeds are coded
23
Obtain all monthly bank and credit card statements
24
25
Closing tasks
26
Reconcile all accounts in "Account Reconciliation" section
27
Complete "Transaction Review" section
28
Review transactions without payees
29
Review expense inconsistencies to identify and correct coding errors
30
Sift through uncategorized transactions to send client questions for clarification
31
Review transactions > $1,000
32
Review transactions coded to parent accounts
33
Review expenses and bills without attachments > $0
34
Review transactions auto-added by bank rule
35
Payee/entity review
36
Newly added vendors -- determine if certain vendors meet the reportable spend threshold and request W-9 if it is not currently on file
37
Duplicate vendors
38
Newly added customers report
39
Newly added accounts report
40
Send off any initial questions to client + set up automated/recurring reminders
41
Mark close as "Ready for Manager Review"
42
Generate reports
43
Profit and loss
44
Balance sheet
45
Statement of cash flows
46
Final review
47
Review balance sheet and P&L to identify and investigate material fluctuations in account balances
48
Client review
49
Deliver reports to client
50
Resolve client questions
51
Close/lock the books in ledger system
52
Monthly reflection: answer questions to improve individual client experience/the close process as a whole for the firm
53
54
55
56
57
58