Month-end closing is an important accounting process that happens at the end of each accounting period. Its main goal is to make sure that the financial statements show the true financial performance and position of a business during that time. Different companies may have different steps and activities for month-end closing, but the overall goal is the same. Here are the key activities involved in month-end closing:

Different companies may have their own unique ways of carrying out month-end closing activities, depending on their industry. However, this schedule provides a simple and easy-to-understand format that can be used as a general guide. Click on the download now button below to get free general guide.

General Ledger Closing Checklist