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Month-End Close

Timely Closings. Accurate Reports. Stronger Decisions.

Completing a thorough month-end close is essential to ensure accurate financial reporting and to maintain the financial health of a business.

We provide a fully managed or review/supervision of your month-end close, as fits your business needs.

  • We have detailed checklists of standard tasks that we customize to each client business, assign to team members and train on tasks, then follow a regimented process to ensure timely and accurate close every month.
  • We’ve been able to speed up client processes for closing their books by days or weeks. Reliable financials quickly for better decision making across the organization.
  • We focus on weekly reconciliations to save time, followed by a step-by-step process to close and produce financials for management monthly.
  • As applicable, we can calculate and make journal entries for accruals, revenue adjustments, prepayments, and depreciation/amortization.
  • Excellent record keeping and supporting documentation goes along with everything we do, so you’re audit ready at any time.

Review & Produce Financial Statements

Our fractional CFOs and Controllers conduct a thorough review of your Trial Balance, performing Variance Analysis to spot trends, changes, and potential discrepancies across periods. They also examine AR Aging, AP Aging, Inventory, and key Balance Sheet accounts to catch common errors before finalizing Financial Statements, ensuring accurate reports for meaningful discussions with your management team.

Financial Statements

Reconciliations

We take a detailed and efficient approach to complete reconciliations across all client businesses monthly, including:

Bank Reconciliations

Credit Card Reconciliations

Intercompany Reconciliations

Balance Sheet Reconciliations

Financials Review

Monthly Financials Review

We sit down with all of our Clients monthly to review the prior month performance in detail and compare to prior periods and budget expectations. This can be an insightful time to make decisions about future investment, hiring, or cost cutting as is best for the business. Bringing this regimen and increasing management financial acumen along the way, our clients quickly see results from these meetings as we dive into improvements and growth together.

Fractional CFO Services

Whether you need full support or just expert oversight, we tailor our approach to fit your team and your goals. Let us handle the numbers so you can focus on strategy, growth, and what matters most. Partner with CFO Worx and experience the peace of mind that comes with timely, reliable financials and a team that’s invested in your success.
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