Month-end close
Close plan over N business days — step by step
Deadline (bus. day of month)
| Step | By bus. day |
|---|---|
| Collect primary docs by day X | 3 |
| Bank: statements, fees, FX | 4 |
| Inventory/balances | 5 |
| Accruals: payroll, rent, interest | 6 |
| Depreciation FA/intangibles | 6 |
| VAT: ledger cross-check | 7 |
| Counterparty reconciliations | 8 |
| Period close + reports | 9 |
| Review & hand to client | 10 |
Standard sequence: primary docs → bank → accruals → VAT → reconciliation → reports. If the deadline is earlier than the 10th business day — run parallel steps (bank and primary docs daily, not at month-end).