Why you need a Month End Close Checklist Template

Collecting, reviewing, and conforming transactions and financial activity from the previous month for your clients can be strenuous especially when you’re managing several clients. Not only is it strenuous but it requires the careful handling of financial data as you work to ensure accuracy and compliance. You can’t afford to make mistakes but you also can’t afford to work slowly since many businesses are depending on you.

Enter our Month End Close Checklist Template.

Our Month End Close Checklist Template will help you create a standardized, efficient, and quick workflow process to quickly and efficiently complete the month-end accounting process for your clients.

You can also customize it to fit your firm’s needs and share it with your team members.

How our Month End Close Checklist Template will help your firm

Our Month End Close Checklist Template will help your firm:

Streamline your workflow process:

Our Month End Close Checklist Template will help make the process simpler and more efficient for your firm. As you onboard new clients, keeping tabs on all their work with the same level of attention and accuracy may become difficult, thereby making checklist templates indispensable arsenals in your workflow process.

Efficiently delegate client work:

Our Month End Close Checklist Template will allow  you to effectively delegate work to your team members without worrying about work quality and accuracy. Using the checklist, both newbies and pros will understand the minute steps it takes to get the work done. Since they have a guide to follow, they will be able to competently complete work without needing your input or making mistakes.

Standardize processes across your firm:

If your staff members have different ways of completing work, it’s time to standardize your process to improve the quality and consistency of your firm’s work. Standardizing your processes through a checklist will save you from the headache that comes with inconsistent work.

Deliver consistent, excellent work that drives client satisfaction and referrals:

Our Month End Close Checklist Template was carefully created to help you and your firm accurately carry out month-end close accounting work in a timely manner. And when your clients are satisfied with your firm’s work, they’ll refer you to their friends and colleagues.

Attain freedom and flexibility:

Running a successful firm is no child’s play. That’s why you need to find ways to remove yourself from the day-to-day processes so you can focus on working “on” the business rather than “in” the business. When you use our month-end close checklist template, you’ll provide your team with everything they need to complete tasks without you. They won’t need to ask you questions, nor will they need you to get involved in the process because they’ll have everything they need right within these checklists.

What you’ll find in our Month-end Close Checklist Template

In our fully editable and customizable Month-end Close Checklist Template, you’ll find:

  • A list of tasks (steps) to complete a month-end close report
  • Space to indicate the status of each task
  • Due date
  • Assignee
  • Notes

Note: Remember that you can add or remove any of these items to fit your firm’s unique processes.

How to use our Month-end Close Checklist Template

To use our Month End Close Checklist Template, simply:

  • Download the template
  • Or create an account with Financial Cents to access the template

After you’ve gotten your copy of the template:

  • Review each step and determine if you want to remove or add anything.
  • Optionally, you may add your logo to customize it to your firm.
  • Share it across your team via email or your file sharing platform.
  • You can also create a video to explain the tasks and any other important details to your team.

Month End Close Checklist Template FAQs

Are the tasks in the Month End Close Template accurate?
Yes, they are. We created our Month-end Checklist Template with feedback from bookkeepers and accountants like you. However, please review each task carefully and feel free to edit them to fit your firm’s unique needs.

Can I use this checklist template within the Financial Cents application?
Absolutely! In fact, that’s the better way to use and maximize this template. In Financial Cents, you can create a project from this checklist template, making it easy for you and every member of your team to get work done. Financial Cents also gives you a great overview of all client work and projects so you never miss another deadline.


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