Month-End Close & Revenue Recognition
Effortless month-end closing and precise revenue recognition.
So your financials stay accurate, compliant, and ready for decision-making.
Seamless Closings & Clear Revenue
Completing an accurate month-end close and recognizing revenue properly are essential for business performance, compliance, and transparency. Our team handles every aspect of the close process—collecting, verifying, and reconciling transactions, so your books are always up-to-date and error-free. We specialize in applying revenue recognition standards suited to your business model, making sure every dollar is reported in the right period and your financials stand up to auditor and investor scrutiny.
Our process blends proven workflows, automated tools, and expert review to eliminate delays and reduce risks from manual entry or unclear documentation. This brings greater confidence to your reporting, frees leaders to focus on strategic decisions, and builds trust for stakeholders. With streamlined close management and reliable revenue accounting, you can count on timely statements and maintain a solid financial foundation for growth.
What We Deliver
Streamlined Month-End Close
Organize, reconcile, and review each month's transactions for faster, error-free closing.
Automation & Best Practices
Use proven checklists and modern tools to speed up processing and minimize manual work.
Accurate Revenue Recognition
Apply standards and controls to ensure revenue is recognized in the right period for clear, trustworthy reporting.
Audit-Ready Financials
Prepare complete statements and documentation that pass scrutiny from auditors, investors, and regulators.
Our Step-by-Step Approach
Collect & Verify Data
We begin by gathering all pertinent financial data for the period, including invoices, sales transactions, expenses, payroll, and bank statements. Each transaction is carefully verified for accuracy and completeness, ensuring every financial event is properly documented and recorded. Our team cross-references multiple sources to catch discrepancies early and maintain data integrity.
Reconcile Accounts
Once data is collected, we methodically reconcile all accounts—including bank accounts, credit cards, accounts receivable, and accounts payable—to confirm balances align with statement records. We investigate and resolve any outstanding or unmatched items promptly to guarantee accuracy and readiness for reporting.
Adjust & Post Entries
Our experts make necessary adjustments such as posting accruals for incurred but unpaid expenses, allocating prepaid costs to the correct periods, recording depreciation on fixed assets, and accounting for deferrals. These period-end entries ensure financial statements reflect the true economic activity of the period.
Recognize Revenue
Revenue recognition is handled meticulously following relevant accounting standards and principles. We evaluate contracts, delivery milestones, and subscription billing cycles to accurately recognize or reclassify revenue, ensuring compliance and reliability in reported income.
Prepare Reports
Using reconciled and accurate data, we prepare comprehensive financial reports including the balance sheet, profit and loss statement, and cash flow statements. Additionally, we compile tailored supporting schedules and analyses to provide clear insights into your financial health.
Final Review & Close
Before finalizing, the reports undergo a thorough quality control and management review to catch any inconsistencies or errors. Once approved, the books are officially closed for the period, and reports are distributed to stakeholders, providing you with trustworthy financial information to guide decisions.