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Accounting › Close & Compliance

Financial Close

Not a button: forty to three hundred tasks in an order where half cannot start until another has finished, against a date somebody promised a board.

In Accounting → Close & Compliance · 8 screens

ScreenKindWhat it is ColumnsFieldsActions
Close Cockpit Workspace The wizard: sub-ledgers, allocations, settlements, accruals, valuation, the general ledger, then sign-off — with the runs it can actually perform, and a phase that refuses to advance while a blocking task is outstanding. 0 0 0
Financial Closes Read-only list One month’s instance of the checklist, with real dates and real people. 12 0 5
Close Tasks List What has to happen, in what order, by whom. A task that is not ready refuses to start with the names of what it is waiting for. 12 4 3
Close Checks List The evidence. A reconciliation task that says "done" and nothing else is why closes get re-performed at audit. 10 11 0
Close Templates List What we do every month, in what order, and who owns each step. 8 7 0
Close Checklist List One task in the template. The phase is what the wizard turns into a step, and an automated task names the run it performs. 10 19 0
Recurring Entries & Accruals List An accrual reverses on the first day of the next period; a recurring entry does not. Getting that backwards doubles a cost every month, which is why it is a field rather than a habit. 11 17 1
Currency Revaluation Read-only list Monetary balances restated at the closing rate. Run AFTER the sub-ledgers are closed — revaluing balances that are about to change is a wrong answer arrived at efficiently. 11 0 1

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