Monthly financial close template
Coordinate one named accounting-period close with a bounded sequence for inputs, reconciliations, review, and documented completion.
Best for coordinating one named accounting-period close through reconciliations, review, and close completion.
Your first project is included. Existing accounts stay subject to their available project capacity.
Monthly financial close: organize one named period from cutoff to completion.
Coordinate one named accounting-period close with a bounded sequence for inputs, reconciliations, review, and documented completion. The schedule turns Reconcile the named period, Review and complete the close, and Named-period inputs ready into visible handoffs rather than an informal checklist.
Create the project to assign real owners and dates after your internal scope is set. The published sequence is a starting point; it intentionally excludes private records such as Bank account details.
This public planning aid coordinates a named-period close workflow. It does not provide tax, accounting, legal, or investment advice, and it does not determine a financial statement outcome. Keep private close records in your secured project.
Included schedule
13 rows and 8 dependencies, already sequenced.
Inspect the full schedule before you create a project.
Click a bar, double-click it, or press Enter to inspect it.
Schedule details
Complete schedule table
The same published schedule is available below as a semantic table for detailed review.
| Work item | Type | Schedule | Duration | Depends on |
|---|---|---|---|---|
| Prepare the named period close | Phase | Days 1–4 | Derived rollup | No dependencies |
| Confirm named-period close checklist | Task | Day 1 | 1 working day | No dependencies |
| Collect close inputs for the named period | Task | Days 2–3 | 2 working days | Confirm named-period close checklist |
| Named-period inputs ready | Milestone | Day 4 | Milestone | Collect close inputs for the named period |
| Reconcile the named period | Phase | Days 5–10 | Derived rollup | No dependencies |
| Reconcile ledger balances | Task | Days 5–7 | 3 working days | No dependencies |
| Prepare close review package | Task | Days 8–9 | 2 working days | Reconcile ledger balances |
| Resolve close exceptions | Task | Days 8–9 | 2 working days | Reconcile ledger balances |
| Reconciliations ready for review | Milestone | Day 10 | Milestone | Resolve close exceptions, Prepare close review package |
| Review and complete the close | Phase | Days 11–14 | Derived rollup | No dependencies |
| Review named-period close package | Task | Days 11–12 | 2 working days | No dependencies |
| Record named-period close decision | Task | Day 13 | 1 working day | Review named-period close package |
| Named-period close complete | Milestone | Day 14 | Milestone | Record named-period close decision |
Who it helps
- Finance and operations teams completing one defined monthly financial close.
- Cross-functional owners who need explicit reviews, evidence, and handoffs.
What is included
- Prepare the named period close: Reconcile the named period, Review and complete the close
- Reconcile the named period: Collect close inputs for the named period, Named-period inputs ready
- Review and complete the close: Resolve close exceptions, Prepare close review package
Adapt after creation
- Set real dates and owners after creation, then add secured operating detail such as Bank account details.
- Replace relative working days with a real start date and assign one accountable owner to every row.
- Keep Reconcile the named period, Review and complete the close, and Named-period inputs ready connected so the next decision has clear evidence.
How to use this template
A practical path through the schedule.
- 1
Prepare the named period close
Use Prepare the named period close to sequence the work and record the decision that releases the next handoff.
- 2
Reconcile the named period
Use Reconcile the named period to sequence the work and record the decision that releases the next handoff.
- 3
Review and complete the close
Use Review and complete the close to sequence the work and record the decision that releases the next handoff.
Not included
Planning aid
This public planning aid coordinates a named-period close workflow. It does not provide tax, accounting, legal, or investment advice, and it does not determine a financial statement outcome. Keep private close records in your secured project.
- Bank account details
- Customer invoice records
- Payroll registers
- Tax filing data
Template FAQ
Answers before you start
What does the Monthly financial close template include?
It turns Prepare the named period close, Reconcile the named period, Review and complete the close into a practical schedule with named work, dependencies, and decision points.
Who should use the Monthly financial close template?
Teams coordinating one finite outcome with clear responsibility, review, and handoff points.
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Ready to adapt this plan?
Create a project, set a real start date, and assign the people who own the next handoffs.
Use the Monthly financial close template freeYour first project is included. Existing accounts stay subject to their available project capacity.