CORE1ERP | MONTH-END FINANCE CLOSE CHECKLIST
Operational worksheet | Version 1.0 | November 2026

For each item record the preparer, reviewer, completion date and evidence reference.

BEFORE PERIOD END
[ ] Confirm close calendar, journal deadlines and task owners.
[ ] Review unposted sales, purchase invoices and expense claims.
[ ] Follow up on goods received but not invoiced and open credit notes.

RECONCILIATIONS
[ ] Reconcile all bank accounts to bank statements.
[ ] Review aged receivables and doubtful debt assumptions.
[ ] Reconcile supplier statements and aged payables.
[ ] Reconcile inventory subledger, counts and adjustments.
[ ] Review fixed asset movements and depreciation.
[ ] Reconcile payroll liabilities and statutory deductions.
[ ] Reconcile intercompany balances where applicable.

REVIEW AND REPORT
[ ] Validate accruals, prepayments and period cut-off.
[ ] Review unusual journals and manual adjustments.
[ ] Compare P&L, balance sheet and cash flow to prior period and budget.
[ ] Explain material variances and obtain review sign-off.
[ ] Lock period according to approved policy.

IMPROVEMENT LOG
Recurring issues: _________________________________________
Owner and corrective action: ______________________________
Due date: __________________________________________________

Follow applicable accounting standards and seek qualified advice for judgments.