Close Management

Standard Month-End Close Checklist Template

A comprehensive checklist to ensure nothing falls through the cracks during your month-end close. Track every task, owner, and deadline in one place.

How to use this template

1

List all close tasks

Document every task required for your month-end close, from reconciliations to account reviews to journal entries. Include timing dependencies and prerequisites.

2

Assign owners and deadlines

Designate responsibility for each task and set realistic deadlines that account for review and approval time. Build in buffer days before final close.

3

Set up status tracking

Create status columns (Not Started, In Progress, Complete, Blocked) and establish a daily review cadence to stay on track.

4

Document interdependencies

Note which tasks depend on others being completed first (e.g., accruals before financial statements). Use this to identify bottlenecks early.

5

Review and update monthly

After each close, capture lessons learned and adjust the checklist for the next period. Remove redundant tasks and add new ones as needed.

Why use this template

  • Reduces close timeline by catching delays earlier in the process
  • Eliminates last-minute scrambles and forgotten tasks
  • Provides visibility into which team members are bottlenecks
  • Creates a repeatable, standardized close process month over month

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