Free Checklist Templates for Month End Close

Month End Close

OR

Account Reconciliation Checklist

Pre-Close Preparation

Confirm bank and credit-card statements uploaded

Request missing statements from client

Verify payroll fully posted through period-end

Confirm A/P bills entered through cutoff

Bank and Credit-Card Reconciliation

Reconcile each operating bank account

Reconcile each credit-card account

Clear stale uncleared transactions

Document reconciling items over $1,000

Investigate and resolve discrepancies

Sub-Ledger Tie-Out

Tie A/R aging to GL receivables

Tie A/P aging to GL payables

Roll forward fixed assets and post depreciation

Tie loan balances to lender statements

Adjusting Journal Entries

Record period-end accruals

Amortize prepaids and deferred revenue

Reclass misposted transactions

Review and Variance Analysis

Review trial balance for unusual variances

Generate P&L, balance sheet, and cash flow

Sign off on reconciliation review

Address reviewer rework items

Close-Out and Delivery

Lock the period in QuickBooks Online

File workpapers to the engagement folder

Send report package to client

Open-Item Follow-Up

Track aged reconciling items to resolution

Update reconciliation procedures for recurring issues

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Accounts Payable Aging Report Checklist

Pre-Report Setup

Confirm all vendor bills are entered

Verify payment batches are posted

Confirm access to the AP module

Generate the Aging Report

Run the AP aging summary report

Set aging buckets to 0/30/60/90+

Export the aging detail by vendor

Reconcile to the General Ledger

Tie aging total to GL accounts payable

Investigate the AP subledger variance

Flag 1099-eligible vendor balances

Investigate Exceptions

Review vendor credit balances and debit memos

Identify duplicate bills or split entries

Flag bills aged over 90 days

Prioritize the Payment Run

Identify early-payment-discount opportunities

Build the proposed ACH and check run

Confirm cash availability with the controller

Review, Sign-Off, and Improvement

Summarize aging findings for the controller

Walk controller through high-risk balances

Archive the aging report and workpapers

Note one process improvement for next month

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Accounts Receivable Aging Report Checklist

Pre-Close Setup

Confirm the AR cutoff date

Post all customer payments through cutoff

Apply unapplied cash and open credit memos

Tie AR sub-ledger to the GL control account

Generate the Aging Report

Run the AR aging report

Verify bucket definitions match policy

Investigate negative customer balances

Bucket Analysis

Review the 90+ day bucket

Compare aging trends to prior month

Document disputed invoices and credit holds

Doubtful Accounts Review

Pull credit updates on at-risk customers

Recalculate the allowance for doubtful accounts

Post the allowance adjustment AJE

Recommend uncollectible accounts for write-off

Collections Outreach

Send dunning notices for 30/60/90+ buckets

Place collection calls on $5K+ past-due accounts

Log all outreach in the collections tracker

Management Reporting and Sign-Off

Draft the AR aging summary memo

Calculate DSO and bad-debt ratios

Obtain controller sign-off on the package

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Bank Reconciliation Checklist

Gather Source Documents

Pull the bank statement for the period

Verify the bank feed is fully imported

Open the GL cash account register

Confirm prior-period reconciliation is closed

Match Cleared Transactions

Tie the opening balance to last month's recon

Clear deposits against the bank statement

Clear checks, ACH, and wire disbursements

Confirm credit-card and merchant fees are posted

Investigate Discrepancies

List outstanding checks and deposits in transit

Flag bank errors and unauthorized debits

Record bank fees and interest income

Determine whether material variances exist

Resolve Material Variances

Send variance questions to the client

Pull supporting documentation for each variance

Escalate unresolved items to the controller

Post Adjusting Entries

Draft AJEs for fees, interest, and corrections

Post the AJEs to the GL

Confirm adjusted balances tie

Review and Sign-Off

Generate the reconciliation report

Submit the recon for supervisor review

Lock the period in the GL

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Budget Variance Analysis Checklist

Preliminary Preparations

Confirm the period is closed in the GL

Pull the approved budget for the period

Export actuals to the variance workbook

Set the materiality threshold

Variance Calculation

Calculate revenue variances by line

Calculate COGS and gross margin variances

Calculate opex variances by department

Flag variances that breach materiality

Driver Investigation

Request commentary from department owners

Reconcile timing vs. permanent variances

Test for one-time or non-recurring items

Validate explanations against source data

Reporting Package

Draft the variance commentary memo

Build the CFO review deck

Walk the CFO through the package

Reforecast and Action Plans

Update the rolling forecast

Refresh the cash flow forecast

Assign corrective actions to owners

Close-Out and Lessons Learned

Distribute the final package to stakeholders

Log the analysis in the workpapers archive

Capture lessons for the next cycle

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Chart of Accounts Maintenance Checklist

Pre-Review Preparation

Export the current chart of accounts

Pull 12-month activity by account

Confirm the COA size threshold

Structural Cleanup

Map redundant accounts for merging

Reclassify dimension misuse to classes or tags

Deactivate stale accounts with zero activity

Classification and Naming Review

Verify account types against US GAAP categories

Confirm QBO detail types match account purpose

Apply the firm's account numbering scheme

Standardize account names and descriptions

Reconciliation and Balance Validation

Tie balance-sheet accounts to supporting schedules

Investigate suspense and Ask My Accountant

Post reclassification AJEs with memos

Controls and Documentation

Restrict COA edit permissions in the GL

Log all changes to the change register

Controller signs off on the updated COA

Maintenance Cadence

Schedule the next quarterly COA review

Update the COA documentation in SmartVault

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Cost Accounting Checklist

Cost Identification and Classification

Pull GL cost transactions for the period

Classify each cost as direct or indirect

Tag costs as variable, fixed, or mixed

Segregate non-operational costs from product cost

Cost Allocation and Apportionment

Trace direct costs to cost objects

Select allocation bases for indirect costs

Apportion overhead using the chosen bases

Reassess allocation bases against current usage

Update allocation bases in the costing model

Budgeting and Variance Analysis

Build the flexible budget at actual volume

Calculate price and quantity variances

Investigate variances above materiality threshold

Update forecasts based on variance findings

Cost Control and Reduction

Review cost-center performance against budget

Flag cost centers exceeding tolerance

Document cost-reduction opportunities

List supplier renegotiation candidates

Inventory Management and Valuation

Value inventory under the elected costing method

Run cycle count or full physical inventory

Reconcile physical count to perpetual records

Post obsolescence and impairment write-downs

Performance Measurement and Reporting

Compile actual-versus-standard cost report

Apply activity-based costing to key cost pools

Deliver cost report package to management

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E-commerce Financial Audit Checklist

Revenue Verification

Reconcile Shopify orders to Stripe payouts

Confirm marketplace facilitator tax by state

Verify revenue recognition cutoff at period end

Audit refund and chargeback documentation

Spot-check promotional discount applications

Investigate channel-level revenue variance

Expense Analysis

Match supplier POs to invoices and receipts

Categorize ad spend by channel and campaign

Review recurring SaaS subscriptions

Flag unusual or unauthorized expenses

Verify expense approval thresholds were followed

Inventory Management

Reconcile FBA inventory with Seller Central

Audit warehouse cycle counts against OMS

Verify inventory valuation method

Identify deadstock and slow-moving SKUs

Review COGS against contribution margin

Document the inventory write-down with controller approval

Accounts Receivable

Confirm marketplace payouts posted to ledger

Review wholesale customer aging report

Reconcile chargeback and dispute reserves

Verify B2B credit terms documentation

Reconcile AR subledger to general ledger

Accounts Payable

Three-way match supplier invoices to POs

Verify 3PL fulfillment invoice line items

Review AP aging for early-payment discounts

Apply vendor credits and rebates

Sign off on AP-to-GL reconciliation

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End-of-Month Sales and Revenue Reporting

Transaction Cutoff and Verification

Confirm POS and billing system feeds posted

Reconcile invoice register to GL revenue

Document returns, credit memos, and discounts

Flag period-end cutoff exceptions for review

Post cutoff reclass entries

ASC 606 Revenue Recognition

Recognize product revenue at transfer of control

Release deferred revenue for completed services

Accrue unbilled revenue earned in period

Review multi-element contracts for allocation

Accounts Receivable Reconciliation

Tie A/R aging to GL receivables balance

Apply unapplied customer payments

Review 60+ and 90+ day buckets

Assess allowance for doubtful accounts

Post specific bad-debt write-offs

Sales Tax and Nexus Compliance

Pull state-by-state taxable sales summary

Confirm new nexus states or registrations

Initiate registration in new nexus states

Prepare jurisdiction returns for filing

Reconcile sales tax payable to filed returns

Reporting, Variance Analysis, and Delivery

Generate monthly revenue and net sales report

Run variance analysis vs. budget and prior period

Update rolling forecast with actuals

Partner sign-off on revenue package

Lock the period and deliver to client

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Financial Reporting Checklist

General Ledger and Trial Balance

Pull the working trial balance

Confirm closing entries posted to retained earnings

Reconcile the GL to subsidiary ledgers

Review the trial balance for unusual variances

Income Statement Review

Verify revenue cutoff and classification

Investigate flagged variance accounts

Review gross margin against prior periods

Flag non-recurring items for disclosure

Balance Sheet Review

Tie balance sheet accounts to the trial balance

Reconcile each bank and credit-card account

Roll forward the fixed asset schedule

Review prepaid, accrual, and deferred revenue schedules

Cash Flow Statement

Build operating, investing, and financing sections

Tie ending cash to the balance sheet

Document non-cash investing and financing items

Notes to Financial Statements

Update the significant accounting policies note

Review for subsequent events through report date

Draft the subsequent events disclosure

Confirm contingent liabilities and commitments disclosures

Compliance and Partner Sign-Off

Verify GAAP framework compliance

Disclose related-party transactions

Confirm statutory and regulatory filings ready

Partner sign-off on the financial statement package

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Financial Statement Preparation Checklist

Pre-Close Setup

Confirm client uploaded all bank statements

Confirm payroll posted through period end

Verify bills and invoices through cutoff

Accounts Receivable Tie-Out

Tie the A/R aging to GL receivables

Apply unapplied customer payments

Assess the bad-debt allowance

Post the bad-debt journal entry

Accounts Payable Tie-Out

Tie the A/P aging to GL payables

Accrue uninvoiced vendor bills

Reconcile key vendor statements

Bank and Credit-Card Reconciliation

Reconcile each operating bank account

Reconcile each credit-card account

Investigate stale uncleared transactions

Fixed Assets and Depreciation

Update the fixed-asset roll-forward

Post the monthly depreciation entry

Capitalize acquisitions over the threshold

Adjusting Journal Entries

Accrue payroll for unpaid days

Post prepaid amortization entries

Recognize deferred revenue per schedule

Post partner-approved AJEs

Statement Generation and Client Delivery

Review the working trial balance

Investigate variances with the controller

Generate income statement, balance sheet, and cash flow

Lock the period in QuickBooks Online

Deliver the report package to the client

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Fixed Assets Management Checklist

Acquisitions and Capitalization

Confirm the capitalization threshold policy

Pull all capex GL activity for the period

Tag new assets in the fixed asset register

Attach invoices and POs to each asset record

Depreciation Run

Review useful lives against current usage

Run the period depreciation in the FAR

Post the depreciation AJE

Reconcile FAR accumulated depreciation to GL

Physical Verification and Insurance

Schedule the physical asset count

Walk the floor with the FAR location report

Document and resolve count discrepancies

Reconcile insurance schedule to FAR

Disposals and Retirements

Collect disposal authorizations for the period

Calculate gain or loss per disposal

Retire assets in the FAR and stop depreciation

Post the disposal journal entry

Controls and Reporting

Review SoD on fixed asset transactions

Generate the quarterly fixed assets roll-forward

Update the property-tax tracker by jurisdiction

Controller sign-off on the fixed assets package

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Inventory Accounting Close Checklist

Pre-Close Inventory Setup

Confirm receiving and shipping cut-off

Freeze inventory adjustments in the ERP

Pull the perpetual inventory listing

Cycle Counts and Physical Verification

Schedule cycle counts by ABC classification

Reconcile count sheets to the perpetual listing

Review variances against materiality threshold

Document recounts in the count workpaper

Sub-Ledger Reconciliation

Tie inventory sub-ledger to the GL control account

Reconcile in-transit and consignment inventory

Verify freight-in and landed-cost capitalization

Valuation and Costing Review

Confirm costing method consistency

Analyze standard cost variances

Apply lower of cost or net realizable value

Reserves and Write-Offs

Identify slow-moving and obsolete SKUs

Calculate the obsolescence reserve adjustment

Post the shrinkage write-off entry

Post the obsolescence reserve entry

Reporting and Controller Sign-Off

Generate the inventory roll-forward schedule

Prepare turnover and days-inventory-on-hand metrics

Controller review and sign-off

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Investment Reconciliation Checklist

Pre-Reconciliation Setup

Pull custodian month-end statements

Confirm prior-period close is locked

Export investment GL detail

Position Verification

Tie share quantities to custodian positions

Verify fair-value pricing per ASC 820

Flag positions with quantity variances

Resolve position variances with custodian

Transaction Reconciliation

Match buys and sells to trade confirmations

Reconcile commissions and SEC fees

Record corporate actions in the sub-ledger

Investment Income & Tax

Reconcile dividend and interest receipts

Book accrued interest on fixed-income holdings

Reconcile foreign withholding taxes

Mark-to-Market & Realized Gain/Loss

Calculate unrealized gain/loss roll-forward

Compute realized gain/loss using lot relief

Identify wash-sale adjustments

Compliance & Policy Review

Test holdings against the IPS

Verify authorization on new positions

Draft the IPS breach memo

Reporting & Sign-Off

Finalize the reconciliation workpaper

Post AJEs and lock the period

Controller review and sign-off

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Journal Entry Checklist

Preparation and Documentation

Classify the entry type

Attach supporting workpapers

Write the AJE memo

Entry Accuracy

Verify amounts against source documents

Confirm GL accounts and dimensions

Confirm debits equal credits

Set the reversing flag if applicable

Compliance and Authorization

Check the entry against accounting policy

Flag entries above the materiality threshold

Verify SOX or ICFR control mapping

Review and Approval

Route to a second-reviewer

Obtain partner sign-off for material entries

Address review comments

Posting and Reconciliation

Post the entry to the general ledger

Tie the entry to the trial balance

Scan the GL for posting errors

Correction Workflow

Prepare a correcting journal entry

Notify the controller of the correction

Retention and Filing

File the JE package in document management

Update the period JE log

Confirm 7-year retention is set

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Month-End Close Checklist

General Ledger Reconciliation

Confirm all journal entries are posted

Reconcile operating and trust bank accounts

Match subsidiary ledgers to GL control accounts

Balance intercompany transactions across entities

Investigate intercompany variances

Advisory Fee Billing & Receivables

Reconcile aged receivables to GL control

Tie advisory fee invoices to custodian debits

Review allowance for doubtful accounts

Confirm client payments applied to correct households

Resolve fee billing variances with operations

Accounts Payable & Vendor Spend

Enter all vendor invoices before AP cutoff

Accrue for received-not-invoiced expenses

Reconcile AP sub-ledger to GL control

Verify vendor payments are processed and posted

Flag duplicate and aged-over-60 invoices

Fixed Assets, Prepaids & Accruals

Update the fixed asset register

Reconcile fixed asset sub-ledger to GL

Calculate and post monthly depreciation

Amortize prepaid expense schedules

Assess impairment indicators on long-lived assets

Post impairment adjustment and CFO memo

Financial Statement Preparation & Sign-Off

Prepare and review the trial balance

Draft income statement and balance sheet

Compile statement of cash flows

Verify GAAP compliance and required disclosures

Obtain CFO sign-off and lock the period

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Monthly Accounting Close Checklist

Pre-Close Setup

Confirm bank and credit-card statements uploaded

Confirm payroll posted through period-end

Verify vendor bills and customer invoices entered

Bank and Credit-Card Reconciliations

Reconcile each operating bank account in QBO

Reconcile each corporate credit-card account

Age uncleared items beyond 30 days

Escalate flagged items to the client controller

Accounts Receivable Tie-Out

Tie A/R aging to the GL receivables balance

Apply customer payments to open invoices

Flag uncollectible accounts for write-off

Post the bad-debt write-off journal entry

Accounts Payable Tie-Out

Three-way match new vendor bills

Reconcile A/P aging to vendor statements

Schedule the check and ACH payment run

Payroll Posting

Import the payroll journal from Gusto or ADP

Tie payroll tax liabilities to deposit confirmations

Adjusting Journal Entries

Post prepaid expense amortization

Post deferred revenue recognition

Record monthly depreciation per the fixed-asset schedule

Post reclass entries from reconciliation findings

Reporting and Period Lock

Generate the working trial balance

Produce P&L, balance sheet, and cash flow package

Write the management commentary memo

Sign off on the close package

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Monthly Bookkeeping and Accounting Close

Pre-Close Setup

Confirm bank and credit-card statements received

Confirm payroll is posted through period-end

Confirm vendor bills entered through period-end

Confirm customer invoices entered for the period

Bank and Credit-Card Reconciliation

Reconcile each operating bank account

Reconcile each credit-card account

Clear stale uncleared transactions

Document unreconciled items in the workpaper

Email client about material reconciling items

Sub-Ledger Tie-Out

Tie A/R aging to GL receivables

Tie A/P aging to GL payables

Roll forward fixed assets and post depreciation

Tie loan balances to lender statements

Adjusting Journal Entries

Accrue payroll for unpaid days

Record prepaid expense amortization

Recognize deferred revenue earned in period

Reclass misposted transactions

Review and Reporting

Review the trial balance for variances

Generate P&L with prior-period comparison

Generate balance sheet and cash flow

Write management commentary

Client Delivery

Lock the period in QBO or Xero

Send the report package to the client

Schedule the monthly review call

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Monthly Bookkeeping Close Checklist

Pre-Close Setup

Collect bank and credit-card statements

Confirm payroll is fully posted

Coordinate with the payroll provider on missing runs

Confirm vendor bills entered through period-end

Bank and Credit-Card Reconciliation

Reconcile each operating bank account in QBO

Clear stale uncleared items over 30 days

Reconcile each credit-card account to statement

Document unreconciled items over $1,000

Accounts Receivable Tie-Out

Tie A/R aging to the GL receivables balance

Send statements on accounts past 30 days

Flag any accounts aged 90 days or more

Recommend bad-debt write-off entries

Accounts Payable Tie-Out

Tie A/P aging to the GL payables balance

Run the scheduled Bill.com payment batch

Review unpaid bills against cash position

Payroll Tie-Out

Tie payroll register to GL payroll expense

Confirm 941 deposits posted on schedule

Accrue payroll for unpaid days at period-end

Fixed Assets and Loan Schedules

Record fixed asset additions and dispositions

Post the monthly depreciation entry

Reconcile loan balances to lender statements

Adjusting Journal Entries

Record prepaid expense amortization

Record deferred-revenue recognition

Reclass misposted transactions from recs

Review and Reporting

Review the working trial balance for variances

Generate the P&L, balance sheet, and cash flow

Write management commentary on variances

Client Delivery and Period Lock

Lock the period in QBO with close-date password

Send the report package to the client portal

Capture partner sign-off on the close

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Monthly Close Process

Pre-Close Cutoff

Post final A/R invoices and credit memos

Post final A/P vendor bills

Post payroll and employee expense entries

Confirm sub-ledger cutoff is complete

Resolve outstanding cutoff issues

Day 1 — Recurring Entries

Post depreciation and amortization entries

Post recurring monthly journal entries

Draft nonstandard and intercompany entries

Day 2 — Sub-Ledger Close

Post reviewed nonstandard journal entries

Close fixed assets, payroll, A/P, and A/R sub-ledgers

Reconcile intercompany balances to zero

Day 3 — Bank Rec & Draft Financials

Reconcile operating and credit-card accounts

Post revenue, cost, and tax accruals

Draft trial balance and preliminary financials

Day 4 — Variance Review & Disclosures

Investigate flagged variances with department owners

Post correcting journal entries

Draft footnotes and management commentary

Day 5 — Controller & CFO Sign-Off

Walk the financials through controller review

Lock the period in the GL system

Route financial package for CFO sign-off

Day 6 — Distribution & Reporting Cycle

Distribute financials to leadership and lenders

Kick off the rolling budget and forecast cycle

Run the close postmortem

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Monthly Financial Close Checklist

Pre-Close Setup

Confirm bank and credit-card statements uploaded

Request missing statements from the client

Confirm payroll posted through period end

Clear Ask My Accountant and uncategorized

Bank and Credit-Card Reconciliation

Reconcile each operating bank account

Investigate stale uncleared transactions

Reconcile each credit-card account

Document unreconciled items over $1,000

Sub-Ledger Tie-Out

Tie A/R aging to GL receivables

Tie A/P aging to GL payables

Reconcile inventory to the perpetual ledger

Roll forward fixed assets and post depreciation

Tie loan balances to lender statements

Adjusting Journal Entries

Accrue payroll for unpaid days

Amortize prepaids and recognize deferred revenue

Reclass misposted transactions

Post all adjusting journal entries

Review and Reporting

Review trial balance for unusual variances

Generate the financial statement package

Write management commentary on variances

Submit the package for partner review

Address partner review notes

Client Delivery and Period Lock

Lock the period in the GL

Deliver the report package to the client

Schedule the monthly review call

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Monthly Financial Reporting Checklist

Pre-Close Cutoff

Lock the prior period in the PM software

Confirm month-end rent roll is finalized

Identify the portfolio scope for this close

Income and Receipts Review

Tie rent receipts to the rent roll

Reconcile ancillary income lines

Post HAP payments for voucher units

Bank Reconciliation

Reconcile the operating account

Reconcile the trust and security deposit accounts

Escalate trust account variance to the broker

Document inter-account transfers

Accounts Payable and Receivable

Run the AP aging by property

Verify vendor W-9s and active COIs

Hold payments to vendors with lapsed COIs

Run the AR aging and delinquency report

Financial Statements and Owner Packets

Generate the property-level balance sheet

Generate the income statement with budget variance

Draft the executive summary narrative

Controller review and sign-off

Rework packet items flagged in review

Distribute owner packets through the portal

Compliance and Audit Readiness

Review LIHTC and Section 8 compliance items

Sample-test internal control adherence

File Form 8300 for any cash receipts over $10,000

Stage records for the year-end audit

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Monthly Financial Reporting Checklist

Revenue and Expense Reconciliation

Pull custodian fee billing reports

Reconcile fee invoices to custodian debits

Post operating expense invoices for the period

Reconcile the operating bank account

Book accruals and prepaid amortization

Financial Statement Preparation

Generate the trial balance

Produce the income statement and balance sheet

Build the cash flow statement

Run variance analysis against budget

Document explanations for material variances

Internal Review and Adjustments

Controller reviews the close package

Post review adjusting journal entries

Refresh the rolling forecast

Draft the management reporting package

Obtain CFO sign-off on the close

Compliance and Audit Preparation

Refresh the compliance checklist for new rules

Stage workpapers for the surprise exam

Run the monthly compliance self-test

Log findings and remediation owners

Escalate material issues to the CCO

Schedule the auditor pre-meeting

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Monthly Financial Review Checklist

Pre-Close Setup

Confirm bank and credit-card statements are uploaded

Verify payroll is fully posted for the period

Confirm vendor bills entered through period end

Bank and Credit-Card Reconciliation

Reconcile each operating bank account

Reconcile credit-card accounts

Document unreconciled items over $1,000

Escalate aged reconciling items to the client

Accounts Receivable Review

Tie the A/R aging to the GL receivables balance

Work the 60-plus aging bucket

Reassess the allowance for doubtful accounts

Accounts Payable Review

Tie the A/P aging to the GL payables balance

Reconcile key vendor statements to the ledger

Flag overdue payables for client approval

Payroll Verification

Reconcile the payroll register to GL wages

Verify 941 deposits posted on schedule

Accrue unpaid wages through period end

Expense and Variance Analysis

Run P&L vs. budget by department

Investigate variances over the materiality threshold

Document variance explanations in the management memo

Revenue and Deferred Income

Tie revenue to the billing system

Review ASC 606 timing on new contracts

Roll forward the deferred revenue schedule

Close Review and Client Delivery

Review the trial balance for unusual swings

Generate the financial reporting package

Lock the period in QBO

Deliver the close package to the client

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Monthly Management Reports Checklist

Pre-Reporting Readiness

Confirm the period is locked in the GL

Tie working trial balance to the GL

Confirm bank and credit-card recs are complete

Document stale reconciling items

Income Statement Review

Generate the P&L with prior-period comparatives

Analyze revenue by stream against forecast

Investigate gross margin variances by line

Compare opex to budget and prior period

Balance Sheet Analysis

Tie sub-ledgers to balance sheet control accounts

Roll forward prepaids, accruals, and deferred revenue

Tie loan balances to lender statements

Investigate equity-section movements

Cash Flow and Liquidity

Generate the indirect-method cash flow statement

Review operating, investing, and financing flows

Calculate liquidity runway in months

Budget vs. Actuals and Forecast

Build the budget-to-actual variance schedule

Write variance explanations for every flagged line

Update the rolling forecast for the remaining quarters

KPI and Operational Metrics

Update the KPI dashboard

Benchmark KPIs against trailing 12 months

Flag KPIs trending outside tolerance

Schedule corrective-action follow-up with the owner

Compliance and Internal Controls Review

Confirm payroll tax deposits posted on schedule

Review sales-tax nexus exposure across states

Verify segregation-of-duties controls held

Document compliance review findings

Package Delivery and Sign-Off

Draft the management commentary

Partner or controller review of the package

Address rework items from the reviewer

Deliver the report package to ownership

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