--- id: sm-close-management name: "close-management" url: https://skills.yangsir.net/skill/sm-close-management author: anthropics domain: finance tags: ["financial-close-process", "accounting", "financial-reporting", "month-end-close", "audit-preparation"] install_count: 1300 rating: 4.30 (20 reviews) github: https://github.com/anthropics/knowledge-work-plugins --- # close-management > 协助进行财务结账管理工作流，但强调不提供财务建议，需专业人士审核。 **Stats**: 1,300 installs · 4.3/5 (20 reviews) ## Before / After 对比 ### 财务结账流程优化对比 ## Readme # close-management # Close Management **Important**: This skill assists with close management workflows but does not provide financial advice. All close activities should be reviewed by qualified financial professionals. Month-end close checklist, task sequencing and dependencies, status tracking, and common close activities organized by day. ## Month-End Close Checklist ### Pre-Close (Last 2-3 Business Days of the Month) - Send close calendar and deadline reminders to all contributors - Confirm cut-off procedures with AP, AR, payroll, and treasury - Verify all sub-systems are processing normally (ERP, payroll, banking) - Complete preliminary bank reconciliation (all but last-day activity) - Review open purchase orders for potential accrual needs - Confirm payroll processing schedule aligns with close timeline - Collect information for any known unusual transactions ### Close Day 1 (T+1: First Business Day After Month-End) - Confirm all sub-ledger modules have completed period-end processing - Run AP accruals for goods/services received but not invoiced - Post payroll entries and payroll accrual (if pay period straddles month-end) - Record cash receipts and disbursements through month-end - Post intercompany transactions and confirm with counterparties - Complete bank reconciliation with final bank statement - Run fixed asset depreciation - Post prepaid expense amortization ### Close Day 2 (T+2) - Complete revenue recognition entries and deferred revenue adjustments - Post all remaining accrual journal entries - Complete AR subledger reconciliation - Complete AP subledger reconciliation - Record inventory adjustments (if applicable) - Post FX revaluation entries for foreign currency balances - Begin balance sheet account reconciliations ### Close Day 3 (T+3) - Complete all balance sheet reconciliations - Post any adjusting journal entries identified during reconciliation - Complete intercompany reconciliation and elimination entries - Run preliminary trial balance and income statement - Perform preliminary flux analysis on income statement - Investigate and resolve material variances ### Close Day 4 (T+4) - Post tax provision entries (income tax, sales tax, property tax) - Complete equity roll-forward (stock compensation, treasury stock) - Finalize all journal entries — soft close - Generate draft financial statements (P&L, BS, CF) - Perform detailed flux analysis and prepare variance explanations - Management review of financial statements and key metrics ### Close Day 5 (T+5) - Post any final adjustments from management review - Finalize financial statements — hard close - Lock the period in the ERP/GL system - Distribute financial reporting package to stakeholders - Update forecasts/projections based on actual results - Conduct close retrospective — identify process improvements ## Task Sequencing and Dependencies ### Dependency Map Tasks are organized by what must complete before the next task can begin: ``` LEVEL 1 (No dependencies — can start immediately at T+1): ├── Cash receipts/disbursements recording ├── Bank statement retrieval ├── Payroll processing/accrual ├── Fixed asset depreciation run ├── Prepaid amortization ├── AP accrual preparation └── Intercompany transaction posting LEVEL 2 (Depends on Level 1 completion): ├── Bank reconciliation (needs: cash entries + bank statement) ├── Revenue recognition (needs: billing/delivery data finalized) ├── AR subledger reconciliation (needs: all revenue/cash entries) ├── AP subledger reconciliation (needs: all AP entries/accruals) ├── FX revaluation (needs: all foreign currency entries posted) └── Remaining accrual JEs (needs: review of all source data) LEVEL 3 (Depends on Level 2 completion): ├── All balance sheet reconciliations (needs: all JEs posted) ├── Intercompany reconciliation (needs: both sides posted) ├── Adjusting entries from reconciliations └── Preliminary trial balance LEVEL 4 (Depends on Level 3 completion): ├── Tax provision (needs: pre-tax income finalized) ├── Equity roll-forward ├── Consolidation and eliminations ├── Draft financial statements └── Preliminary flux analysis LEVEL 5 (Depends on Level 4 completion): ├── Management review ├── Final adjustments ├── Hard close / period lock ├── Financial reporting package └── Forecast updates ``` ### Critical Path The critical path determines the minimum close duration. Typical critical path: ``` Cash/AP/AR entries → Subledger reconciliations → Balance sheet recs → Tax provision → Draft financials → Management review → Hard close ``` To shorten the close: - Automate Level 1 entries (depreciation, prepaid amortization, standard accruals) - Pre-reconcile accounts during the month (continuous reconciliation) - Parallel-process independent reconciliations - Set clear deadlines with consequences for late submissions - Use standardized templates to reduce reconciliation prep time ## Status Tracking and Reporting ### Close Status Dashboard Track each close task with the following attributes: Task Owner Deadline Status Blocker Notes [Task name] [Person/role] [Day T+N] Not Started / In Progress / Complete / Blocked [If blocked, what's blocking] [Any notes] ### Status Definitions - **Not Started:** Task has not yet begun (may be waiting on dependencies) - **In Progress:** Task is actively being worked on - **Complete:** Task is finished and has been reviewed/approved - **Blocked:** Task cannot proceed due to a dependency, missing data, or issue - **At Risk:** Task is in progress but may not meet its deadline ### Daily Close Status Meeting (Recommended) During the close period, hold a brief (15-minute) daily standup: - **Review status board:** Walk through open tasks, flag any that are behind - **Identify blockers:** Surface any issues preventing task completion - **Reassign or escalate:** Adjust ownership or escalate blockers to resolve quickly - **Update timeline:** If any tasks are at risk, assess impact on overall close timeline ### Close Metrics to Track Over Time Metric Definition Target Close duration Business days from period end to hard close Reduce over time # of adjusting entries after soft close Entries posted during management review Minimize # of late tasks Tasks completed after their deadline Zero # of reconciliation exceptions Reconciling items requiring investigation Reduce over time # of restatements / corrections Errors found after close Zero ## Common Close Activities by Day ### Typical 5-Day Close Calendar Day Key Activities Responsible **T+1** Cash entries, payroll, AP accruals, depreciation, prepaid amortization, intercompany posting Staff accountants, payroll **T+2** Revenue recognition, remaining accruals, subledger reconciliations (AR, AP, FA), FX revaluation Revenue accountant, AP/AR, treasury **T+3** Balance sheet reconciliations, intercompany reconciliation, eliminations, preliminary trial balance, preliminary flux Accounting team, consolidation **T+4** Tax provision, equity roll-forward, draft financial statements, detailed flux analysis, management review Tax, controller, FP&A **T+5** Final adjustments, hard close, period lock, reporting package distribution, forecast update, retrospective Controller, FP&A, finance leadership ### Accelerated Close (3-Day Target) For organizations targeting a faster close: Day Key Activities **T+1** All JEs posted (automated + manual), all subledger reconciliations, bank reconciliation, intercompany reconciliation, preliminary trial balance **T+2** All balance sheet reconciliations, tax provision, consolidation, draft financial statements, flux analysis, management review **T+3** Final adjustments, hard close, reporting package, forecast update **Prerequisites for a 3-day close:** - Automated recurring journal entries (depreciation, amortization, standard accruals) - Continuous reconciliation during the month (not all at month-end) - Automated intercompany elimination - Pre-close activities completed before month-end (cut-off, accrual estimates) - Empowered team with clear ownership and minimal handoffs - Real-time or near-real-time sub-system integration ## Close Process Improvement ### Common Bottlenecks and Solutions Bottleneck Root Cause Solution Late AP accruals Waiting for department spend confirmation Implement continuous accrual estimation; set cut-off deadlines Manual journal entries Recurring entries prepared manually each month Automate standard recurring entries in the ERP Slow reconciliations Starting from scratch each month Implement continuous/rolling reconciliation Intercompany delays Waiting for counterparty confirmation Automate intercompany matching; set stricter deadlines Management review changes Large adjustments found during review Improve preliminary review process; empower team to catch issues earlier Missing supporting documents Scrambling for documentation at close Maintain documentation throughout the month ### Close Retrospective Questions After each close, ask: - What went well this close that we should continue? - What took longer than expected and why? - What blockers did we encounter and how can we prevent them? - Were there any surprises in the financial results we should have caught earlier? - What can we automate or streamline for next month? Weekly Installs223Repository[anthropics/know…-plugins](https://github.com/anthropics/knowledge-work-plugins)GitHub Stars9.9KFirst SeenJan 31, 2026Security Audits[Gen Agent Trust HubPass](/anthropics/knowledge-work-plugins/close-management/security/agent-trust-hub)[SocketPass](/anthropics/knowledge-work-plugins/close-management/security/socket)[SnykPass](/anthropics/knowledge-work-plugins/close-management/security/snyk)Installed onopencode202codex198gemini-cli195github-copilot188cursor184claude-code180 --- *Source: https://skills.yangsir.net/skill/sm-close-management* *Markdown mirror: https://skills.yangsir.net/api/skill/sm-close-management/markdown*