We organize the month around a documented close process. That means understanding the source reports, how settlement activity reaches the accounting file and which exceptions still need attention. The aim is a reviewable handoff, rather than another unexplained total.
Exhibit 3
The close, working day by working day
Working day
1
2
3
4
5
6
7
8
Payouts matched to bank
Stock and landed cost
Accruals and adjustments
Review and open items
Management pack
The pack goes out on working day 8, after every payout ties to the bank.
Illustrative close calendar for a fictional brand. Not client results.
What you get
A close checklist with a name on every line
Payouts reconciled to orders, channel by channel
Product costs checked against what stock really cost
A close pack that lists what’s still open, and who owns it
What changes the price
1
Sales channels, payment providers and currencies
2
Entities, accounting setup and current record condition
3
Availability of product cost and inventory information
4
Catch-up months and the close deadline you need
What this isn’t
–
Historical cleanup, unless quoted separately
–
Tax filings, audit or legal services unless expressly included
–
A replacement for the store, inventory or accounting software
Next engagement
Inventory & cash planning