Month-End Close SOP

Close the books within [5] working days with reconciled balances and explained variances.

The full Month-End Close SOP (all 8 steps, 3 controls, records and measures) is one of 36 editable Word SOPs in the SOP Template Kit: $79.

Document no.

FIN-03

Department

Finance

1. Purpose

Close the books within [5] working days with reconciled balances and explained variances.

All entities and ledgers of [Company].

Role	Responsibility
Controller	Owns the close calendar and signs off the close.
Accountants	Complete assigned close tasks and reconciliations.
Budget Holders	Explain variances in their areas.

Step	Who	What to do
1	Controller	Publish the close calendar with task owners and deadlines before the last working day of the month.
2	Accountants	Day 1: cut off AP and AR, post accruals for goods received not invoiced, and prepayments.
3	Accountants	Day 1–2: run payroll, fixed-asset depreciation and FX revaluation.
+ 5 more steps, 3 controls, 4 records and 3 measures in the full SOP.