BookkeepingJAN 22, 202510 min read
Closing the Books Faster, a Standard Operating Procedure
The SOP we use to close client books by day 5 of the following month, every time.
A fast close is not about working harder, it is about running the same checklist every month. Here is ours.
Day 1: reconcile all bank and credit card accounts. Day 2: review AR aging and follow up. Day 3: post accruals and prepaids. Day 4: review the P&L for anomalies with the owner. Day 5: publish reports and archive supporting documents.
The SOP itself matters less than following it consistently. A predictable close builds trust with owners and eliminates end of year chaos.