Get every month done and matched to your bank
How a month gets closed, what the automatic close on the 1st does for you, and how to change a month that is already done.
- Close a monthThe Close page walks four checks: Book, Reconcile, Adjust and Report. When every check passes, press Lock and the month's numbers stop changing.
- How the automatic close on the 1st worksAt 12:05 AM on the 1st, in your company's timezone, the Bookkeeper runs last month's close and hands you one batch. Approve it and the month is closed.
- Match an account to its bank statementOn the Close page, open an account under Reconcile, upload the statement or type its ending balance, add anything missing, and press Reconcile.
- Change something in a closed monthA closed month is locked. An owner or controller reopens it with a reason, which is logged; make the change and lock the month again.
- Set when the close is due and who gets the reportIn Settings › Close, choose whether you lock each month or Accountable locks it automatically, the day the close is due, and who gets the month-end report.
- Send the month-end reportEach closed month gets a report page. Edit it, send it by email, or create a read-only link for your CPA or investors.
Still stuck? Ask Melinda.
Melinda is Accountable's AI support. She answers in minutes, in the app or by email at support@accountable.im, and hands anything she can't answer to a person, who replies within 1 business hour.
Email Melinda