Month-End Delays Hurt Financial Visibility
Every month-end, are you stuck with chasing unmatched accounts, waiting on late reports, or guessing if your finances are really ok? Month-end close is a process that goes beyond accounting. It is an indispensable check on your business and its financial position. We at Indus Books offer efficient and reliable end-of-the-month closings and month-end financial statements with insights about your business today and its future.
By utilizing our systematic month-end close process, we tie up your accounting loose ends, enable the reconciliation of your important accounts, and provide you with reports that you can trust.
What’s Included in Month-End Close
Account Finalization
We consolidate all bank accounts, credit cards, and payment systems. We record and classify all transactions as part of our month-end process in accounting.
Adjusting Journal Entries
We record accruals, depreciation, payroll changes, and adjustments. All these will make sure that your actual financial situation is captured within the financial month-end close process.
Fixed Asset Review
We also monitor changes in business equipment or fixed assets and make related adjustments at the end of every month.
Loan & Liability Tracking
We make updates on a monthly basis with regard to interest rates, principal payments, and balances. It ensures that liabilities are not unaccounted for in the month-end process.
Sales Tax & Other Deductions
If your business collects sales taxes or has special deductions, we check your balances and generate file-ready reports for month-end accounting.
Financial Reports You Receive
â—Ź Profit & Loss Statement
Check out how much you made, and what you spent, and then see what you have left.
â—Ź Balance Sheet
 Understand your assets, liabilities, and equity.
â—Ź Cash Flow Statement
Be aware of money flowing in and out of your business. It will help you with liquidity and planning.
â—Ź Quarterly Trends
We call out what’s changed from the previous period, so you can focus on revenue shifts, cost spikes, and changes in margins.
Profit & Loss Statement
Check out how much you made, and what you spent, and then see what you have left.
Balance Sheet
 Understand your assets, liabilities, and equity.
Cash Flow Statement
Be aware of money flowing in and out of your business. It will help you with liquidity and planning.
Quarterly Trends
We call out what’s changed from the previous period, so you can focus on revenue shifts, cost spikes, and changes in margins.
Profit & Loss Statement (P&L)
Check out how much you made, and what you spent, and then see what you have left.
Balance Sheet
Understand your assets, liabilities, and equity
Cash Flow Statement
Be aware of money flowing in and out of your business. It will help you with liquidity and planning.
Quarterly Trends
We call out what’s changed from the previous period, so you can focus on revenue shifts, cost spikes, and changes in margins.
Our Process
Close Preparation
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We work with you on missing documents, outstanding transactions, and any unusual activity that requires clarification.
Internal Checks & Balances
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Our bookkeepers have a quality control checklist so that no accounts are missed, and all account entries entered are correct.
Custom Reporting Package
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We will personalize your reports with all of the measures you are interested in: either gross margin numbers, overhead breakdown ratios, or product category data.
Post-Close Review Call
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Need some support with interpreting your numbers? We provide an optional monthly call to discuss your reports and highlights.
01
Close Preparation
We work with you on missing documents, outstanding transactions, and any unusual activity that requires clarification.
02
Internal Checks & Balances
Our bookkeepers have a quality control checklist so that no accounts are missed, and all account entries entered are correct
03
Custom Reporting Package
We will personalize your reports with all of the measures you are interested in: either gross margin numbers, overhead breakdown ratios, or product category data.
04
Post-Close Review Call
Need some support with interpreting your numbers? We provide an optional monthly call to discuss your reports and highlights.
Why Clients Trust Indus Books
Working with us, you’re not getting templated reports. You’re getting a financial close process built for small businesses with the accuracy of a CPA firm and the guidance of a business coach.
Ready to finally make sense of your numbers every month?
