Businesses
Month-end close guide
Turn statements and transactions into review-ready books with a repeatable control sequence.
10 minute guide · Published and last reviewed September 3, 2026 · ProTax Editorial TeamUse this step-by-step checklist
- 1
Confirm every bank, card, processor, loan, and payroll account for the period.
- 2
Collect complete statements and resolve missing or duplicated transactions.
- 3
Review uncategorized items, transfers, owner activity, fixed assets, loans, payroll, and sales tax.
- 4
Reconcile accounts, review the P&L and balance sheet, document exceptions, then close the period.
When professional review mattersTax rules depend on facts, entity type, jurisdiction, dates, and current guidance. Use this resource to organize the conversation—not to decide a tax position by itself.