Accounting Close Calendar

Accounting Close Calendar

Accounting Close Calendar

oboloo’s Glossary

Accounting close calendar is a schedule that outlines the timeline for completing all the tasks necessary in closing out the books of an accounting period. It usually contains specific dates for performing certain activities, such as when data should be pulled for analyses or when financial statements should be issued. The purpose of an accounting close calendar is to ensure that all steps necessary for an accurate and timely accounting period closing are completed on time. By having an established timeline and enumerating each step of the accounting closure process, organizations can streamline their close processes and make sure all relevant documents are prepared quickly and accurately.