Accounting Month End Close is the process of gathering, processing and reporting financial data for a particular period. It is the final accounting stage before financial reporting is due and allows the business to capture any revenue that is earned at the end of each month. The accounting month end close process includes such tasks as recording monthly activity, reconciling accounts, analyzing discrepancies, preparing journal entries, summarizing financial information and creating reports. While it can be time consuming, the month end close provides financial visibility needed to make decisions in order to ensure continued success of the organization.