The Month-End Process Checklist is the official business definition of an organized system to quickly review, reconcile, and summarize a business’s financial performance each month. By systematically going through this checklist with its detailed steps, the task of reconciling accounts, posting adjusting journal entries, monitoring fixed assets and depreciation, and completing other tasks required at the end of the month becomes easier. This comprehensive list has made it possible for businesses to streamline their month-end closing process, save time on reconciliation and analysis, and ensure accuracy in reporting quarterly and yearly performance.