A monthly close checklist is an important tool for any business owner. Its purpose is to ensure that all tasks necessary for the completion of a successful month’s financial statements have been performed with accuracy and precision. The checklist typically includes reviewing bank statements, reconciling accounts, entering data into the general ledger and other accounting documents, as well as closing off journal entries and finalizing reports. By reviewing each item on the checklist and confirming that it has been completed properly, you can rest assured that your company’s monthly close process is complete and accurate.