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Month End Close Process

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Published on 2022-12-08
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The flowchart shown in the image focuses on the steps of month-end closing and month-end updating management of monetary funds. Instead of keeping a general approach, it focuses on two separate personnel and lists their responsibilities. On the right, the top colored box focuses on the event that the person needs to focus on. Right below that, it lists separate duties of the finance manager and general ledger accountant that they need to follow. This chart helps to distribute the work burden and sort it all out efficiently. Besides that, its color schemes and linking shapes enhance its looks and make it easy to comprehend.
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Month End Close Process
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