NetClose - Example Close Task List

Overview

Netgain provides a sample monthly close checklist to help you get started. This checklist is intended as a reference point only. Because close procedures vary by organization, teams should tailor the checklist to align with their specific structure, systems, and controls.

How to Use the Sample Close Checklist

Use the sample checklist as a starting framework to identify common close activities and organize them into a repeatable process. From there, you can adjust task ownership, sequencing, and timing to reflect how your team performs the close.

When adapting the checklist, consider:

• Which teams or roles own each task
• The order in which tasks must be completed
• Tasks that require review or approval before proceeding
• Activities that may vary by close period (monthly, quarterly, year‑end)

Common Goals of a Close Task List

Regardless of structure, an effective close checklist should help ensure the following outcomes:

• All relevant transactions have been recorded
• Required adjustments are calculated and posted (such as accruals, allocations, or reclassifications)
• Subledgers are reconciled to the general ledger
• Financial results are reviewed and investigated for unusual or unexpected activity
• Close progress and completion can be clearly tracked

Using Close Tasks in NetClose

Once your checklist reflects your process, it can be uploaded into NetClose to support visibility, accountability, and progress tracking throughout the close. Tasks can be assigned to owners, monitored for completion, and reviewed as part of a controlled close workflow.

To learn how to upload your completed close task list into NetClose, see this article.