sub-modules
Financial Close
Close the books without the war room — runs verify in order, signers sign once.
Close week turns finance teams into reconciliation machines: late nights, war rooms, and a published position everyone privately discounts. Financial Close replaces the ritual with dependency-ordered runs that verify as they go — valuation before recognition before consolidation — with signers approving each stage exactly once.
How Financial Close works
Work-order completions, receipts, shipments, and labor events post to the ledger in the same transactions that move operations. At close, runs execute in dependency order — inventory valuation, cost rollup, revenue recognition, consolidation — with each step verified before the next begins.
data Viz
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section: how-it-works
Valuation
Inventory valuation, cost rollups, and accruals verify first with variances against standards flagged. Nothing downstream starts until valuation signs.
Recognition
Revenue recognition, intercompany charges, and allocations post with contract terms cited. Multi-book rules apply per ledger in parallel.
Consolidation
Entities consolidate with currency translation and intercompany elimination. Signers approve each stage; the consolidated position reconciles to operational facts.
Close guarantees
- Ordered execution
- Valuation, rollup, recognition, and consolidation verify in sequence
- Consensus gates
- Signers approve each stage before the next begins
- Untouched sources
- Adjustments compensate with lineage; originals stand permanently
- section
- capabilities
Close by industry
Close discipline bends per industry — same dependency order, different mandate stakes.
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section: industries
Manufacturing
Inventory valuation with standard-to-actual variance, WIP aging, and scrap accounting. Cost rollups complete before recognition starts.
Government and Education
Fund closes with appropriation-to-expenditure reconciliation, grant reporting packs, and carryforward calculations per fund rule.
Financial Services
Multi-entity close with regulatory books, reserve movements, and statutory filings generated from the same ledger that ran the quarter.
Financial Close questions
Section 1
How are prior-period errors corrected?
Through linked compensating entries in the current period, with full lineage to the original entry. Source records are never edited or deleted, so the audit trail stays intact.
Section 2
Does consolidation require a separate system?
No. Multi-entity, multi-currency consolidation with intercompany elimination runs from the same ledger that records daily operations.
Section 3
Our close takes three weeks with an army. What actually shrinks?
The reconciliation labor between systems that disagree. When valuation, costing, and recognition verify during the period instead of after it, close week becomes close review.
data View
section: faqs
content section
value: Close is a governed workflow: every step carries evidence, every adjustment carries authority, and the consolidated position reconciles to operational facts.
Section 6
Parallel multi-book accounting with exact-decimal money
Section 7
Dependency-ordered close with signer consensus
Section 8
Linked compensating reversals, never deleted sources
Section 9
Multi-entity consolidation with intercompany elimination