Close in days. Not weeks.

Opening a period lays out the standard close, seeded once, so coming back to the month never duplicates the work.

Press run and the automated items go in dependency order: schedules first, because everything downstream depends on them, each leaving a note explaining what it did. Depreciation posts. Accruals and prepaids advance and count down their remaining periods. Entries get reviewed.

When a client has no bank accounts, bank reconciliation is marked not applicable rather than done, a small distinction that matters enormously to whoever reviews this close six months from now.

Flux runs off the posted ledger, this period against the prior one, or against budget, and ranks the accounts by how far they moved.

Open one and the entries behind it are listed with vendor, date, amount and entry number, so “why is contractors up” is a click rather than an afternoon in the general ledger. Import batch noise is deliberately suppressed, so what you see is the transaction, not the file it arrived in.

Commentary is generated on request and labelled with its source. When the underlying numbers change, the explanation is marked stale, because commentary you cannot attribute is commentary you have to check again anyway.

Every account opens into the lines that touched it, grouped by counterparty and month. Every entry opens into where it came from: the invoice, the revenue plan, the credit memo, the schedule that generated it, the project it was tagged to.

Cash flow lines carry their contributing entries with them, so an indirect statement can be taken apart rather than taken on trust. Which is the difference between answering an auditor in an afternoon and answering them in a fortnight.

Trial balance, balance sheet, cash flow both indirect and direct, GL detail with running balances, A/R and A/P aging, P&L comparison, transaction register, and audit support schedules for prepaids, fixed assets, accruals, deferred revenue and leases.