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Month-end closing shouldn’t feel like a high-stress scramble. Unreconciled accounts, delayed financial statements, and last-minute adjustments drain your team's bandwidth and obscure real-time business visibility.
At OBG Outsourcing Private Limited, we deliver end-to-end Month-End Closing Support that turns your close cycle into a streamlined, reliable, and predictable process.
What We Cover
We handle the heavy lifting across every phase of the close cycle, ensuring your ledger is accurate, compliant, and ready for decision-makers:
| Focus Area | Key Deliverables & Activities |
|---|---|
| Account Reconciliations | Complete bank, credit card, intercompany, and loan reconciliations to eliminate discrepancies early. |
| Prepayments & Accruals | Precise calculation and posting of accrued expenses, deferred revenue, and prepaid expense amortization. |
| Asset & Liability Management | Fixed asset schedule management, depreciation posting, and inventory balance verification. |
| Sub-ledger Balancing | Matching Accounts Receivable (AR) and Accounts Payable (AP) sub-ledgers with the General Ledger (GL). |
| Financial Reporting | Preparation of trial balances, Profit & Loss (P&L) statements, balance sheets, and cash flow analysis. |
Our Step-by-Step Closing Process
1.1. Pre-Close Review & Data Cut-Off:Days -2 to 0.
Establish strict transaction cut-offs for AP, AR, and payroll to freeze period-specific entries and prevent post-period leakage.
2.2. Ledger Adjustments & Reconciliations:Days 1 to 3.
Reconcile all balance sheet accounts, record journal entries for accruals/prepayments, and align sub-ledgers.
3.3. Variance & Compliance Checks:Days 4 to 5.
Conduct preliminary trial balance reviews and month-over-month variance analysis to spot and resolve anomalies.
4.4. Final Statements & Lock:Days 5 to 7.
Publish final financial reporting packages, lock the accounting period, and conduct a brief retro to optimize next month's workflow.
Why Partner with OBG Outsourcing?
Speed Up Your Close Cycle: Reduce your average close timeline by 30–50% so leadership receives actionable data faster.
Audit-Ready Precision: Every journal entry and reconciliation comes supported by clear workpapers and documentation.
Flexible Integration: We adapt seamlessly to your accounting tools (e.g., QuickBooks, Xero, NetSuite, SAP, or Sage).
Cost Efficiency: Scale your accounting power up during peak period-end days without expanding permanent headcount.
The OBG Advantage: We don't just post entries — we establish repeatable closing checklists and quality control gates that make every future quarter and year-end audit smooth and painless.
Software We Use
