Resources · Checklist

The twelve-step monthly close.

A close is just a checklist run with discipline. Here's the one to run — yourself or via whoever keeps your books.

1 · Import and categorize all transactions, every account.
2 · Reconcile each bank and card account to its statement — to the dong.
3 · Match payment-gateway and POS payouts to deposits.
4 · Review receivables: send anything unbilled, chase anything overdue.
5 · Enter all supplier bills, even unpaid ones — payables you can't see still exist.
6 · Post payroll, including employer contributions, not just net pay.
7 · Reconcile VAT: output and input tax against issued/received e-invoices.
8 · Update inventory and COGS if you carry stock.
9 · Book accruals, prepayments, and depreciation.
10 · Review the P&L against last month — explain every big swing or fix the booking error it usually is.
11 · Check the balance sheet: every line either reconciles to something real or gets investigated.
12 · Lock the period, file the documents, write a three-line summary of the month.

If steps 10–11 keep surfacing surprises, the problem is upstream in 1–9. A clean close is boring — that's the point.

Prefer it done for you?

This is the work Rio does every month — book a call and hand it off.