month-end-closelisted

# Month-End Close Drive a close to done with a checklist, reconcile every control account, and end with a variance review a reviewer can sign. One artifact comes out: the close pack. ## Inputs needed 1. Trial balance as at month end (and prior month); see `xero-exports` for export and completeness checks 2. Bank reconciliation report(s) per account 3. GL detail for the month 4. Subledger reports: aged receivables, aged payables (as at month end) 5. Fixed asset register, accrual/prepayment schedules from last close 6. Budget or forecast for the month (if variance review is in scope) ## Workflow 1. **Bank.** Every bank account reconciled to statement. Age unreconciled items; anything older than the current month gets named, explained, or cleared. 2. **Control accounts.** Reconcile each to its source, to the cent: - AR control = aged receivables total - AP control = aged payables total - GST account(s) = expected net based on the period's activity - Payroll: wages clearing nils out; PAYG withholding payable and superannuation payable agree to payroll reports; super payable clears within the payday-super window (the fund must RECEIVE the contribution by the end of the 7th business day after each payday, from 1 July 2026; quarterly cycle for earlier periods; verify the current window at ato.gov.au). The test is fund receipt, not the day the payment left the employer or the clearing house, so a remittance date alone does not clear the balance. A super balance aging