Books closed, numbers you can read
Month-end close and reporting
Finbryn runs a monthly close for US businesses that ties every account to source records, then turns the result into a profit and loss, balance sheet, KPI dashboard or board pack you can act on. The work happens inside QuickBooks Online, Xero, NetSuite or Sage Intacct, and is reviewed by a senior principal before it reaches you.
Management report
Illustrative client · August 2026
USD
| Line | Aug | Jul | |
|---|---|---|---|
| Revenue | 142,380 | 131,904 | +10,476 |
| Cost of sales | (51,260) | (48,115) | (3,145) |
| Gross profit | 91,120 | 83,789 | +7,331 |
| Payroll | (46,300) | (45,900) | (400) |
| SoftwareNoted | (6,480) | (5,490) | (990) |
| Rent | (8,000) | (8,000) | 0 |
| Other operating | (9,215) | (9,870) | +655 |
| Net income | 21,125 | 14,529 | +6,596 |
Reviewer's note
Software is up on last month after two seats were added mid-month. Revenue includes one milestone invoice that will not repeat next month.
Illustrative. An example of the document, not a client's figures.
What month-end close and reporting covers
A close is the monthly discipline that makes every other number trustworthy: your tax return, your loan application, the figure you tell an investor. We reconcile every bank, card and loan account to its statement, book the accruals and prepaid entries that belong to the period, update fixed asset and depreciation schedules, and review the trial balance line by line before the month is marked final.
From that closed set of books we build whatever a US business actually needs to run itself: a management report with a plain-English narrative, a KPI dashboard tracking the five or six numbers that matter, a board pack timed to your meeting schedule, or a budget-versus-actual comparison that explains the gap instead of just showing it.
Built for US GAAP, and for the frameworks around it
Many small companies run cash basis because it is simpler. Others need accrual books under US GAAP because a lender, a state regulator or an investor requires it. We convert between the two, apply ASC 606 revenue recognition and ASC 842 lease accounting where they apply, and consolidate multiple entities when a business has more than one.
Reviewed before it reaches you
Northlane Solutions Inc. is the US company you contract with, and every file goes through a senior principal review before it reaches you.
Starting point matters
If your books are not yet reconciled month to month, start with monthly bookkeeping or a catch-up first, then move into a structured month-end close. Once the close is stable, add management reports or a KPI dashboard on top of it. The pricing page shows how each layer is priced.
All services
Month-end close and reporting: every service
- Month-end closeA repeatable monthly close that ties every account back to source records and hands you a finished set of financials on a predictable date each month.
- Management reportsMonthly profit and loss, balance sheet and cash flow packaged with a plain-English narrative so the numbers explain themselves before anyone has to ask a question.
- KPI dashboardsA small set of metrics that actually run the business, tracked month over month in one place instead of scattered across spreadsheets.
- Board packsA board-ready package built from the same numbers as your monthly close, delivered on a schedule that leaves you time to read it before the meeting.
- Budget vs. actualActual results lined up against the budget every month, with the gap explained in plain language rather than left for you to work out on your own.
- Variance analysisA closer look at why a number moved: price, volume, timing or a one-off, so a variance on a report turns into an answer instead of a question.
- ConsolidationsMultiple entities, locations or subsidiaries combined into one consolidated set of financials, with intercompany balances eliminated while each entity still reports on its own.
- US GAAP conversionBooks moved from cash basis or another framework onto US GAAP accrual accounting, with every adjustment documented so a lender, investor or auditor can follow the trail.
- IFRS conversionBooks converted between US GAAP and IFRS, or built directly on IFRS, for businesses reporting to an overseas parent, investor or standard-setter outside the United States.
- Revenue recognition (ASC 606 / IFRS 15)Revenue recorded when it is actually earned rather than when cash lands, following the five-step model shared by ASC 606 and IFRS 15, so recurring and multi-part contracts are accounted for correctly.
- Lease accounting (ASC 842 / IFRS 16)Operating and finance leases brought onto the balance sheet as a right-of-use asset and a lease liability, in line with ASC 842 and IFRS 16, with monthly amortization tracked going forward.
- Deferred revenueCash collected before it is earned tracked separately from revenue and released to the profit and loss on the schedule that matches when the work is actually delivered.
- Prepaid schedulesInsurance, software subscriptions and other costs paid up front spread across the months they actually cover, instead of hitting one month's profit and loss all at once.
- AccrualsExpenses and revenue recorded in the period they actually happen, even when the invoice or cash has not moved yet, so the month's numbers reflect that month's activity.
- Cash flow statementsA statement of cash flows built from your actual accrual books, showing where cash came from and went across operating, investing and financing activity.
Questions
Frequently asked questions: Month-end close and reporting
How is month-end close different from bookkeeping?
Bookkeeping keeps the transaction record current. A close takes that record, reconciles it, books the accruals and adjustments the month needs, and locks a finished set of financials for the period.
Can you close our books faster than once a month?
The close cadence is monthly by default. A faster cadence, such as a weekly flash close, can be scoped once the monthly close is stable.
Who reviews the numbers before I see them?
Every file goes through a senior principal review before it reaches you, on top of the reconciliation and checklist steps built into the close itself.
Do you replace our CFO or just support them?
Many US businesses keep their own CFO or fractional CFO and use us for the close, the reporting and the schedules underneath it. We can also build reports that plug straight into a board or investor process where there is no in-house finance lead yet.
What software do you use for month-end close and reporting?
Close and reconciliation work runs inside your existing general ledger, whether QuickBooks Online, Xero, NetSuite or Sage Intacct, and management reports and dashboards are built in Google Sheets, Excel or Fathom depending on what your leadership team already reads.
What happens if the person handling our close changes?
A named pod is responsible for the close, and any change to that pod comes with a recorded handover memo covering the last close date, open reconciling items and any judgment calls made on accruals, so the next close does not restart from zero.
How is month-end close and reporting priced?
Pricing is based on entity count, transaction volume and how many reporting deliverables you need beyond the core close, such as board packs or consolidations, and is published on our pricing page rather than negotiated case by case.
Who has access to our management reports once they are built?
Reports are delivered to the people you designate, whether that is you alone, a finance team or your board, and access to the underlying general ledger is limited to the pod working on your account and removed if the engagement ends.
Next step
Talk to the team that would run your books
A short call covers your setup, your software and what a first month would look like. You get a written scope and price after it.