# Close: Month-end close, tracked to the last task.

Tracks every closing task, chases owners and drafts the explanation for variances against budget.

Page: https://falnoa.com/en/agents/close

- Closing checklist
- Owner reminders
- Variance commentary

## How it works

- **Opened.** At the start of the close, it creates the list of tasks with an owner and a date for each.
- **Followed.** It tracks each task and reminds the owner before it is late.
- **Explained.** It compares actuals with budget and drafts the explanation for the large differences.
- **Reviewed.** The finance lead sees what is done, what is late and the draft commentary, then signs off.

## Where a person decides

The finance lead decides what is written in the final commentary and signs off the close.

## Works with

- **Accounting software.** Balances and the budget to compare against.
- **Spreadsheets.** The reconciliations your team already keeps.
- **Email and Teams.** Reminders to the task owners.
- **Close calendar.** The tasks and dates for each period.