Close
Close is the outcome-compiled financial close. You define the accounts, the period, and the contract; Close pulls the data, runs accruals + reconciliations + tax computations, and signs a Capability Passport when every gate passes.
Note
Included in: Pro, Team, Enterprise.
What Close does
- Sub-ledgers — GL + AR + AP + payroll + inventory + fixed assets, with full double-entry posting.
- Period accruals — revenue recognition (ASC 606 / IFRS 15), lease (ASC 842 / IFRS 16), and prepaid amortization handled declaratively.
- Reconciliations — bank, intercompany, and supplier statements with explainable variance rules.
- Multi-GAAP — IFRS and US GAAP rule packs ship; localize as needed.