Tool
AR close checklist
A practical verification list for AR teams that want to close each period with fewer pending items and better traceability.
Before close
Prepare the data and configurations needed to run closing workflows.
- •Export updated open invoice ledger from ERP
- •Export bank statements for the period
- •Export PSP settlement reports if applicable
- •Verify matching rules are up to date
- •Confirm tolerances for the period
During close
Run matching, reconciliation, and allocation workflows and resolve exceptions.
- •Upload files and run cash allocation
- •Review exceptions: unmatched payments, out-of-tolerance differences
- •Resolve or document each exception
- •Run reconciliation if applicable
- •Review and document reconciliation differences
After close
Document results and prepare for the next period.
- •Export allocation results for ERP posting
- •Export reconciliation report
- •Document exceptions deferred to next period
- •Review if any matching rules need adjustment
- •Archive run evidence for audit
