A reliable month-end close comes down to a repeatable checklist and the right supporting schedules. Here’s the full sequence — from Day 1 through final signoff — with specific focus on the technical areas that trip up growing finance teams.
A step-by-step guide to building a fixed asset depreciation schedule in Excel. Covers three depreciation methods with formulas, worked examples, journal entries, and the register structure you need for audit-ready reporting. Includes a link to a pre-built audit-ready workbook.
A practical walkthrough of journal entries for every type of fixed asset disposal. Covers the generic disposal pattern, then steps through sale, retirement, trade-in (with the ASC 845 commercial-substance test), write-off, and casualty loss — each with a worked example and the JE that ties out. Plus the authorization and evidence anchors auditors require.