How we close your books each month.

Here’s what happens each month, from your bank and card activity to financials you can use.

How a month closes

Customer paymentRevenue

Payroll transferPayroll

Vendor paymentOperating expenses

Software subscriptionSoftware

✓Transactions categorized

✓Receipts and invoices matched

✓Accounts reconciled

Monthly financials

Profit and lossIn progressReady

Balance sheetIn progressReady

Vendor expenses rose this monthFlagged for review

Customer paymentRevenue

Payroll transferPayroll

Vendor paymentOperating expenses

✓Categorized

✓Matched

✓Reconciled

Monthly financials

Profit and lossIn progressReady

Balance sheetIn progressReady

Vendor expenses rose this monthFlagged for review

01
CategorizeEvery bank and card transaction coded to the right account.
02
MatchDeposits and charges matched to sales and payout reports, bills, receipts and payroll.
03
ReconcileAccounts tied to bank and card statements; anything that doesn’t match is flagged, not forced.
04
Review and deliverProfit and loss, balance sheet, and notes on what changed.

You run the business. We run the numbers.

Tell us how your books work today. We’ll see what can be simpler, what it should cost, and whether Rackham is a fit.