Project template
A year-end close plan that runs the accounting cycle from cutoff and reconciliations through accruals, subledger ties, audit preparation, and the board reporting pack.
Overview
A clean year-end close is a sequence of controls. A plan keeps the accounts payable and receivable cutoff, reconciliations, accruals, and subledger ties in the right order so the numbers are trustworthy and audit-ready.
This template is the built-in Year-End Close starter project in Atlas. It ships with the milestones a finance team runs and a RAID log seeded with the risks that most often delay a close, such as late vendor invoices and mismatched intercompany balances.
Because it is a live Atlas project, the auditor request list and the board reporting pack sit alongside the reconciliation work, so the close is coordinated in one place.
What is included
Milestones for the accounts payable and receivable cutoff and completed bank reconciliations.
Steps to book accruals and deferrals and tie subledgers to the general ledger.
A milestone to review the trial balance before reporting.
Milestones to deliver the auditor request list and issue the board reporting pack.
Risks such as late vendor invoices and mismatched intercompany balances, ready to adapt.
How to use it
Create a new project at /projects and apply the Year-End Close starter template.
Complete the cutoff and reconciliation milestones so the ledgers are firm.
Work the accruals and subledger-tie milestones, then review the trial balance.
Deliver the auditor request list and issue the board reporting pack under the final milestones.
FAQ
Ready when you are
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