> ## Documentation Index
> Fetch the complete documentation index at: https://docs.recurso.dev/llms.txt
> Use this file to discover all available pages before exploring further.

# Run your monthly close

> Reconcile, review the ledger, recognize revenue, prove the trial balance, and check aging at period end

## How the close works

Closing a month in Recurso is a sequence of read-and-verify steps across the
**Finance reports** and **Ledger & audit** sections. Nothing here mutates your
books — the ledger posts automatically as invoices and payments settle — so the
close is about *confirming* everything agrees, recognizing the period's revenue,
and exporting what your accountant needs.

<Info>
  Do these in order. Reconciliation first tells you whether the books even agree;
  there's no point recognizing revenue on top of an unbalanced ledger.
</Info>

## Steps

<Steps>
  <Step title="Reconcile">
    Open **Finance reports → Reconciliation** and click **Run again**. It checks
    that billing records, the Postgres ledger, and TigerBeetle (when enabled)
    all agree. The goal is **Books balanced** — *"Every invoice and payment
    agrees with the ledger."* If discrepancies are listed (missing/mismatched
    transactions, orphaned entries), resolve them and re-run before continuing.
  </Step>

  <Step title="Prove the trial balance">
    Open **Finance reports → Trial Balance**. The banner should read **Books
    balance — total debits equal total credits, and every account carries its
    expected sign**. Scan the accounts table for any **abnormal** (wrong-sign)
    balances. Use **Export GL (CSV)** to hand the general ledger to your
    accountant.
  </Step>

  <Step title="Spot-check the ledger">
    Open **Ledger & audit → Ledger** to drill into any account that looked off.
    Pick an account (each customer has its own Accounts Receivable sub-account)
    to see its current balance and its double-entry transactions — debit account,
    credit account, amount, and code — for the period.
  </Step>

  <Step title="Recognize revenue">
    Open **Finance reports → Revenue Recognition** and select the **month** and
    **year** you're closing. Review **Recognized in \<month>** (earned revenue
    booked this period) and the **Deferred balance** still to recognize, plus the
    **Release schedule** showing when the remaining deferred revenue recognizes.
    Multi-currency deferrals are broken out in **Deferred by currency**.
  </Step>

  <Step title="Review receivables aging">
    Open **Finance reports → Invoice Aging** to see outstanding receivables
    bucketed by how far past due they are (Current, 1–30, 31–60, 61–90, 90+).
    The stat cards summarize **Total outstanding**, **Overdue**, and **Current** —
    use this to flag collections follow-ups before you sign off.
  </Step>
</Steps>

<Warning>
  If Reconciliation or Trial Balance reports an imbalance, treat it as a
  stop-the-line event — investigate the flagged transactions before closing. An
  out-of-balance ledger means a downstream posting is missing.
</Warning>

## Related

* [Finance reports](/dashboard/finance-reports) — reconciliation, trial balance,
  revenue recognition, and aging.
* [Ledger & audit](/dashboard/ledger-audit) — the double-entry ledger and audit
  log.
* [Refund a customer](/dashboard/workflows/refund-customer) — refunds post ledger
  legs you'll see in these reports.