Close Cycle Time
Compare target and confirmed close dates by entity, with period-by-period trends.
Review journals and variance
Resolve entry reviews and explain required balance movements.
4 stages · 2 approvals
Roles and responsibilities
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Step 2Decide the assigned journal review
Review NumberClose PeriodJEReferenceJEDate
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Step 3Prepare the movement explanation
Flux NumberClose PeriodAccountAccount Name
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Step 4Approve the current explanation
Flux NumberClose PeriodAccountCurrent Month
Process steps
Follow the process from start to finish. Select a step to see who acts and what changes.
Assign the journal review
Capture the ledger-owned JE revision, amount, entity and currency with the effective threshold policy. Amounts above L2 go to Controller / CFO; L1 and lower always-review entries go to Senior Accountant. Exclude the source preparer from the eligible reviewer pool. A role being able to see an entry never authorizes review of its own preparation.
Approval required
Decide the assigned journal review
The assigned authorized reviewer inspects the actual posted entry and supporting evidence. Approve the captured revision or reject with a reason and issue. A rejected entry must have a verified reversal or independently reviewed replacement before its close obligation is resolved. A new reference or Reposted flag alone cannot prove that accounting correction took place.
Prepare the movement explanation
Senior Accountant compares complete compatible current and prior period snapshots. Keep the currency, source cutoffs and effective absolute and percentage thresholds with FluxAnalyses. Zero prior balance leaves percentage undefined. Explain the material movement with relevant drill-through entries, retaining the same source basis as the figures the controller will review.
Approval required
Approve the current explanation
Controller / CFO independently reviews the required explanation and approves its exact revision. A blank, rejected, unapproved or stale explanation remains outstanding. If a later ledger entry changes the comparison, invalidate the affected approval and rebuild the close manifest. The underlying journal and the financial close each retain their own accounting and review identities.
Approvals and exception handling
2 approvals required in this process
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Decide the assigned journal review
Senior Accountant signs for the assigned decision · prepare the movement explanation waits
JournalEntryReviews, IssuesLog -
Approve the current explanation
Controller / CFO signs for the assigned decision · closes the process
FluxAnalyses, ClosePeriods - Preserve the entityLedger-period key and exact evidence revision through every handoff. Reject stale or cross-scope requests at the action boundary, including direct API calls.
- A human decision belongs to the assigned authenticated person. An agent can prepare permitted work but cannot impersonate a signer or satisfy independent review through a role label.
- Retain rejected work, comments and earlier evidenceCorrections have their own revision and renewed decisions; they cannot erase the basis of an earlier approved close.
- Retry requestsStable identities and verify uncertain connector outcomes before continuing. The owning ledger confirms actual posting, reversal, lock and reopening results.
- Before releaseExercise the normal route, a returned submission, an unauthorized actor and a changed source revision. Reconcile the resulting evidence and confirm the unresolved item remains visible to the close manager.
When the process needs attention
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reject
Decide the assigned journal review
Approve the captured revision or reject with a reason and issue.
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reject
Approve the current explanation
A blank, rejected, unapproved or stale explanation remains outstanding.
Records and postings
| Stage | Records | Effect |
|---|---|---|
| 1 Assign the journal review | JournalEntryReviewsJEReviewThresholds | Route the source entry |
| 2 Decide the assigned journal review | JournalEntryReviewsIssuesLog | Record the journal decision |
| 3 Prepare the movement explanation | FluxAnalysesFluxAnalysisLines | Submit the required explanation |
| 4 Approve the current explanation | FluxAnalysesClosePeriods | Approve the evidence-backed explanation |
Process reports
All reportsJE Review Audit Log
Trace each source entry revision through its assigned reviewer, decision and verified correction or reversal.
Flux Analysis Pack
Read account movements and approved explanations against retained source snapshots, with supporting journal detail.
Open Issues by Severity
Find unresolved close issues by severity, source, owner and age, with their actual blocking impact.
Run by an agent
Agent support
An agent cannot impersonate a preparer or reviewer, invent evidence, give management representations, bypass segregation rules or declare a ledger locked from an unconfirmed request. Required human decisions remain with their assigned identities. Accounting and the actual connector response determine posting, reversal and period-state outcomes.
# Example after configuration
$ curl -fsSL https://www.erp.ai/skill.md | paste into your agent
› review journals and variance · assign the journal review on JournalEntryReviews, JEReviewThresholds
✓ Capture the ledger-owned JE revision, amount, entity and currency with the effective threshold policy.
› review journals and variance · decide the assigned journal review on JournalEntryReviews, IssuesLog
⏸ approval for the assigned decision · waiting for the senior accountant
# 2 more stages after approval: prepare the movement explanation, approve the current explanation
Other processes
4 moreLaunch and run the close
Turn the close calendar into assigned, independently reviewed work.
5 stages · 1 approval
Prepare and certify reconciliations
Take a sourced balance comparison through independent certification.
4 stages · 2 approvals
Test controls and resolve findings
Collect test evidence and document the actual disposition of findings.
4 stages · 2 approvals
Sign off, lock and reopen
Approve a stable close basis and verify the ledger outcome.
6 stages · 3 approvals