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Monthly Bookkeeping Close Automation

Close your books every month in hours instead of days — automated reconciliation, journal entries, and reporting.

20 hrs/month
Time Saved
6–10 hours
To Implement
Advanced
Difficulty
📖 Overview

What is this automation?

Month-end close is the single most painful recurring event for most finance teams — a week of late nights chasing missing receipts, fixing miscategorised expenses, and rebuilding reports by hand. This automation reduces close from days to hours.

⚠️

The Problem

Your bookkeeper spends the first week of every month catching up on the previous month — reconciling bank feeds, chasing receipts from operators, and rebuilding the same three reports over and over. Half the close is administrative cleanup, not actual accounting.

The Solution

An end-to-end workflow that pre-reconciles transactions nightly, auto-collects receipts via OCR, generates standard journal entries from a templated rules engine, and produces the closing report pack on the first business day of the new month.

🔀 Workflow

Step-by-step workflow

1

Nightly Pre-Reconciliation

Match bank transactions to Xero invoices and bills every night.

2

Receipt Capture

Inbox-monitored OCR extracts receipts from staff email and uploads to Xero.

3

Recurring Journal Templates

Apply standard month-end journals from a templated rules engine.

4

Exception Queue

Anything below 95% confidence is routed to the bookkeeper in Slack.

5

Reporting Pack

Auto-generate P&L, balance sheet, and cash flow on month-end +1.

6

Variance Commentary

AI drafts variance commentary against budget for the CFO to review.

Tools used

Xeron8nOpenAISlackGoogle Sheets
📊 Results

What you can expect

From 7 days to <2 days
Close Cycle Time
-85%
Manual Reconciliation Hours
From 70% to 99%
Receipt Capture Rate
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Want this automation built for you?

We'll set up the entire workflow — integrated with your tools, tested, and ready to go. Typical turnaround: 2–5 business days.