Definition Month End Adjustments

glossary: Month End Adjustments definition
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Glossary: Month End Adjustments

Now that you're sure you have the right amount of cash in your system, you're ready to check the rest of the books. How intense you get about this can well depend on what time of year it is - in a mid-year month, like March or July, you might be a little more lax about how closely you check every account, whereas at the end of the year you will want to tie every single account down exactly. Even those accounts you don't check over with a fine-toothed comb should at least be glanced at, to make sure they make basic sense.

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Definition: Month End Adjustments

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