Close and reconciliations
The period closes only when every control account reconciles to its source or the difference is owned
Bank, receivables (MG-04), payables, grants (MG-02), payments (MG-03), assets (the register) and programs (MG-13) are reconciled by the agent each period. The close runs the postings, the match, depreciation, the reconciliations and the commitment tracking, and records how long it took.
Periods
| Period | Status | Started | Closed | Days to close | Checklist |
|---|---|---|---|---|---|
| 2026-08 | CLOSED | 25/08/2026 | 28/08/2026 | 3.2 | ✓ Postings from the services✓ Invoices matched✓ Manual journals approved✓ Depreciation run✓ Reconciliations balanced or owned✓ Commitments tracked |
Reconciliations
Ledger vs source, with reconciling items
- Not reconciled yet.