Month end close
The month end close process finalizes all billing and financial data for a period in Recurly RevRec, with automatic and manual options.
Month end close is how you finalize all billing and financial data for a period before moving on to the next billing cycle. Recurly RevRec gives you two ways to run it: an automated process that works through a predefined checklist, or a manual process that puts every reconciliation step in your hands. Pick the path that fits how your team likes to close the books.
Part of Recurly RevRec — learn more
Definition
Month end close is a formal process that finalizes all billing and financial data for a given period. It verifies, reconciles, and summarizes every invoice, credit, journal entry, and related report, so each transaction is accurately accounted for before you transition to the next billing cycle.
Close methods
Choose the approach that matches how much control and automation your team needs.
Automatic month end close
An automated process that runs a predefined checklist of system-defined and custom tasks to process, synchronize, and transfer billing data from Recurly to Revenue Recognition — minimizing manual work and the risk of errors.
Manual month end close
A hands-on process where you review and complete each step to close a billing period, giving you full control over validation and reconciliation. Ideal for teams that need to address discrepancies before finalizing the period.
Updated 14 days ago
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