Fintra Feature

A Close Board That Runs the Close for You

A Monday-style board seeded with the 15 tasks a real SMB close needs, each with an owner and due date - so closing the books is a tracked process, not a memory test.

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Fintra · Close Board - June
TASKS DONE
11 of 15
June close
DAYS TO CLOSE
4
target: 5 days
BLOCKED
1
awaiting bank feed
Bank reconciliation - operating accountDone
Fixed asset depreciation postedDone
Accrue unbilled APIn progress
Revenue recognition reviewNot started

Illustrative product view

What the Close Board in Fintra does

Most SMB closes live in someone’s head, or in a checklist that gets stale after the second month. The Close Board is a Monday-pattern task board - columns, owners, due dates - seeded with 15 close tasks that cover a typical SMB close: reconciliations, accruals, depreciation, revenue recognition review, and reporting. You customize it once, then run it every month.

  • A 15-task SMB close checklist seeded automatically, ready to customize
  • Owners and due dates per task, visible to the whole finance team
  • Task dependencies so accruals don’t get marked done before reconciliation
  • A live view of how close you are to closing the books, not a guess

Core capabilities

CapabilityWhat it doesWhat it replaces
Seeded task listStarts with 15 standard SMB close tasks pre-builtA close checklist rebuilt from memory each cycle
Board viewShows tasks in Monday-style columns by statusA shared spreadsheet with status typed in manually
Owners & due datesAssigns each task a person and a deadlineTasks with no clear owner until someone asks
DependenciesBlocks downstream tasks until prerequisites are doneAccruals booked before the bank is reconciled
Close readiness linkFeeds directly into the close readiness scoreA separate manual assessment of "are we ready"
What the Close Board covers

How it works

From open period to closed books

  1. 1

    Start with the seed

    The board arrives with 15 standard close tasks; add, remove, or reorder to match your process.

  2. 2

    Assign owners

    Give each task a named owner and a due date relative to period close.

  3. 3

    Work the board

    Owners move tasks through status as reconciliations, accruals, and reviews get done.

  4. 4

    Watch dependencies

    Tasks that depend on others stay blocked until the prerequisite is marked complete.

  5. 5

    Close and archive

    When every task is done, the period closes and the board resets fresh for next month.

A worked example

Frequently asked questions

What are the 15 tasks in the seeded close checklist?

The seed covers the standard SMB close: bank reconciliation per account, fixed asset depreciation, accrual entries, revenue recognition review, AP/AR aging review, intercompany elimination if relevant, and final reporting steps. You can rename, add, or remove tasks to match your own close process from there.

Can different people own different close tasks?

Yes. Every task on the Close Board has a named owner and due date, so a bookkeeper, controller, and CFO can each see exactly what they own for the current close without a status meeting to find out.

How does the Close Board relate to close readiness?

The Close Board is the task-level view; close readiness is the score. As tasks complete, the readiness score updates, giving you a single number for "are we ready to close" instead of scanning the whole board to decide.

Can I customize the close checklist for our business?

Yes. The 15-task seed is a starting point, not a fixed process - add tasks specific to your business (like sales tax filing or job costing review), remove ones that don’t apply, and set dependencies that match how your team actually works.

Stay in the loop

One practical finance briefing a week - new guides, checklists, and benchmarks.

 

Never close from memory again

Start free, no card required. Get a 15-task close checklist seeded and ready to run this month.

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