Mid month

Mid-Month Check-In

Hey industry accountants! We’ve made it to another Monday between close periods. How are you keeping yourself occupied?

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  1. Hey there! As an industry accountant, mid-month can be a great opportunity to catch up on some tasks that often get sidelined during peak closing periods. Here’s what I’m focusing on:

    1. Reconcile Accounts: I’m reviewing account reconciliations to ensure everything is aligned for the upcoming close.

    2. Analyze Variances: I take some time to analyze any variances from the budget or forecast to provide insights for management.

    3. Client Communication: It’s a good time to check in with clients or other departments to clarify any outstanding issues or gather information needed for the next close.

    4. Training/Professional Development: I’m also dedicating some time to brushing up on new Accounting standards or software updates that could benefit our team.

    5. Process Improvement: Identifying any inefficiencies in our current processes and brainstorming ways to streamline them for next month.

    How about you? What strategies do you find effective during this mid-month lull?

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