End of Month Process and Automation

by Nicole Accounting Claim Listing

This course includes 8 very practical month end and year end models to help simplify the tedious month end and year end process. The course mainly uses EXCEL, and also introduces BI to automate month-end settlement.

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img Duration

8+ Hours

Course Details

This course includes 8 very practical month end and year end models to help simplify the tedious month end and year end process. The course mainly uses EXCEL, and also introduces BI to automate month-end settlement.

The course mainly teaches a way of thinking and the ability to independently build automated models to help students model their own models to simplify and shorten the month-end settlement no matter what kind of Month end they encounter. 

8 very practical models help everyone get started quickly and apply them to work and interviews, letting employers know that you have ideas and the ability to improve efficiency and complete month-end and year-end settlements faster and more accurately.

 

End of Month Process and Automation:

This course will guide you through simplifying and automating the whole end of month process by utilizing the concept of financial modeling based on Excel and BI tool. It consists of 8 case study from real commercial world. 

By the end of this course, you will have a solid understanding of end of month procedure and be able to create your own financial models to simply end of month process. Students will benefit from the case study where it can be implemented at work straightaway or become your competitive advantage during interview process.

 

Course Outline:

  • Overview of End of Month Process
  • Monthly Timetable for Accountants
  • End of Month Process and Checklist
  • Simplifying and Automating End of Month Process
  • Robotic Process Automation (RPA)
  • Financial Statement Presentation Automation
  • End of Month Financial Reports
  • Case Study 1: Prepare automated financial reports
  • Case Study 2: Prepare automated variance analysis
  • Payroll End of Month Reconciliation Automation
  • End of Month AL and LSL reconciliation Procedure
  • Case Study 3: Long Service Leave liability Reconciliation
  • Payroll Journal Automation
  • End of Month Accrual Journal Automation
  • End of Month Accrual process
  • Result Review Procedure
  • Case Study 4: Automate result review process and journals
  • Balance Sheet Reconciliation Automation
  • End of Month BS recs Process
  • General Ledger Reconciliation Models
  • Case Study 5: Fixed Asset and Depreciation Reconciliation Model
  • Other Month End Automation Case Study
  • Case Study 6: Revenue and Cash Reconciliation
  • Case Study 7: General Ledger and Project Reconciliation
  • Case Study 8: Intercompany transaction Reconciliation
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