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Ideally, how soon should a company close its books? ( e.g. 3 working days after the last day of the month)

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Question added by Deleted user
Date Posted: 2015/12/15
Fahad Munawar Munawar Hussain
by Fahad Munawar Munawar Hussain , Accounts Adjustable Clerk , Al Faydhan Scaffolding LLC.

it will be closed every month end.  For accuracy & correction, accrued expenses will be transferred to next month. Closing balance of all ledger will be transferred. Stock taking will be held with month wise closing. Cash & Bank balance will be accurate. 

Mahmoud Abdullah
by Mahmoud Abdullah , Accountant , شركة اسمنت ينبع

WILL BE CLOSE IN THE END OF MONTH AND THIS3 DAYS AS ADVANCE OR ACCRUED FOR NEXT PERIOD

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