What Vanward calculates
Possible cutoff accruals, uncovered balance sheet changes and reconciliation readiness.
The method
- Check reconciliation steps for statement files identified with the close period. Flag expenses posted in the first twenty days after month end when service dates or memo dates identify the close month. A vendor with charges in each of the prior three months and none in the close month receives a suggested accrual equal to its average monthly charges, rounded to cents.
- Flag uncovered balance sheet accounts when month-over-month movement meets both the 10% threshold and the company dollar floor. Compare statement support and ledger balances with the shared close tolerance of one dollar.
What the company decides
Statement completeness, service dates, accrual estimates, account coverage, request delivery, review and tie confirmation. AI drafts words only when enabled; every action requires confirmation. These inputs and judgments are outside the guarantee.
Where it shows in Vanward
The Prep report on an open Close.
Method change log
- 2026-11-10 · 1.0 published