Ensure Your Books Are Accurate and Reliable

As your business grows in Lufkin, basic bookkeeping stops being enough. You need someone who reviews your financials for accuracy, ensures the month-end close is completed correctly, and catches issues before they become problems. Without oversight, errors accumulate and your confidence in your numbers decreases.

Boxwood Bookkeeping provides financial oversight and month-end close services that manage the close process, perform advanced reconciliations, review financials for accuracy, and ensure your books are consistently reliable. This service is layered on top of Core Financial Operations and tailored to your business complexity. Controller Services typically begin at $1,800 per month.

If you need more than basic bookkeeping and want confidence in your financial data, contact us to discuss financial oversight for your Lufkin business.

Financial oversight and month-end close services in Lufkin that provide structure, accuracy, and accountability for growing businesses.

What Happens During the Month-End Close

The month-end close process in Lufkin includes reconciling all accounts, reviewing transactions for accuracy, posting adjusting entries, and closing out the period so your financials reflect the correct totals. Advanced reconciliations cover areas like inventory, prepaid expenses, accrued liabilities, and intercompany accounts that basic bookkeeping does not address.

After the close is completed, you will notice that your profit and loss statement reflects actual performance, your balance sheet shows accurate asset and liability balances, and your books are prepared for tax season, lending, or growth decisions. For growing businesses, basic bookkeeping is not enough.

The service does not include budgeting, forecasting, or cash flow planning, though those can be added separately. What it does provide is structure and accountability at a higher level, so your financial data is consistently reliable. You will have confidence in your numbers because they have been reviewed, reconciled, and closed correctly every month.

Understanding What Financial Oversight Involves

Financial oversight goes beyond transaction entry and basic reconciliations. These questions clarify what the month-end close involves and how it supports your business operations.

What makes the month-end close different from regular bookkeeping?
The close process includes advanced reconciliations, adjusting entries, and a review of all accounts to ensure accuracy. It prepares your books for tax filings, audits, or lending decisions in Lufkin.
How long does the month-end close take?
The close typically takes five to seven business days after the month ends, depending on transaction volume and complexity. You receive final financials through the Client Portal once the close is complete.
What types of reconciliations are included?
Advanced reconciliations cover inventory, prepaid expenses, accrued liabilities, fixed assets, and intercompany accounts. All reconciliations are documented and reviewed before the close is finalized.
When is financial oversight necessary?
You need financial oversight when your business has multiple revenue streams, complex transactions, or is preparing for growth, lending, or tax audits. It provides confidence in your financial data.
How is financial oversight priced?
Controller Services including financial oversight and month-end close typically begin at $1,800 per month. Pricing is based on business complexity, transaction volume, and reporting needs.

If your business has outgrown basic bookkeeping or you need reliable financials for lending or tax purposes, financial oversight provides the structure and accountability you need. Boxwood Bookkeeping serves growing businesses in Lufkin that require accurate, consistent financial data. Get in touch to discuss how Controller Services can support your business.