Engagement
AP cut-off review
Period-end testing of invoices and goods receipts to confirm liabilities sit in the correct accounting period.
Purpose
Around month-end or year-end, invoices and deliveries often straddle the cut-off date. This engagement tests whether liabilities and expenses land in the correct period.
What we examine
- Invoices dated just before and after the close date
- Goods receipts without matching invoices (and the reverse)
- Credit notes and debit notes that shift prior-period balances
- Manual journal entries that adjust AP without invoice support
Deliverable
A cut-off memorandum listing exceptions, proposed adjustments, and items that need vendor follow-up before you lock the books.
Next step
Ask about a close-period slot — capacity fills quickly in March and December.
Commission this engagement
Share your invoice volume and the period you need covered. We prepare a written scope and fee estimate.
Request an estimate