What Is a Financial Close?

Generally speaking, it is for post settlement of accounts receivable and payable. The scope and content of work depends on the industry, such as the stock exchange in the financial industry

Financial settlement

Right!

Generally speaking, it is for post settlement of accounts receivable and payable. The scope and content of work depends on the industry, such as the stock exchange in the financial industry

And his scope of work is:

1.Enter daily customer information, changes in margin and handling fees, transaction result data, and transfer settlement prices

2. Review and manage all customer fee standards, review and enter customer deposits and withdrawals

3.Accept and check the exchange bill

4. Produce, print and distribute various reports (customer bills, leadership management reports, commission reports, pathological bill statements)

5. Make client and seat fund statements

6. Send bills to customers, sales department, company leaders

7. Print and issue monthly customer reports at the end of the month

8. Prepare and send financial statements at the end of the month

9.Calculate royalties and returns

10. Statistics on the performance of brokers and business units

11. Responsible for the production and delivery of branches, and the sales department reports to the CSRC

12. Review the monthly report recovery and management