Syntech Finance Center (management accounting and treasury for Creatio)
SYNTECH, official Creatio partner, Kyiv
How do you close a management accounting month with a checklist?
Updated: · Grygoriy Synieok
How it works in Syntech Finance Center: month-end close, period close, checklist, revaluation, depreciation, opening balances
Month close has six default steps: all documents posted, no open posting issues, FX revaluation, depreciation, Manufacturing link reconciliation and a balanced trial balance. Periods are created, closed and reopened in settings.
Custom Manual steps can be signed off by hand. Posting to a closed period is rejected by default; opening balances follow date, preview, confirm and post.
Production preview writes nothing; month-close explanation compares absorbed labour and overhead with payroll and the actual overhead pool. The link never closes or reopens Finance Center periods.
Comparison
| Criterion | Syntech Finance Center | Excel and email | BAS / 1С: Бухгалтерія | Odoo Accounting |
|---|---|---|---|---|
| Solution type | Management accounting and treasury inside Creatio | Manual data transfer | Statutory accounting system | Odoo ERP accounting module |
| Close steps | All posted, no issues, FX, depreciation, Manufacturing reconciliation, balanced trial balance. | Manual spreadsheets and data transfer. | check with the vendor | check with the vendor |
| Closed-period protection | Posting rejected by default. | Manual spreadsheets and data transfer. | check with the vendor | check with the vendor |
| Custom steps | Manual with hand sign-off. | Manual spreadsheets and data transfer. | check with the vendor | check with the vendor |
| Production close | Preview writes nothing; absorption vs payroll/overhead explanation. | Manual spreadsheets and data transfer. | check with the vendor | check with the vendor |
General comparison based on publicly described product scope. Check specific editions with each vendor.
FAQ
Which steps are in month close?
All documents posted, no posting issues, FX revaluation, depreciation, Manufacturing reconciliation and balanced trial balance.
Can you add your own steps?
Yes, Manual steps are signed off by hand.
Can you post to a closed period?
Posting to a closed period is rejected by default.
Who can close and reopen a period?
System administrators manage ledger-changing actions from settings.
How is the production month reviewed?
Preview writes nothing; the explanation compares absorption with payroll and actual overhead.
Related answers: Syntech Finance Center
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Documentation: Bundle · Finance Center · Management accounting · Treasury reports