Nanonets Agent:Month-End Close
AI-native agents for
month end close
Pulls your trial balance, reconciles every account to its sub-ledger, drafts the missing accruals and intercompany eliminations, and writes the flux commentary — before your team opens a spreadsheet.
NanonetsClose Agent
Online
Day 2 of close · 214 accounts
2 with humans
- 07:12Pulled the June trial balance from NetSuite · 214 accountsPulled
- 07:26Reconciled 142 accounts to their sub-ledgers · 0 unexplainedTied out
- 07:41Drafted 6 accruals from open POs · JE JE-3318 to JE-3323Drafted
- 08:04Intercompany matched across 4 entities · IC-EU-02 off by $8,140Held
- 08:19Flux on 6420 up 31% MoM — asked R. Iyer on SlackHeld
- 08:33R. Iyer confirmed the audit-fee timing — commentary written backApproved
- nowTying out prepaid amortisation · account 1410Reconciling
Used by 35% of the Fortune 500 and 10,000+ enterprises
Controllers using Nanonets see
Your close policy, as the agent's rulebook
Nanonets turns the close checklist and accounting policy your controllers already maintain into a governed context graph — every rule explicit, every rule traced to the clause it came from.
close-policy.pdfMonth-End Close — Accounting Policy
Revision 9 · Controller approved
3.1 Reconciliation materiality
A reconciling item is immaterial and may be cleared without commentary where it is under $5,000 or 1% of the account balance. Anything above routes to the account owner before sign-off.
3.4 Flux commentary
Any P&L account moving more than 10% month-over-month requires written commentary in the close package.
It gets better at your close every period
Exceptions are not failures — they are the training. Every explanation your team gives is captured, so the agent carries more of the checklist on its own.
NanonetsHelp agents solve the most complex problems with context graphs.
Repairs & maintenance is $62k over last month with no budget change, while the accrual we booked in May was never reversed, and the intercompany leg from the UK entity is off by $8,140 — the plant manager explained it in a thread in March, so does this need flux commentary before we lock?
One variance. Five kinds of context, each in a different system — the ERP doesn’t know the thread, and the checklist doesn’t know last month’s reversal.
How the Context Graph works →Close & materiality policy
Policy context ➔ What needs commentary?
P&L movement over 10% MoM · items above $5,000
GL & sub-ledger history
System-of-record context ➔ What already posted?
May accrual JE-3107 open · no reversal in June
Intercompany tie-out
Computed context ➔ Do the legs match?
UK-02 vs US-01 off by $8,140 at month-end FX
Plant manager’s thread
Conversation context ➔ Why did spend move?
Emergency line repair approved in March
Close checklist
SOP context ➔ Who signs this off?
Owner of 6510 → controller before lock
Capabilities
Handles everything on the close checklist your team dreads.
Pulls the trial balance, sub-ledger exports, bank statements, and open accruals from your ERP, accounting system, and connected sources. Everything in one place before the first journal entry.
Matches sub-ledger balances to the general ledger, reconciles bank accounts, and flags every variance before you close. No chasing spreadsheets across the team.
Identifies missing accruals from open POs, prepaid schedules, and recurring entries. Drafts journal entries for review, applies approved ones, and tracks every change.
Locks the period once all checks pass, posts the final trial balance, and generates close package reports. Full audit trail: who reviewed, who approved, when it posted.
Pulls the trial balance and sub-ledger exports from your ERP automatically at period end. No manual CSV downloads, no waiting on IT.
Matches every bank transaction to a GL entry. Flags uncleared checks, timing differences, and unposted deposits before you touch the close checklist.
Scans open POs, prepaid schedules, and recurring entries to surface missing accruals. Drafts the journal entries; you approve or adjust before they post.
Matches intercompany transactions across entities, flags mismatches, and drafts elimination entries for consolidation. Works across multi-currency books.
Runs month-over-month and budget vs. actual comparisons on every P&L and balance sheet account. Highlights accounts that moved more than your defined threshold.
Assembles the final close package (trial balance, flux commentary, reconciliation sign-offs, and supporting schedules) once all checks pass.
Pulls the trial balance, sub-ledger exports, bank statements, and open accruals from your ERP, accounting system, and connected sources. Everything in one place before the first journal entry.
Matches sub-ledger balances to the general ledger, reconciles bank accounts, and flags every variance before you close. No chasing spreadsheets across the team.
Identifies missing accruals from open POs, prepaid schedules, and recurring entries. Drafts journal entries for review, applies approved ones, and tracks every change.
Locks the period once all checks pass, posts the final trial balance, and generates close package reports. Full audit trail: who reviewed, who approved, when it posted.
Pulls the trial balance and sub-ledger exports from your ERP automatically at period end. No manual CSV downloads, no waiting on IT.
Matches every bank transaction to a GL entry. Flags uncleared checks, timing differences, and unposted deposits before you touch the close checklist.
Scans open POs, prepaid schedules, and recurring entries to surface missing accruals. Drafts the journal entries; you approve or adjust before they post.
Matches intercompany transactions across entities, flags mismatches, and drafts elimination entries for consolidation. Works across multi-currency books.
Runs month-over-month and budget vs. actual comparisons on every P&L and balance sheet account. Highlights accounts that moved more than your defined threshold.
Assembles the final close package (trial balance, flux commentary, reconciliation sign-offs, and supporting schedules) once all checks pass.
35% of Fortune 500 and 10,000+ companies use Nanonets
Customer story · Ellement
“Nanonets replaced a 16-hour manual process with something that runs in under 2 hours — with better accuracy than our previous Power Automate setup.”
- Per 100 documents
- 16 hrs → 1.5 hrs
- Time reduction
- 90%
- Extraction accuracy
- 97%
- Manual entry
- Every field → Zero
Manual month-end close vs. Nanonets Month-End Close Agent
| ✕Manual month-end close | ✓Nanonets Month-End Close Agent | |
|---|---|---|
| Trial balance | ✕Export manually from ERP, reconcile in spreadsheets | ✓Auto-pulled from ERP; tied out to sub-ledgers before day one |
| Bank recon | ✕Download statements, match line by line in Excel | ✓Agent matches every transaction; flags variances automatically |
| Accruals | ✕Email teammates for estimates; enter journal entries by hand | ✓Open POs and prepaid schedules scanned; JEs drafted for one-click approval |
| Intercompany | ✕Manual comparison across entity books, resolve mismatches by email | ✓Auto-matched across entities; elimination entries drafted instantly |
| Flux analysis | ✕Build variance commentary in a deck the night before the call | ✓Auto-generated on every account above threshold, with GL drill-down |
| Audit trail | ✕Version history scattered across email, Slack, and shared drives | ✓Every action timestamped and attributable; read-only after period lock |
| Days to close | ✕7–10 days average | ✓2–3 days with straight-through processing on clean accounts |
See It Run on Your Data
Send us your trial balance, and we’ll show the agent closing it live.
Integrations
Works inside your existing ERP stack.
Pre-built connectors for major ERPs and accounting systems. Webhooks and REST for anything else. See all integrations →
More agents
The rest of your AP stack, automated.
Ingest, match, code, and post every invoice, straight through to your ERP.
Match incoming payments to open invoices and post cash receipts automatically.
Match transactions across bank feeds, processors, and your ERP, audit-ready.
Collect, verify, screen, and activate new vendors in your ERP automatically.
FAQ
Frequently asked questions
NetSuite, SAP, Oracle, QuickBooks, Sage, Xero, and Dynamics 365 via native API connectors. Bank feeds via Plaid and direct bank APIs. Custom sources via REST or file drop.
See it close your books, on your actual trial balance.
Talk to us about building a month-end close agent. Or start free. No credit card.