An editable retail accounting calendar with holidays and accounting close dates for the year 2018 in a landscape layout template. Close the books with less runaround. Share this sheet with your accounting team to easily manage your financial month end process and keep everyone on schedule. Use the sheet for monthly, quarterly, and annual tasks. The individual responsible for the organization’s end-of-the-month accounting procedures then runs various reports that highlight the company’s current financial position. He may create a profit-and-loss statement. Unfortunately, Accounting is made primarily responsible for all accounting actuals, comparisons to budget/plaan and prior year, as well as to explain variances with very little input from the various cost center managers. Here is an example of how to prepare an income statement from Paul’s adjusted trial balance in our earlier accounting cycle examples.