Chief accountant: close, pay and file
Who this is for
Chief accountants, accountants and finance managers.
The problem
Teams re-key what already happened in sales, purchasing, stock and payroll, then lose days at month-end hunting for differences.
A day with XBuddy


Review journal entries as they arrive
Entries are posted when the source document happens, so you review exceptions instead of re-keying. — Accounting
Approve and schedule payments
Bills and payment batches in Finance are prepared for approval; reconciliation of payments follows. — Finance
Route approvals
Requests wait in the approval inbox, with the maker separated from the approver. — Approvals
Reconcile bank and subledgers
Bank reconciliation and debt confirmations from the accounting screens. — Accounting
Close the period
Controlled period close, then financial statements from the ledger. — Accounting — Period close
File VAT
The VAT return is produced from the same ledger. — Accounting — VAT filing
Forecast cash
The cash-flow forecast report supports the CFO’s view of coming weeks. — Accounting
Apps involved
| App | Role in this scenario | Link |
|---|---|---|
| Accounting | Ledger, close, statements, VAT | Accounting |
| Finance | Invoices, bills, payments, expenses | Finance |
| Approvals | Approval inbox | Approvals |
| Procurement | Three-way match for bills | Procurement |
| Payroll | Payroll posting and remittances | Payroll |
AI assistants that help
accountant_assistant: Reviews journal entries, suggests accruals, detects anomalies and tracks recurring entries.ar_collector: Reminds about receivables and analyses ageing.ap_manager: Handles three-way match exceptions and schedules payment batches.expense_auditor: Flags unusual or duplicate expenses and policy violations.fpa_analyst: Cash-flow and budget insights, and bill payment suggestions that the user confirms.
Related business flows
Honest limits
- Consolidation works only between companies in the same tenant, and trial balances cannot be imported from outside.
- Issue-cost calculation and cost templates are API-only, with no menu entry.
- Entering opening receivable and payable balances is possible through the API only.