If the accounting system and business process can work in accordance with reporting standard, statutory rules and tax guideline then we in finance department does not need to work during weekend for closing. But closing the books monthly is very important because it is early indication of the company financial performance before the quarter ends. The timeline of closing is also important, for manufacturing and service company it very important for you to understand when the production cut off.
My advice: If you already identify a journal entry before system cut off then please pass this entry early. This will save you time during the actual closing process.
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