Payroll entries
Payroll journal entries, with the month-end accrual and its reversal when a pay period crosses the month.
- Accrual and reversal
- Payroll
ServicesMonth-end close
Month-end entries prepared and tied out. The controller posts them.
An agent reads the month’s activity from your ERP, prepares the recurring entries a controller builds by hand every month, and runs the tie-outs. Every entry lands unposted, and the controller reviews and posts each one. lumic builds it on site and keeps it working.
How it works
Read, prepare, tie out. A person posts.
It reads the period.
The agent reads the month’s activity straight from the ERP. Reading is all it does at this stage.
It prepares and ties out.
It prepares the recurring entries and runs the tie-outs before anything is approved.
The controller posts.
Every entry lands unposted. The controller reviews each one and posts it. Posting stays a human action, every month.
What it prepares
The entries a controller builds by hand every month.
Each entry is balanced, checked against existing entries so nothing is entered twice, and reversible until a person posts it.
Bank reconciliation
Bank-reconciliation adjustments, prepared from the reconciliation the agent runs.
- Bank to book
- Unposted until approved
Inventory clearing
The inventory clearing entries, prepared for the controller to review.
- Prepared every month
- Unposted until approved
Monthly adjustments
The monthly adjusting entries, built the same way every month.
- Balanced before staging
- Never entered twice
Tie-outs first
Bank reconciliation, an intercompany tie-out where a business runs more than one company, and an income-statement tie-out, all before anything is approved.
- Run before approval
- Intercompany where it applies
A live result
A live income statement, consolidated where there is more than one company, shows the result as soon as the entries post. A monthly management report reads the books live, and the controller finalizes it after month-end.
- Live income statement
- Dashboards and reporting
Other jobs lumic automates: Services. Examples in production: Portfolio. The method: How lumic works.
Based in St. Louis. Start with a conversation.
Every engagement is led by a senior FDE, on site.
How to start
- 1A 20‑minute call.You walk the team through the work your people do by hand.
- 2A written proposal.What lumic would build, the timeline, and the cost.
- 3An on-site visit.lumic’s FDEs meet your team where the work happens and confirm the plan. St. Louis first; they travel for the right fit.