FinQuery Automated Lease Accounting Month-End Close
On your close date each month, WebRun opens FinQuery and works through the standard month-end lease accounting steps: confirming amortization journal entries are generated, checking that ROU asset and liability balances tie, verifying disclosure drafts are available, and posting a step-by-step completion status to Slack.
How do I automate the FinQuery lease accounting month-end close checklist?
WebRun runs through your FinQuery month-end lease accounting checklist on close day, confirming that amortization journal entries are generated, ROU asset and liability balances tie, and disclosure reports are ready. It posts a step-by-step completion status to Slack, with any open item flagged for your team before the books lock.
- Month-end close checklist completed without a manual run-through
- Open items surfaced in Slack before the lock date
- Dual-standard ASC 842 and IFRS 16 status checked in one run
Built for lease accountants · corporate controllers · accounting managers · finance directors
What does WebRun do on every run?
The exact actions WebRun takes, in order - in plain language, so you can adjust anything.
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WebRun signs in and gets to work
Opens
app.finquery.comin a real browser with your saved login - no setup, no API keys. -
1
FinQuery - run month-end close checklist
finquery.com
WebRun opens FinQuery to run month-end close checklist. - Open FinQuery and navigate to the current period journal entry queue
- Confirm amortization journal entries are generated for all active leases
- Check that ROU asset and liability roll-forward balances tie for the period
- Verify that the disclosure report for the period is available and exported
- Note any leases with a modification or remeasurement event requiring additional entries
- Flag any step that is incomplete or shows an error
Done when Every close checklist step is checked and any incomplete items are captured.
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2
Slack - report completion status
slack.com
WebRun opens Slack to report completion status. - Post a checklist completion status to the accounting channel
- List each step as complete or flagged, with details on any open item
- Ping the lease accounting owner for any step that needs attention before the lock date
Done when The team has a close status summary in Slack with all open items clearly flagged.
How is each run configured?
Secure by default
Connect once, stays signed in
WebRun signs in once and keeps each session in a persistent environment, so every run picks up right where it left off.
Every action is checked against this policy before it runs.
Questions, answered
Will it post journal entries to our general ledger automatically?
No. WebRun checks that FinQuery has generated the entries and that balances tie, but it does not push anything to your general ledger. Posting remains a human step.
Can it handle leases under multiple standards like ASC 842 and IFRS 16?
Yes. FinQuery supports dual-standard reporting, and WebRun checks the close status for each standard your portfolio uses, flagging any period where one standard is complete but the other is not.
What if there are no open items?
It posts a clean all-clear to Slack so the team knows the checklist is complete, and no action is needed. Quiet close nights deserve a confirmation too.
Related templates
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