Introduction

Efficient Period End and Financial Close processes are critical for ensuring accurate financial reporting, compliance, and operational efficiency in any organization. Period End and Financial Close in ERP Training Course finance professionals, accountants, and ERP users with advanced skills to streamline period-end activities, reduce closing time, and enhance data accuracy, automation, and audit readiness. Participants will gain practical knowledge on leveraging ERP systems to execute a smooth financial close while adhering to best practices and regulatory standards.

In today’s competitive business environment, organizations demand finance teams to be proactive, data-driven, and technology-savvy. This course emphasizes real-world application, covering journal entries, reconciliation, intercompany accounting, variance analysis, and reporting automation. By the end of the program, participants will master ERP-driven strategies to minimize errors, optimize workflows, and drive faster and more accurate period-end closings.

Programme Curriculum

Period End and Financial Close in ERP Training Course

Introduction

Course Duration

5 days

Course Objectives

By the end of this training, participants will be able to:

Streamline period-end closing processes using ERP automation tools.
Perform accurate financial reconciliations across multiple ledgers.
Implement journal entry automation and recurring transaction management.
Conduct variance analysis to identify discrepancies effectively.
Ensure regulatory compliance in financial reporting.
Optimize intercompany and multi-currency transactions in ERP.
Utilize real-time reporting dashboards for decision-making.
Minimize manual errors through ERP best practices.
Enhance audit readiness with standardized closing procedures.
Leverage workflow approvals for faster period-end processes.
Integrate subledger and general ledger data seamlessly.
Apply financial analytics to drive business insights.
Develop continuous improvement strategies for period-end efficiency.

Target Audience

Finance Managers & Controllers
ERP Finance Users
Accountants & Bookkeepers
Financial Analysts
Audit Professionals
CFOs & Finance Executives
ERP Consultants
Business Process Owners

Modules & Key Learnings

Module 1: Introduction to Period-End and Financial Close

Overview of period-end closing in ERP systems
Importance of timely and accurate financial reporting
Key challenges and common errors in closing
Best practices for planning and scheduling close activities
Case Study: ERP period-end closing delays in a manufacturing company

Module 2: Journal Entries & Transaction Management

Creating recurring and manual journal entries
Automating transaction postings
Adjusting entries for accruals and prepayments
Reversals and corrections in ERP
Case Study: Automation of recurring entries in SAP/Oracle

Module 3: Reconciliation Techniques

General ledger vs subledger reconciliation
Bank and cash reconciliations
Intercompany reconciliation processes
Handling suspense accounts
Case Study: Reconciling multi-currency accounts

Module 4: Intercompany & Multi-Currency Accounting

Managing intercompany transactions and eliminations
Multi-currency accounting principles in ERP
Foreign exchange variance handling
Intercompany reconciliations and reporting
Case Study: Consolidation in a multinational enterprise

Module 5: Variance Analysis & Reporting

Identifying and analyzing account variances
Tools for automated variance reporting
Drill-down techniques for root cause analysis
Integration with BI dashboards
Case Study: Analyzing cost center variances in ERP

Module 6: Audit & Compliance in Financial Close

Regulatory requirements and internal controls
Audit trail setup in ERP
Ensuring SOX/IFRS compliance
Documentation and approval workflows
Case Study: Preparing ERP data for external audits

Module 7: Automation & ERP Best Practices

Leveraging ERP automation tools
Reducing manual intervention and errors
Workflow approvals and alerts
Continuous monitoring and optimization
Case Study: Implementing automated close cycle in Oracle Cloud

Module 8: Continuous Improvement & Analytics

Performance metrics for period-end closing
Identifying bottlenecks and inefficiencies
Using analytics for predictive financial planning
Reporting KPI dashboards in ERP
Case Study: Transforming period-end close using Power BI

Training Methodology

This course employs a participatory and hands-on approach to ensure practical learning, including:

Interactive lectures and presentations.
Group discussions and brainstorming sessions.
Hands-on exercises using real-world datasets.
Role-playing and scenario-based simulations.
Analysis of case studies to bridge theory and practice.
Peer-to-peer learning and networking.
Expert-led Q&A sessions.
Continuous feedback and personalized guidance.

Register as a group from 3 participants for a Discount

Send us an email: info@fineskilltrainingcenter.org or call +254769199797

Certification

Upon successful completion of this training, participants will be issued with a globally- recognized certificate.

Tailor-Made Course

We also offer tailor-made courses based on your needs.

Key Notes

a. The participant must be conversant with English.

b. Upon completion of training the participant will be issued with an Authorized Training Certificate

c. Course duration is flexible and the contents can be modified to fit any number of days.

d. The course fee includes facilitation training materials, 2 coffee breaks, buffet lunch and A Certificate upon successful completion of Training.

e. One-year post-training support Consultation and Coaching provided after the course.

f. Payment should be done at least a week before commence of the training, to Fineskill Training Center account, as indicated in the invoice so as to enable us prepare better for you.

Programme Fee

Duration: 5 Days

Method: Online or Physical

Online Price: $1,000

Physical Price: $1,500

Certification: Accredited Certificate

View Available Dates 📄 Download Course Outline (PDF)

Available Sessions

Location

Month

Year

Oct 19 2026

19 Oct — 23 Oct 2026

💻 Online / Virtual session

Online $1,000