Post Closing Checklist

Completion Checklist

This checklist provides a systematic approach to efficiently closing a transaction or deal. It covers essential tasks and documentation review, ensuring every administrative, legal, and financial aspect is correctly concluded and documented.

Specifically created by Jessie C. Gutierez of ShineBright Facility Care, the Smooth Closure checklist is a reliable guide to achieving the ultimate goal: a finalized, well-documented closure of a business operation, deal, or transaction.

Legal Aspects

The legal dimension ensures the proper conclusion of the deal. The tasks under this category deal with verifying legal compliance and managing legal documentation.

Task	Yes	No
Review and file legal contracts
Confirm compliance with the terms of agreement
Ensure no pending legal obligations
Update entity registrations if required
Ensure contract fulfillment

Financial Aspects

The financial dimension tends to the financial obligations that must be completed in the closure process. This involves managing payments, invoices, and bank confirmations.

Task	Yes	No
Complete payments if not done previously
Send invoices where applicable
Validate final account balances
Update financial records
Conduct an end-of-deal financial summary

Administrative Aspects

The administrative dimension emphasizes on operational and process-related tasks. It involves tasks like updating databases, notifying stakeholders, and archiving for future reference.

Task	Yes	No
Update company databases
Notify relevant stakeholders of deal closure
Archive all documentation from the deal
Complete closure reports for relevant departments
Plan and schedule closure review meetings if required