Tasks are the core unit of work in TaskCalendars. For accounting and finance teams, each task represents a specific close step, account reconciliation, balance sheet review, filing, or compliance activity that needs to be assigned, executed, and signed off. Tasks can include financial data verification and financial statements preparation.
Task Features
Creating Tasks
Create tasks with detailed information including name, description, step-by-step instructions, due dates, and assigned preparers and approvers. Tasks can be one-time or set up with recurring schedules for every close period. Include account reconciliation procedures, balance sheet review steps, and financial reporting requirements in task descriptions.
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Recurring Tasks
Set up tasks that repeat on a schedule — monthly, quarterly, annually, or with business-day-aware patterns. Each recurrence generates a separate instance with the correct due date, tracked independently so you always have a clear period-by-period history. This is ideal for recurring account reconciliation, balance sheet reviews, and financial statements preparation tasks.
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Task Status
Track close progress through a clear status workflow: Not Started → In Progress → Pending Approval → Completed. Use Not Applicable to mark tasks that are not required for a given period. Monitor financial data accuracy and ensure all account reconciliation and balance sheet tasks are completed before financial statements are finalized.
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Update Requests
Send update requests to preparers to gather status updates on their assigned close tasks. Recipients can update task status and add notes directly from the request — no need to chase via email.