Month-end close
Write variance and flux commentary
Imagine drafts the variance and flux commentary that explains how each account moved during close. The period is compared against prior periods or budget, the transactions and drivers behind each meaningful swing are identified, and a plain-language explanation is written for you to review and finalize, turning a tedious write-up into a quick edit.
The manual reality today
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01
Explaining every swing is time-consuming
Walking through each account that moved, finding why, and writing it up clearly is one of the slowest, most manual parts of closing the books.
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02
Finding the driver means digging through detail
A line that jumped on the P&L rarely explains itself, so someone has to trace it back through transactions to learn what actually caused the change.
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03
Commentary quality varies by who writes it
Different preparers explain the same movement in different ways, so the narrative reads inconsistently and reviewers spend time reconciling it.
How Imagine handles it
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01
Compare against the right baseline
The period is measured against prior month, prior year, or budget, using the comparison and materiality thresholds you choose.
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02
Identify the drivers behind each swing
For every account that moves beyond your threshold, the change is traced to the underlying transactions and drivers responsible.
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03
Draft plain-language commentary
A clear explanation of each variance is written in consistent language, citing the amounts and causes so the narrative is grounded in the numbers.
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04
Route for review and finalize
The draft commentary goes to your team to adjust or approve, and the finalized notes are kept with the period for reporting and audit.
Works with the tools you already run
- QuickBooks Online
- NetSuite
- Sage Intacct
- Xero
What changes
Commentary drafted in minutes
The first draft of variance and flux notes is ready as soon as the numbers are, so writing becomes a quick review rather than a from-scratch effort.
Explanations tied to real drivers
Each comment points to the transactions behind the movement, so the narrative holds up when leadership or auditors ask why.
Consistent reporting every period
Variances are explained in the same clear style each close, giving readers a reliable narrative they can compare across periods.
Frequently asked questions
What comparisons can be used for variance analysis?
The current period can be compared against prior month, prior year, or budget, whichever you use for your flux review. You set the materiality thresholds that determine which movements get explained.
How is the cause of a variance found?
For each account that moves beyond your threshold, the change is traced down to the underlying transactions and drivers, so the explanation reflects what actually happened rather than a generic guess.
Can I edit the commentary before it's final?
Yes. A draft is produced for every flagged variance, and your team can adjust or approve each explanation before it is finalized and saved with the period.
Does the commentary stay consistent month to month?
Yes. The commentary follows a consistent style and structure each close, so the narrative reads the same way period over period and is easy to compare and review.