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Mythos

A Monthly Manual process is one performed by a person once per month, such as invoicing customers out of QuickBooks Online.

The term names two properties of a process at once: how often it runs, and whether a person has to run it. On a spectrum, the opposite of Monthly Manual is 📝Automated Transactional processing, in which every cash entry is automatically matched to its accrual accounting entry as soon as it is entered into the books. A given process can be placed along that spectrum, from a person's monthly task to an automated step that happens with each transaction.

The cost of a monthly cadence for the books as a whole is the subject of 📝The Monthly Close is a Bad Habit.

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