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Flux analysis

Flux (fluctuation) analysis shows how account balances changed from one period to the next, so you can review and explain variances as part of your close.

Reviewing variances​

The flux view displays period-over-period changes (for example, month over month). For each line, you can see the prior balance, the current balance, and the change.

Assigning and explaining variances​

To turn flux into a review workflow:

  • Assign a variance to a team member, and
  • add an explanation describing what drove the change.

This lets preparers document the "why" behind each significant movement and reviewers confirm it. You can also add review notes to a flux item to ask questions or request more detail.

Explaining variances with AI​

Rather than start each explanation from scratch, you can have CloseCore draft it for you. On a flux item, AI Analysis reads the transactions on both sides of the comparison, matches them line by line, and writes a concise explanation of the largest dollar drivers — the new, dropped, and changed activity behind the movement. You can then Rewrite the draft with an instruction, Ask AI follow-up questions about the account's ledger, or edit the wording yourself before signing off.

AI never finalizes anything on its own: the generated explanation is a draft that flows into the same assign-and-sign-off review above. See AI variance analysis for the full picture, including generating explanations for a whole report at once.

Requiring explanations automatically​

In custom reports, you can set flux default rules that require an explanation whenever a variance exceeds a threshold you define, so material movements never slip through unexplained.

  • AI variance analysis for AI-drafted explanations of what drove each variance.
  • Reports for underlying balances, grouping, and thresholds.