Results
Length of the close
- Days to close
- --
- Critical tasks
- --
- Tasks with float
- --
- What-if days to close
- --
- Days gained
- --
- Critical path
- --
Calculator Library / Finance
Find the critical path of your month-end close, see which tasks have float, and test whether shortening a task would actually shorten the close.
Tool
Duration = the longest chain of dependent tasks (the critical path)
| ID | Task | Duration (business days) | Starts after (IDs, comma separated) | Earliest start | Earliest finish | Float |
|---|
Use the task ID letters in the "starts after" column, for example "B,D". Data saves in this browser only and nothing is sent to a server.
Results
Schedule
Instructions
This calculator finds the critical path of a month-end close: the longest chain of dependent tasks, which sets the number of days. You list the tasks, their durations, and what each waits for, and it shows the earliest start and finish of each task, the float, and a Gantt chart.
The what-if lets you test an improvement before you invest in it. If a shortened task is not on the only critical path, the close does not get shorter, and the calculator says so.
| Measure | Rule | Meaning |
|---|---|---|
| Earliest start | The latest earliest-finish among the task's predecessors (zero if none) | When the task can begin. |
| Earliest finish | Earliest start + duration | When it can end. |
| Days to close | The largest earliest finish | Length of the critical path. |
| Float | Latest start − earliest start | How long a task can slip without delaying the close. |
The pre-loaded close has eight tasks, and the critical path A, B, D, E, F, G, H gives 9 business days; both AP and AR reconciliations (B) and inventory and fixed assets (D) are critical, and payroll and accruals (C) has 2 days of float. The what-if is set to save 2 days on B. The total stays at 9 days, because D still takes 3 days, and the tool explains that another path is also critical.
Now cut D to 2 days as well, and the total falls to 8. Then cut review (F) to 1 day, and it falls to 7. The example shows that improving one of two parallel critical tasks alone gains nothing.
It is the longest chain of dependent tasks between the period end and the completed close. Its length equals the number of days to close, and any delay to a task on it delays the close. Tasks off the critical path have float, meaning they can slip a little without effect.
Usually because another task in parallel is also critical, so the close is still governed by the other path. In that case, shortening only one task gains nothing until the parallel critical task is shortened as well, which the what-if in this calculator makes visible.
Each task gets a letter ID in order, A, B, C, and so on. In the starts-after column, type the IDs of the tasks that must finish first, separated by commas, for example B,D. Leave it blank for tasks that start at the beginning of the close.
No. The calculator saves your tasks in your own browser using local storage and does not send anything to a server. Use Clear all to remove them.