Finance Fast Start
OFFERING OVERVIEW
Finance Fast Start takes a newly acquired company from a clean opening balance sheet to a repeatable, board-ready close. Our team builds the reconciliation and reporting mechanics on AI-enabled workflows, while our senior professionals train the existing accounting team on accrual methodology and build the standardized reconciliations that make the close audit-ready, so the company is reporting on schedule from the first months of ownership.
Included capabilities
Chart of Accounts Redesign
A chart of accounts rebuilt to match GAAP and your parent company's standards. Restructures, renames, and rationalizes the target company's chart of accounts to align with GAAP standards, parent company conventions, or platform requirements. Most applicable for non-QBO platforms.
ERP Provisioning
Your new accounting platform, configured and ready before day one. Stands up a new ERP or accounting platform instance for the client: legal entity setup, admin access, fiscal year and period setup, and base settings required before data or users can be onboarded.
Historical Books Remediation
We correct the historical entries, so the go-forward books start clean. Remediates inaccurate or non-GAAP-compliant transactions in the target's historical books through a defined cut-off, typically paired with controller training.
Opening Balance Sheet and Post-Close Transaction Data Load
The opening balance sheet loaded and reconciled the moment the deal closes. Loads the TS-prepared opening balance sheet into the target accounting platform as of the deal close date, plus post-close transactions and customer/vendor list migration. Requires pre-engagement alignment with the TS team on cut-off date, account mapping, and any new accounts introduced.
Accrual Upskilling
We train your team to run accrual accounting, then hand off with confidence. Trains the client's controller or accounting team to maintain accrual schedules. Structured in two phases: training and schedule build, then a supported close cycle with review.
Balance Sheet Reconciliation Build-Out
Every material account reconciled on a documented, repeatable schedule. Designs and builds standardized balance sheet account reconciliation workpapers tied to supporting schedules (prepaids, accruals, fixed assets, deferred revenue), supporting clean monthly close and audit readiness.
Fast Start Reporting
Board-ready reporting on day one, not sometime after the first quarter closes. Works with management to create day-one reporting output and schedule post-transaction, and works with the target accounting team to develop processes that deliver reporting on time each month.
