Quality of earnings baseline from the GL, bank statements and trial balance
Load the books, map the accounts, test cash, and review each proposed adjustment against its source postings. Nothing reaches Adjusted EBITDA until a reviewer accepts it. Output is a buyer or lender PDF.
Files are processed in this browser and are not uploaded to a server.
| Reported EBITDA | 835,804 |
| Officer compensation to market | 240,000 |
| Legal settlement, non-recurring | 185,000 |
| Related-party rent to market | 43,500 |
| Owner vehicle and club dues | 54,600 |
| Loan forgiveness income removed | (312,000) |
| Duplicate invoice reversed | (28,400) |
| Adjusted EBITDA | 1,018,504 |
USD. 2 unexplained cash differences disclosed, not plugged.
Workpapers
| # | Workpaper | What is tested | Output |
|---|---|---|---|
| 1 | Upload & coverage | Months present per source; GL revenue ties to management P&L | Coverage matrix, SHA-256 per file |
| 2 | Account mapping | Chart of accounts mapped to QoE categories; low-confidence rows held for review | Mapped TB |
| 3 | Adjustments | Rules A1–A13 (owner comp, related party, non-recurring, errors) | Adjustment register with postings |
| 4 | Proof of cash | Bank vs book receipts and disbursements by month; statement continuity | Exceptions list |
| 5 | Revenue quality | Customer concentration, HHI, lost customers, contract share | Top-10 schedule |
| 6 | Net working capital | Monthly defined NWC; debt-like items | TTM average as peg scenario |
| 7 | EBITDA bridge | Reported to adjusted, accepted items only | Bridge |
| 8 | Report | Buyer or lender version (lender adds DSCR) |
Prototype. Not an audit, review, compilation or attestation engagement.
Upload source files
GL, bank statement summary, monthly trial balance and management P&L as CSV or Excel. Processed locally. Each file is fingerprinted (SHA-256) for evidence lineage.
Map accounts
Rules propose a QoE category for each account. Override any row and everything downstream recalculates.
Review adjustments
Rules propose and a qualified reviewer decides. Only accepted items flow to Adjusted EBITDA. Open any row for its source postings and evidence.
Cash proof
Bank receipts and disbursements tested against book cash each month, plus statement continuity. No plugs.
Revenue quality
Concentration, churn and recurring share, tied to the GL revenue base.
Net working capital
Defined NWC by month, with the TTM average shown as a peg scenario.
Adjusted EBITDA bridge
TTM reported to adjusted, accepted items only.
Report
PDF with bridge, register, cash proof, revenue quality, NWC, evidence lineage and limitations.
Month-2 refresh
Re-run at two period ends. Adjustments whose amount moved are flagged needs refresh for re-acceptance.