Scope sheet
finbryn.com
Virtual CFO
Post-acquisition financial transition for search fund and SBA buyers
Finbryn provides post-acquisition finance support for search fund and SBA 7(a) buyers of small businesses: an opening balance sheet from the closing documents, monthly close, lender covenant reports and a QoE databook prepared as a subcontract to the buyer's quality of earnings firm. We do not issue quality of earnings reports.
What is included
- Opening balance sheet posted from the closing statement and purchase price allocation
- Monthly close and financial statements from day one of ownership
- Lender covenant report in the format the loan agreement requires
- QoE databook workbook prepared as a subcontract to your quality of earnings firm
- Working capital tracking against the target in the purchase agreement
- A 100-day finance checklist covering bank access, payroll, tax accounts and vendor terms
The process
- 1.
Closing set review
We read the purchase agreement, funds flow, closing statement and seller note terms.
- 2.
Opening balance sheet
The allocation provided by the buyer's advisors is posted and each account ties to the closing statement.
- 3.
Books takeover
The buyer moves bank and payment access to the new entity, the chart of accounts is set and a close calendar is agreed.
- 4.
First three closes
Monthly close including clean-up of unreconciled accounts, unrecorded accruals and deposits recorded as revenue.
- 5.
Covenant reporting
Each covenant is calculated as the loan agreement defines it, with the inputs shown and delivered to the buyer ahead of the lender's date.
- 6.
Databook support
Where engaged, monthly data, add-back support and working capital are prepared under the buyer's QoE firm's direction.
Software
QuickBooks Online, NetSuite, Sage Intacct, Excel, Google Sheets
Pricing
Monthly close and reporting are scoped by transaction volume, entities and review level; covenant reporting and the working capital tracker are added to that scope. Databook subcontracts are fixed scope agreed in writing. See /us/pricing.
Finbryn is a brand of Northlane Solutions Inc., a Delaware corporation.
Reviewed October 2026