Advanced

Partnership Basis (Inside vs Outside) Reconciliation

Reconciles a partner's capital account and tax basis (704b vs Tax Basis).

Reconcile the 'Inside Basis' and 'Outside Basis' for Partner {partner_name} in {partnership_name}. Starting tax basis: {start_basis}. Current year activity: {contributions}, {distributions}, {share_of_income}, and {share_of_liabilities}. Explain any Section 754 adjustments or 'hot assets' issues.

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Month-End Close Checklist Generator

Generates a comprehensive month-end close checklist tailored to your company type and size.

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ASC 606 contract intake: performance obligations & allocation

Analyzes a customer contract under ASC 606/IFRS 15: identifies performance obligations, determines transaction price, and allocates consideration. Produces a concise memo and a revenue schedule outline.

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IFRS 15 variable consideration constraint assessment

Evaluates variable consideration and the constraint, documenting probability-weighted outcomes and recognition impacts. Helps controllers defend judgments and build consistent templates across contracts.

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