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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Foreign subsidiary translation and CTA rollforward

Builds translation steps for a foreign subsidiary and a cumulative translation adjustment (CTA) rollforward. Helps consolidation teams document FX methodology and reconcile equity impacts.

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Pharma: R&D Milestone Payment Accounting

Determines when to recognize revenue or expense for drug development milestones.

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