Ownable Bookkeeping & Fractional CFO
Clean, lender-ready books plus senior financial leadership. Bookkeeping tells you what happened; the fractional CFO decides what to do about it.
The problem it solves
Most owner-led businesses have bookkeeping that's just good enough for taxes and no financial leadership at all. That combination is expensive: capital costs more, valuation comes in low, and decisions get made on gut. The Capital Tax and Exit Tax both live here.
Month-end close deliverables checklist
Every close cycle produces the following items inside ten business days. This is what "decision-grade" means in practice.
- Bank reconciliation — all accountsEvery account balanced to the penny before close is called.
- Accounts receivable aging report30/60/90+ day buckets with collection flags.
- Accounts payable aging reportUpcoming obligations surfaced before they create surprises.
- Accrual-basis P&L — current monthRevenue and expense recognized when earned, not when cash moves.
- Accrual-basis P&L — trailing 12 monthsTrend visible at a glance; seasonality removed from decisions.
- Balance sheet — month-endAssets, liabilities, and equity stated on a single date.
- Cash flow statementOperating / investing / financing split so cash burn is visible.
- Owner-earnings normalizationOwner compensation added back and normalized for lender / buyer view.
- Cash conversion cycle calculationDays payable, receivable, and inventory tracked monthly.
- OWNABLE Transferability Score updateComposite score refreshed monthly against 20-point rubric.
- Debt-service coverage ratioDSCR vs. covenant floor; green / yellow / red flag issued.
- Maximum Sustainable Distribution checkMSD model refreshed; distribution cleared or flagged.
- Top 3 financial decisions memoOne-page CFO memo with the three financial moves for the next 30 days.
- Capital-readiness gap trackerOutstanding items vs. lender checklist, updated each close.
Pricing tiers
Three tiers sized to the stage of your business. All tiers include the OWNABLE chart of accounts and the ten-day close. CFO leadership and readiness services are layered on top.
The Financial Engine foundation — clean, current, decision-grade books.
- ✓Daily bookkeeping on OWNABLE chart of accounts
- ✓Monthly close inside 10 business days
- ✓Accrual P&L and balance sheet
- ✓AR/AP aging reports
- ✓Bank reconciliation — all accounts
- ✓Basic owner-earnings normalization
Books plus CFO leadership — the full Financial Engine, run for you.
- ✓Everything in Bookkeeping
- ✓Monthly CFO-led owner review (60 min)
- ✓Cash conversion cycle tracking
- ✓OWNABLE Transferability Score monthly
- ✓DSCR and covenant monitoring
- ✓Maximum Sustainable Distribution check
- ✓Capital-readiness gap tracker
Senior CFO engagement — equity management, capital, and readiness all active.
- ✓Everything in Bookkeeping + CFO
- ✓Quarterly Long-Term Equity Review (LTER)
- ✓Capital memo and lender introductions
- ✓QoE-ready financial package maintained
- ✓ProfitFlow MSD integration
- ✓Priority access for deal / diligence events
- ✓Coordinates Cap Table & Capital Readiness
- Quality of Earnings →
The Financial Engine produces the QoE-ready package buyers expect.
- Capital Readiness →
Clean books are the prerequisite for every capital path.
- LTEM Advisory →
The umbrella engagement that coordinates the Financial Engine with all others.
Frequently asked questions
What is a fractional CFO?+
A fractional CFO is a senior finance leader who works with your business part-time — giving you CFO-level strategy, reporting, and capital readiness without a full-time hire.
Why combine bookkeeping with a fractional CFO?+
Because clean books without leadership just record the past, and leadership without clean books has nothing to act on. Together they run the Financial Engine.
Will this help me get approved for financing?+
Yes. Lender-ready financials and owner-independent earnings are exactly what most capital and SBA decisions turn on.
Do I need to switch off QuickBooks or Xero?+
No. We work inside your existing ledger and re-map the chart of accounts to the OWNABLE standard.
How is this different from a typical outsourced bookkeeper?+
A typical bookkeeper produces compliance-grade books. We produce decision-grade books — built to support distributions, debt covenants, and a future QoE review without rework.
What does the monthly CFO review cover?+
Owner earnings normalized and trended, cash conversion cycle measured, transferability score updated, capital-covenant status reviewed, and the top three financial decisions for the next 30 days.
Exit ready is capital ready.
The free OWNABLE Assessment takes about ten minutes and scores your Five Hidden Taxes in real dollars.