The empty chair has an end
The empty chair is the picture of the span. The last morning is the end of that loop. The months inside it still have to close, the same way a walk only counts when it comes back to the door.
Name both dates
Send the morning coverage starts and the morning the books have to be back in your hands. Those two dates are the span, and the note can be that short.
You will be talking to the Steven Palmieri practice.
Interim CFO NowThe last day is already written
Steven Palmieri, the Tax CFO and the Entrepreneur's CFO, closes the weeks between a last day you can already name and the morning the books come back.
Two dates, then the weeks
Coverage starts when you can say the first morning and the last morning out loud.
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What the last morning shows
The next person should be able to hold one page and know what closed.
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Weeks that still close
Week one reads the open month. Later weeks close what they can before the end.
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A review inside the span
A bank can ask for papers while the chair is empty. The papers have an order.
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If October sits inside
A year can still be changed in the fall. April is late for that conversation.
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Payday while you hire
The provider can be set up. The owner still approves the hours and runs the pay.
Click to see the payday setup ›Tap to see the payday setup ›Weeks inside the span
Six moments between a start you can name and an end you can name. Open one and see what that week still asks.
1Notice week
We read whatever month is still open and list what the bank has not cleared.
The first week is a reading week. Nothing is closed until the open month has been seen.
2First close
We tie the bank to the books and set the open bills and the unpaid invoices beside that tie.
A month that ties is the month a later handback can name. A month that only looks quiet is still open.
3Lender week
We put the papers in the order a reviewer usually asks, and we leave any assuring report off the pile.
Prepared statements can travel. A report on those statements belongs with a firm allowed to sign one.
4October call
We sit with you while there is still time to change a wage, a purchase, or an estimate.
Waiting until April often means meeting a balance the fall could have changed. October is the meeting, when it falls inside.
5Payday setup
Coverage gets the payroll company, the state accounts, and the bank link ready. Hours and the actual pay run stay in your hands.
Coverage can set payday up. Coverage does not stay on the pay run after the handoff.
6Handback page
On the last morning we leave one page. Closed through which month. Still open. Next filing. What you still sign.
The successor should be able to hold that page without a second call to learn where the span stopped.
Counting the paydays
Payday lands on one weekday and then the same weekday again. We count those mornings the way we count the weeks between the two dates you already named, and each of those weeks still gets a close.
The month the year can still move
October is the month a year can still be changed. If that month sits inside the span, the decision meeting sits on the calendar beside the estimate, not after the return has already hardened.
The far side of the end date
The handback is the far side of the end date. The last morning shows what closed and what you still sign, and the next person should be able to read that page without a tour of the shop.
Decisions that stay yours.
Coverage prepares the number. The signature on a hire, a draw, and a lender call stays with the owner. We will lay the choice out so the signature is informed. We will not take the signature.
Three choices come up on almost every span. Who gets hired before the end date. How much the owner takes out while the months are still closing. What the bank is allowed to see before a permanent person starts. Each one can be prepared. None of them leaves the owner.
A short span with clean books and no review date may need a close only. We would rather say the span is too small than stretch a quiet month into a long engagement. Ask us to say so if that is the shape you have.
What this coverage will not sign.
No attest report leaves this practice. No one here stands in for you in an examination. If people are on the payroll, we can line the provider up and hand the run back to you. We never stay on that run.
We also do not start a span whose books cannot close before the end date. An open month with no path to a tie is a different job, and the first call is where we say that.
The file, the logins, and the handback stay with the company when the end date arrives. You can leave on that morning with the page in your hands. The next person should not have to reconstruct the weeks from memory.
A month that still has a name.
Publication 583 is where the record-keeping idea lives. The bank, the checkbook, and the books are reconciled each month. What fails to tie is usually a bank fee, money that arrived after the statement closed, or a check the bank has not paid.
Thirteen weeks of cash, written as rows the owner can edit, is a management sheet for the span. Nobody here files that sheet as a tax form, and nobody here signs it as a forecast. A week in that view names money coming in, money going out, and what remains when both are counted. Rebuild those rows in the week a large deposit lands or a large vendor bill shows up.
The budget is your plan for a year of those same rows. The monthly close is the report card against that plan. You decide which differences deserve a change in spending, pricing, or hiring. We bring the closed month to that conversation.
Mark the last morning
One sentence on the two dates is enough to start.
You will be talking to the Steven Palmieri practice.