Bank, card, accounting, invoicing, payroll, and other source-system access is established at the permission level required for the work.
How Institution works
From your first conversation to your next close.
Start with a shared plan. Establish access and responsibilities, then follow a regular schedule for close, reporting, and review.
01
Intro
The first conversation maps the company, current providers, open issues, and the responsibilities you want Institution to coordinate.
- What we start with
- Your entity and provider snapshot
- Who leads
- Institution advisor
- What you receive
- Package fit and sequencing recommendation
02
Onboarding
Onboarding establishes the source systems, access boundaries, reporting baseline, service calendar, and named ownership for recurring work.
- What we start with
- Access to source records and providers
- Who leads
- Institution onboarding
- What you receive
- Chart of accounts baseline, calendar, and responsibility map
03
Monthly close
Recurring records are collected, accounts are reconciled, exceptions are assigned, and the close moves through review before reporting is released.
- What we start with
- Bank, card, and provider records
- Who leads
- Institution bookkeeper
- What you receive
- Reviewed close and reporting pack
04
Quarterly review
Quarterly review connects the accounting record to operating questions that are larger than one monthly close.
- What we start with
- Reviewed statements and business context
- Who leads
- Institution controller or advisor
- What you receive
- Operating review, cash-planning framework, and action list
05
Year-end
Year-end work packages the reviewed operating record, open tax questions, prior-year continuity, and supporting evidence for the appropriate tax professional.
- What we start with
- Closed year and tax posture
- Who leads
- Institution and licensed tax professional
- What you receive
- Tax handoff and readiness confirmation
Before the first close
A shared starting point.
During onboarding, we agree on the systems, people, records, and reporting that recurring work depends on.
The chart of accounts and reporting structure are reviewed against the way the business actually operates.
Recurring work is assigned to a named owner on the client side, Institution side, or an external professional.
Known annual reports, tax handoffs, franchise-tax dates, and other recurring obligations are placed on a shared calendar.
The monthly statements and management views to be delivered are agreed before the first recurring close.
Older-period cleanup is separated from current recurring work so one does not quietly disrupt the other.