Accounting operations & close
Defined accounting responsibilities, account reconciliations, close management, billing and deferred-revenue schedules, management reporting, and controller-level review.
Client Accounting Services
Technology & SaaS
Build a finance function that keeps pace with the business.
We help established software, SaaS, and technology companies strengthen the close, organize revenue and operating reporting, coordinate business tax, and prepare for important financial milestones.
When this relationship may fit
Built for established operating companies that need a stronger finance process.
This service is designed for privately held software, SaaS, and technology-enabled companies with customers, recurring operating activity, and an ongoing need for accounting, reporting, and business-tax support.
It is not a capital-raising, legal, or cap-table administration service. The strongest fit is a company seeking a dependable finance function and direct CPA involvement around specific business needs.
Often a strong fit when
- The monthly close is delayed or requires recurring cleanup.
- Billing, contract, deferred-revenue, and accounting records do not consistently align.
- Management needs a more dependable view of revenue, cash, operating expenses, and selected business metrics.
- The company needs controller-level oversight without replacing its leadership team.
- Multistate activity or product development has increased business-tax complexity.
- A lender, prospective investor, or potential buyer will expect organized financial information.
How we can support the financial function
Connect the close, operating reporting, business tax, and financial readiness.
Each engagement is shaped around the company's revenue model, contracts, systems, current team, reporting needs, tax profile, and timing.
CFO-level reporting & advisory
Cash-flow, budget-to-actual, revenue, expense, and selected operating-metric reporting designed around the information management uses to run the company.
Client Accounting ServicesBusiness tax planning & compliance
Entity tax compliance, projections, multistate analysis, and evaluation of potentially applicable research and development tax provisions based on the company's facts, records, and applicable law.
Business TaxSeller-side financial readiness
Organization of historical financial information, seller-side earnings analysis, working-capital schedules, data-room preparation, and transaction-related tax coordination for a contemplated company sale.
Transaction Advisory
How the engagement begins
Start with the revenue model, systems, team, and next milestone.
Understand the company
Review the products and services, customer and contract model, billing process, systems, accounting team, management reporting, tax footprint, and known external deadlines.
Assess the current process
Examine how contracts, billings, cash activity, deferred-revenue schedules, account reconciliations, reporting, and tax information currently come together.
Define responsibilities and timing
Agree on a written scope, division of responsibilities, close and reporting schedule, management approvals, transition needs, deliverables, and fee.
Perform and review the agreed work
Complete the accounting, reporting, tax, or seller-side readiness responsibilities included in scope and discuss the resulting information with management.
Illustrative engagement
Recurring revenue has grown faster than the close and reporting process.
An established SaaS company has a growing customer base, annual and monthly contracts, and billing data maintained outside the general ledger. The close is slow, deferred-revenue schedules require manual work, and management wants more consistent cash and operating reporting before discussions with a lender. A possible engagement could define the close, reconcile billing and accounting records, maintain agreed management schedules, establish a recurring reporting package, and coordinate the business-tax calendar. Company management would remain responsible for contract interpretation, accounting decisions, forecasts, and lender submissions.
Professional accountability
Professional work with clear responsibility.
Established in 2005, John W. Halloran CPA, P.C. is a licensed New York CPA firm serving privately held companies across Long Island and the New York metropolitan area.
Managing-partner supervision
John W. Halloran, CPA founded the firm in 2005 and supervises all professional work.
Management responsibility
Company management retains responsibility for contracts, accounting policies and judgments, forecasts, operational data, financial statements, internal controls, approvals, and business decisions.
External roles remain separate
Attorneys, investors, lenders, valuation professionals, brokers, and transaction advisers remain responsible for their respective work. A separate CPA firm performs any required external financial-statement audit.
Before we begin
What types of technology companies are the strongest fit?
The strongest fit is generally an established privately held software, SaaS, or technology-enabled company with customers, recurring operating activity, and an ongoing need for accounting, reporting, and business-tax support. The relationship is centered on the company's continuing finance and tax needs, not capital raising.
Can you work with our current accounting, billing, and subscription systems?
Yes. We begin with the current team, systems, integrations, and source data. We assess whether they can support the agreed close and reporting process before recommending any change, and any transition work is separately scoped.
Can you help with deferred revenue and ASC 606?
A scope may include organizing contract, billing, and revenue data; maintaining management schedules; and helping management analyze revenue-recognition questions. Company management remains responsible for contract interpretation, accounting policies, judgments, and financial statements. If an external financial-statement audit is required, a separate CPA firm performs and issues the audit.
Can you determine whether we qualify for an R&D tax credit?
We can evaluate potentially applicable federal and state research and development tax provisions based on the company's activities, contemporaneous records, payroll and contractor information, and applicable law. Eligibility and the supportable amount depend on the specific facts; no credit is assumed in advance.
Do you manage fundraising or our cap table?
No. We do not raise capital, solicit investors, provide securities or legal advice, negotiate financing, or administer the cap table. We can prepare agreed management reporting and organize accounting and tax information for the company's leadership and outside advisers.
Can you help if the owners are considering a sale?
We can provide seller-side financial and tax preparation for a contemplated company sale, including organization of historical information, earnings analysis, working-capital schedules, and data-room support. We do not advise buyers, market the company, determine value, negotiate terms, or execute the transaction.
Tell us where the finance process needs to catch up.
Share the company's operating model, current team and systems, reporting or tax need, and any lender or sale-related deadline. We review each inquiry and generally respond within one business day with the appropriate next step.
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