Books built for runway, not just records.
Runway models, program-level burn, clinical trial accruals, and books that hold up under investor and auditor scrutiny.
How it usually goes. And how it goes with us.
- ✕ You guess your runway from your bank balance and a gut number for burn.
- ✕ Books are one big 'R&D' bucket and the board can't see where money actually goes.
- ✕ Your CRO invoice lands and a giant lump wrecks the monthly burn picture.
- ✕ Carta says one thing, your balance sheet says another, and the gap shows up in diligence.
- ✕ Audit prep turns into a 60-day fire drill before your next round closes.
- ✕ You wait days for a reply when you have a question.
- ✓ Runway model every month with cash to next milestone and a stress case.
- ✓ P&L split by program so the board sees Program A burn separately from platform spend.
- ✓ Clinical trial accruals booked against the work plan so monthly burn is real.
- ✓ Carta and the general ledger reconcile every month. SAFE conversions and option exercises post when they happen.
- ✓ Books kept audit-ready year-round. The auditor finds the schedules already waiting.
- ✓ Same-day responses. We pick up the phone.
What we handle for life sciences founders.
Runway and burn
Net burn, runway in months, cash to next milestone, and a stress case. Board-ready, same format every month.
Program-level cost tracking
Spend allocated by program, function, and headcount so the board sees where every dollar goes.
Audit and diligence-ready books
Clean books, reconciled cap table, clinical trial accruals booked monthly. When the next round comes, you're ready.
Common questions.
When do I need to switch from QuickBooks to NetSuite? +
Usually when headcount passes 50, you have a foreign subsidiary, or your auditor flags consolidation. Most pre-clinical and Phase 1 companies stay on QuickBooks comfortably.
How do you book a CRO contract we paid upfront? +
It goes on the balance sheet as a prepaid and burns down monthly against the work plan, not the invoice schedule. That keeps your monthly burn honest.
Can you reconcile our Carta to our books? +
Yes, every month. Equity comp, SAFE conversions, warrant activity, and option exercises all tied out to the general ledger.
How responsive are you? +
Same business day, usually faster. Board-prep weeks, we're on it.
Will I understand the reports? +
Yes. Board-ready format. If something needs explanation, we walk you through it before the board meeting.
Get a clean read on burn and runway.
Free 30-minute review for biotech and life sciences founders.
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