Balant AI
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For growing companies, CPA firms and funds

Hand off the close. Keep the final say.

Balant prepares the month-end and quarter-end close, from bank recs to K-1s. Every item waits in your team's queue until someone approves it.

Opens the booking page with your email filled in.

Works in QuickBooks, Xero, NetSuite, Sage Intacct, Excel and Google Sheets.

Illustrative queues. Names and figures are examples.

Six questions every close has to answer.

For each one: what Balant prepares, the workflows involved, and a sample from a company, a CPA firm client or a fund.

Does cash tie in every account?

Balant reconciles every bank, card and custody account at period end, for your own books or for each client. Matched items are marked off. Whatever's left comes to you with the support attached and, where the fix is clear, an entry already drafted.

Workflows involved

  • Bank and custodian activity
  • Cash reconciliations
  • Period-end cutoff

Is revenue booked when it's earned?

Balant spreads each invoice over the period it covers, prorates upgrades, credits and mid-month starts, and drafts the entry for what was earned. Contracts with unusual terms are flagged for your review instead of guessed at.

Workflows involved

  • Subscription revenue schedules
  • Receivables and collections
  • Investment income and realized gains

Is every partner's capital account right?

Balant allocates income, gains, fees and expenses to each partner using the ownership percentages in your records, books calls and distributions against each LP, and rolls every capital account forward. Partner balances are checked against total partners' capital before they reach an investor statement.

Workflows involved

  • Partner capital allocations
  • Capital calls and unfunded commitments
  • Distributions
  • Investor capital statements

Do the entities agree?

A parent and its subsidiaries, or a fund with its GP and management company, each keep their own books, and all of them have to agree. Balant matches what the entities owe each other, translates foreign-currency books at period-end rates, and shows every elimination on the roll-up.

Workflows involved

  • Due to and due from
  • Entity roll-up
  • Foreign-currency books and FX

What changed this month, and why?

Balant compares each period with the last one and with budget, and drafts plain-language notes on what moved. Your team edits and approves every note before it reaches a board, a client or an investor.

Workflows involved

  • Flux commentary
  • Monthly management report
  • Quarterly reporting package

Are the K-1s ready?

Balant fills a Form 1065 Schedule K-1 for every partner from the allocation workbook, for your own funds or your partnership clients. Every value is checked against the workbook before download, and nothing goes to a partner until you send it.

Workflows involved

  • Form 1065 Schedule K-1s
  • Tax-ready trial balances
  • Partner capital allocations

All figures in these samples are illustrative.

Balant does the prep. Your team keeps the judgment.

One close, in three moves.

  1. Balant

    Prepares the close.

    Reconciliations, entries, schedules and reports, drafted in your systems from the period's activity.

  2. Your team

    Answers what's flagged.

    Anything that needs a decision comes to you as a question, with the support attached.

  3. Your team

    Approves and signs off.

    Each item waits in your queue until someone approves it. Then the period is signed.

What lands in your binder: draft journal entries, reconciliations with support, schedules and workpapers, management and investor reports, and Form 1065 K-1s.

  • Your checklist. Balant follows your close checklist and chart of accounts, entity by entity and client by client.
  • Your systems. Entries are drafted in your ledger, and schedules stay in your workbooks.
  • Your sign-off. Nothing is final until someone on your team approves it.

Everything on the close calendar.

What Balant prepares and when it runs, from month-end to year-end. Hand over one workflow or the whole calendar.

Cash and period end

  • Bank and custodian activity

    Brings the period's bank, card, custody and credit-line activity into the ledger, coded to the right entity.

    Runs monthly, quarterly and at year-end.

  • Cash reconciliations

    Ties every bank, card and custody account to the ledger, entity by entity, and lists what's still open.

    Runs monthly, quarterly and at year-end.

  • Period-end cutoff

    Checks that invoices, wires and receipts near period end land in the period they belong to.

    Runs monthly, quarterly and at year-end.

  • Close checklist and sign-off

    Runs your checklist the same way for every entity or client, carries open items forward, and records who prepared and who approved each one.

    Runs monthly, quarterly and at year-end.

  • Catch-up bookkeeping

    Codes and reconciles months of backlog for a new or behind client, so the books are current before the first close.

    Runs as needed.

Revenue and receivables

  • Subscription revenue schedules

    Spreads each invoice over the period it covers, prorates upgrades, credits and mid-month starts, and drafts the entry.

    Runs monthly, quarterly and at year-end.

  • Receivables and collections

    Matches customer payments to invoices, lists what's overdue, and proposes an allowance for your review.

    Runs monthly, quarterly and at year-end.

  • Investment income and realized gains

    Records interest, dividends and realized gains and losses from custodian and portfolio activity.

    Runs monthly, quarterly and at year-end.

Costs and accruals

  • Payroll journals

    Books each pay run from your payroll reports, accrues wages earned but unpaid at period end, and reconciles the payroll liabilities.

    Runs monthly, quarterly and at year-end.

  • Prepaid expenses

    Spreads annual contracts and prepayments over the months they cover and keeps the schedule in step with the ledger.

    Runs monthly, quarterly and at year-end.

  • Unbilled expenses

    Accrues services received but not yet invoiced, from contracts, purchase orders and past bills, and reverses them the next period.

    Runs monthly, quarterly and at year-end.

  • Fund expenses

    Accrues audit, tax, legal and administration costs, and tracks prepaid, organizational and offering costs.

    Runs monthly, quarterly and at year-end.

  • Management fees

    Calculates the fee on committed or invested capital, applies offsets, and drafts the accrual.

    Runs monthly and quarterly.

  • Subscription line interest and fees

    Accrues interest and unused-commitment fees on the fund's credit facility, and books draws and paydowns.

    Runs monthly and quarterly.

  • Management company books

    Keeps the management company's books: fee income from the funds, payroll, rent and vendor bills, reconciled each month.

    Runs monthly, quarterly and at year-end.

Assets, equity and FX

  • Fixed-asset register

    Adds new assets from bills, runs depreciation and lease schedules, and drafts the monthly entries.

    Runs monthly, quarterly and at year-end.

  • Equity compensation expense

    Books option and RSU expense from your cap-table reports, grant by grant, with forfeitures handled.

    Runs monthly, quarterly and at year-end.

  • Foreign-currency books and FX

    Translates foreign subsidiaries and remeasures foreign-currency cash and investments at period-end rates, with the FX effect shown separately.

    Runs monthly, quarterly and at year-end.

Investor capital

  • Capital calls and unfunded commitments

    Drafts each LP's entries from the call notice, clears receivables as cash arrives, and updates unfunded commitments.

    Runs as needed.

  • Distributions

    Splits each distribution across LPs and drafts the entries, using the return-of-capital and gain amounts your team sets.

    Runs as needed.

  • Partner capital allocations

    Allocates income, gains, fees and expenses to each partner's capital account, using the ownership percentages in your records.

    Runs monthly, quarterly and at year-end.

  • Investor capital statements

    Prepares each LP's capital account statement for the quarter and the year from the allocations.

    Runs quarterly and at year-end.

Entities and structure

  • Parallel funds and feeders

    Splits shared deals across parallel funds by commitment, passes results through to each feeder by ownership, and ties each one back.

    Runs quarterly and at year-end.

  • Due to and due from

    Matches balances between related entities, from subsidiaries to funds, GPs and management companies, and drafts the settling entries.

    Runs monthly, quarterly and at year-end.

  • Entity roll-up

    Builds one trial balance across a parent and its subsidiaries or a fund family, with each elimination on its own line.

    Runs monthly, quarterly and at year-end.

Reporting and audit

  • Investment schedule roll-forward

    Rolls cost and fair value for each holding from the period's transactions and the marks your team approves.

    Runs quarterly and at year-end.

  • Flux commentary

    Drafts plain-language notes on what moved against last period and budget, for your team to edit.

    Runs monthly, quarterly and at year-end.

  • Monthly management report

    Assembles the month's income statement, balance sheet, cash flow and key metrics, ready for your team's review.

    Runs monthly.

  • Quarterly reporting package

    Prepares the statements of assets and liabilities, operations and changes in partners' capital, with the schedule of investments, for review.

    Runs quarterly and at year-end.

  • Audit PBC support

    Gathers the schedules, reconciliations and support on your auditor's PBC list, tied back to the ledger.

    Runs at year-end and as needed.

Tax

  • Form 1065 Schedule K-1s

    One filled K-1 per partner from your allocation workbook, each value checked against the workbook before download.

    Runs at year-end.

  • Tax-ready trial balances

    Closes the year and hands your tax preparer an adjusted trial balance with the support behind each balance.

    Runs at year-end.

Due diligence, answered up front.

The questions a CFO, controller or firm partner asks before sharing financial data, answered as things stand today.

Is data encrypted in transit?
Yes
Every connection uses TLS 1.2 or newer, and HSTS is enforced.
Do you have a SOC 2 report?
In progress
Our SOC 2 Type 1 readiness work is underway. We'll share the report once it's issued.
Where is Balant hosted?
AWS
Balant runs on Amazon Web Services in the United States.
How are K-1 values checked?
Before download
Every value on each finished K-1 is checked against your workbook before anything is downloaded.
Who else handles our data?
Disclosed up front
Every service provider that receives data is named in our Privacy Policy, and we go through the list with you before your first engagement.

Have a question that isn't here? Bring it to your sample run.

Quoted for the way you close.

There's no list price. After a sample run on last period's data, you get a quote built from three things.

Schedule a sample run

What your quote is built from

  • Entities or clients

    How many sets of books close each period: your company and its subsidiaries, your firm's clients, or your funds, SPVs, GP and management company.

  • Workflows

    Which items on the close calendar you hand over, from one bank rec to the full close.

  • Volume and cadence

    Transaction volume, how many partners or LPs get statements and K-1s, and whether you close monthly or quarterly.

Talk to the founder.

Every sample run is a 30-minute call with Anthony, who founded Balant. Bring last period's close and the questions your team would ask.

Anthony Tapias

Founder, Balant AI · New York

Runs every sample run, goes through the result with you line by line, and answers your security and data questions directly.

Schedule a sample run

Questions we hear most

What does Balant prepare?

Month-end, quarter-end and year-end close work for growing companies, CPA firms' clients and funds: reconciliations, accruals, revenue and payroll schedules, capital calls and distributions, partner capital, entity roll-ups, management and investor reporting, and audit support, plus Form 1065 Schedule K-1s. The close calendar above lists every workflow.

Which systems does Balant work with?

QuickBooks, Xero, NetSuite and Sage Intacct for the general ledger, and Excel and Google Sheets for schedules and workbooks. Bank, card, payroll, billing, custodian and investor records come from the statements and reports you already produce.

Does anything post to our books without approval?

No. Balant drafts entries, reconciliations and schedules and puts them in your team's queue. Nothing is final until someone on your team approves it.

We're a startup with a small finance team. Is Balant a fit?

Yes. Balant prepares the monthly close in your ledger, from cash reconciliations to revenue schedules, payroll and prepaid expenses, so a controller or fractional CFO reviews it instead of building it. Start with the workflow that takes longest today.

How does Balant work for a CPA firm or fund administrator with many clients?

Each client keeps its own books and checklist, and every prepared item lands in one review queue for your staff. Preparers and reviewers sign off the way they do today, and partnership clients' K-1s come from the allocation workbooks you already keep.

How is our data handled?

Every connection uses TLS 1.2 or newer, with HSTS enforced, and Balant is hosted on AWS. Every service provider that receives data is named in our Privacy Policy, and we go through the list with you before your first engagement. Our SOC 2 Type 1 readiness work is in progress, and we'll share the report once it's issued.

How are K-1s prepared and checked?

Balant fills Form 1065 Schedule K-1s for the 2025 tax year from your allocation workbook, one per partner. Before anything is downloaded, every value on each K-1 is checked against your workbook. The PDFs are finalized for delivery, so a partner sees exactly what your reviewer signed off on, in Preview, Chrome, Adobe Acrobat or any other viewer. Balant never sends anything to a partner: you review the PDFs and decide what goes out. Form 1120-S and Form 1041 K-1s are on the roadmap.

What does it cost?

There's no list price. After a sample run on last period's data, you get a quote built from three things: your entities or clients, the workflows you hand over, and your volume and cadence.

How do we start?

With a sample run. Pick one workflow and share last period's data for it. Redacted copies are fine. We run it, then Anthony, our founder, goes through the result with you on a 30-minute call. If it's a fit, we invite your team.

Start with your last close.

Pick one workflow. We'll run it on last period's data, then Anthony, our founder, goes through the result with you on a 30-minute call.

  1. Pick one workflow.

    Choose the part of the close that takes your team longest: a bank rec, a revenue schedule, a client's catch-up or K-1s.

  2. Share last period's data.

    The workbooks and exports that workflow needs. Redacted copies are fine.

  3. Review it together.

    We go through the output line by line, and you leave with a quote.

Opens the booking page with your email filled in.

Prefer email? Write to contact@flowgenn.com.