GrowthPlan offers the GrowthPlan® Cloud Schedule Manager, a SaaS tool that automates GAAP expense recognition and depreciation scheduling for QuickBooks Online users. It auto‑detects prepaid expenses, asset purchases, and vendor credits, then creates customizable monthly schedules, handling prorations, rounding errors, and alerts for missing transactions. The platform supports both small businesses and accounting firms, with features for multi‑entity management and client portals.
Funding
Funding not disclosed
Founders
Product
Problem
Small businesses and accounting firms often manage GAAP expense and depreciation schedules manually in Excel and create journal entries in QuickBooks, leading to time‑consuming errors and missed transactions.
Solution
GrowthPlan’s Cloud Schedule Manager (CSM) connects directly to QuickBooks Online to import prepaid expenses, asset purchases, and vendor credits. It automatically generates monthly expense recognition and depreciation schedules using straight‑line, SYD, or DDB methods, with options to prorate partial months and resolve rounding discrepancies. Users can review, customize, and manually adjust schedules as needed, while the system tracks expected recurring purchases and alerts when transactions are missing or differ from expectations. The platform eliminates manual spreadsheet work and journal entry creation, streamlining GAAP compliance for both single‑entity businesses and multi‑entity accounting teams.
Target Audience
Primary customers are small to midsize businesses that need automated GAAP scheduling and accounting firms managing multiple client entities.
Features
- Auto‑detects new prepaid expenses, fixed assets, and vendor credits in QuickBooks Online
- Generates GAAP‑compliant expense recognition schedules with customizable monthly spreads
- Creates depreciation schedules using Straight‑Line, Sum‑of‑the‑Years‑Digits, or Double‑Declining Balance methods
- Prorates expenses for partial first and last months and automatically resolves rounding errors
- Alerts users to missing or mismatched recurring transactions
- Allows manual tweaking of schedules and supports unlimited scheduled items in Pro plan
- Multi‑entity support with client portal for accounting firms and team member assignment