QB Series 2

Profit & Loss Program

Designed to offer an alternative to the Bank Statement program.

Documentation

  • Profit and Loss covering previous 12 months valid if dated within 90 days if close.
    • Reviewed by appropriate third party, such as an independent accountant.
  • Proof third party reviewer is licensed or certified.
  • Evidence business has been in operation for 12 months or greater.

Important Reminder: To complete the “review”, the appropriate 3rd party must sign and date the profit and loss along with a statement attesting to the accuracy of the profit and loss statement.

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