From Draw Request to Closeout
How developers track every dollar across every entity — from the first lender draw to final project closeout — without spreadsheets, manual assembly, or reconciliation nightmares.
Event Details
Date
May 12, 2026 2:00 PM – 2:45 PM EST
Duration
45 Minutes — Live Demo + Q&A
Format
Virtual · MS Teams · Recording Available After
The Problem
Every draw cycle, you rebuild the same package from scratch.
For most development firms, the path from "invoice approved" to "lender paid" is a manual relay race. Someone pulls numbers from QuickBooks. Someone else gathers invoice backups from email. A third person tracks down lien waivers. And when the project finally closes, producing a final cost reconciliation and owner handover package requires pulling together months of scattered data. There's a better way.
Draw packages assembled by hand
Invoices, lien waivers, and cost summaries gathered manually every draw cycle — 2–4 days of work each time.
No consolidated entity view
Each LLC lives in its own QuickBooks file. Intercompany transactions require manual offsetting entries. Nothing rolls up automatically.
Change orders tracked outside the system
Change order approvals live in email. Cost impacts are entered manually. Budget vs. actual is always a snapshot, never live.
Project closeout is a scramble
Producing a final cost report, owner package, and audit-ready record means hunting through months of files, emails, and spreadsheets.
What You'll See
Every dollar tracked. Every entity consolidated. Every milestone documented.
This is the second in our series for real estate development CFOs and controllers. We'll pick up where Draw Request left off — showing the full project financial lifecycle from entity setup through final closeout, all in one live demo.
→ Multi-Entity Setup & Intercompany Accounting
How entities are configured, how intercompany transactions balance automatically, and what consolidated reporting looks like across all your LLCs
→ Change Order Lifecycle — Approval to Cost Impact
From field request to approved change order to updated project budget — without manual entries or spreadsheet adjustments
→ Draw Request to Lender Package
How approved invoices, lien waivers, and COIs automatically assemble into a submission-ready draw package
→ Project Closeout & Owner Reporting
Final cost reconciliation, retainage release, and the handover package your owners and auditors actually need
→ Live Q&A
Bring your hardest questions about your specific entity structure or project accounting setup
Who Should Attend
Built for CFOs, Controllers, and Staff Accountants at real estate development firms managing multiple entities, active construction projects, and lender relationships. If you attended our April session, this is the natural next step — we go deeper on the full project lifecycle.