LS
LedgerSpan LMS • GL Bridge
MCA & Alternative Lending Financial Plumbing

Automated Journal Entries & Bank Reconciliation for LendSaaS & QBO

We do both: Automatically post balanced Journal Entries directly into QuickBooks Online and continuously reconcile QBO bank feeds against LendSaaS disbursements with CPA-ready monthly audit workbooks.

✓ 30-day unrestricted trial ✓ No credit card required ✓ Full audit workbook included
ledgerspan-recon-daemon • live audit
STATUS: 100% RECONCILED (0.00 VARIANCE)
LendSaaS Settled Net
$1,842,590.45
↑ 342 Transactions Matched
QBO Bank Feed Deposits
$1,842,590.45
• Multi-MID Batches Split
ACH Returns Processed
$38,412.10
• Auto-Reversed to A/R
TRACE_683921 • Lead: #49102 (Apex Logistics) • Whitelabel: CORE • Sent: $4,200.00 • Settled: $4,120.00 • Fee: $80.00 • QBO JE: #JE-2026-90412 ✓

The Reconciliation Bottleneck

Why standard accounting connectors fail alternative lenders

01

Multi-MID Batch Traps

Processors like USIO, Actum, or PDS deposit lumped batch sums across multiple Merchant IDs on the same banking day. Standard tools cannot disaggregate which sub-portfolio owns which dollar.

02

ACH Return Reversals

When a borrower ACH bounces 3 days later, manual books end up with phantom income and distorted aging reports. LedgerSpan ties the exact return code back to the original funding record.

03

Whitelabel & Lead Routing

Sharing an LMS tenant across partner entities? LedgerSpan applies strict whitelabel isolation rules so partner originations never contaminate your core operating books.

Dual-Function Architecture

Are we posting Journal Entries or reconciling bank feeds? Both.

Here is how the two distinct engines work together to keep your books completely hands-off:

FUNCTION 01 • GENERAL LEDGER AUTOMATION

Automated Journal Entry Posting

Pushes clean, balanced accounting records directly into your QuickBooks Online company file via API:

  • ✓ Daily Settled Advances: Debits Cash/Clearing, Credits Loan Principal & Origination Fee Income.
  • ✓ ACH Return Reversals: Automatically identifies bounced debits and writes reversal entries into Accounts Receivable.
  • ✓ Whitelabel Splits: Isolates partner originations so third-party portfolios never contaminate your balance sheet.
FUNCTION 02 • CASH RECONCILIATION & AUDIT

Daily Bank Feed Reconciliation

Cross-verifies real incoming bank deposits against LendSaaS disbursements to ensure $0.00 cash variance:

  • ✓ Multi-MID Batch Splitting: Unravels lumped processor deposits (USIO, Actum, PDS) down to individual loan IDs.
  • ✓ Bank Feed Auto-Matching: Matches raw banking lines without dropping transactions into "UNKNOWN" buckets.
  • ✓ CPA-Ready Audit Reports: Generates multi-tab Excel workbooks (.xlsx) proving zero discrepancy for month-end close.
STEP 01

Ingest & Deduplicate

Pulls directly from the LendSaaS Partner API across settled, sent, and returned endpoints. Deduplicates by unique transaction ID and handles pagination lockups natively.

STEP 02

Entity Attribution & Split

Cross-references Lead IDs to resolve whitelabel entities, splits syndication fees, and segregates excluded partner originations based on deterministic business rules.

STEP 03

Idempotent QBO Post

Constructs balanced Journal Entries and deposit reconciliations directly via the Intuit QBO API with automated token rotation and error retry queues.

CPA-READY DELIVERABLE

Comprehensive audit workbooks delivered automatically every month

External auditors and CPAs need verifiable evidence, not black-box promises. LedgerSpan exports multi-tab Excel reconciliation workbooks tying every single QBO bank feed deposit directly back to LendSaaS ACH trace numbers.

  • ✓ Audit Summary with variance delta confirmation
  • ✓ Itemized LendSaaS Settled, Sent & Returned tabs
  • ✓ Bank United / QBO feed line-by-line cross-match
  • ✓ Full CSV audit export with Lead IDs and trace numbers
Workbook: LendSaaS_vs_QBO_Monthly_Audit.xlsx Sheet: [Summary]
LendSaaS Total Settled: $2,410,518.20
QuickBooks Bank United Deposits: $2,410,518.20
Net Variance: $0.00
Total Originating Leads: 418 Leads
Excluded Whitelabels (e.g. Kite/Noam): Isolated & Filtered
30-Day Free Trial • No Credit Card Required

Predictable plans for MCA originators & funds

Test LedgerSpan on your live bank feeds and LendSaaS data for 30 days completely free. Replace $3,000+/mo manual bookkeeping and offshore reconciliation errors.

Growth

Emerging Funders

For syndicates and direct funders originating up to $1.5M/mo.

$850 / month
Automated daily QBO Journal Entries
Single processor feed (USIO or Actum)
Daily balanced advance & fee splits
CPA-ready monthly audit workbook
Multi-MID batch splitting
Select Growth Plan
Most Popular

Scale

Active Funds

For active MCA funders handling complex multi-MID settlement batches.

$1,650 / month
Everything in Growth
Up to $5M/mo origination volume
Multi-MID batch splitting (USIO RCC, Actum, PDS)
Automated ACH return & fee reversions
Whitelabel & syndication lead routing
Daily automated cash variance alerts
Start with Scale

Enterprise

Custom Scale

For institutional lenders, credit facilities, and multi-entity fund structures.

Custom
Volume > $5M/month
Multi-company QBO tenant routing
Historical back-reconciliations & ledger cleanup
Dedicated private Slack/Teams channel
Custom warehouse line reporting
Contact for Custom Setup

30-Day Free Trial • Zero Risk: Test LedgerSpan on your live bank feeds and QBO ledger for 30 days before committing. Every trial includes full Chart of Accounts mapping and automated monthly reconciliation workbooks.

Frequently Asked Questions

Technical details & implementation

How does the 30-day free trial work?

We onboard your fund, map your QBO Chart of Accounts, and connect to your LendSaaS Partner API and processor feeds. You receive full automation (daily journal entries and monthly cash reconciliation workbooks) with zero billing or credit card commitment for 30 days.

How does LedgerSpan connect to LendSaaS?

We connect via your LendSaaS Partner API credentials (`X-API-KEY`) using read-only endpoints. We never write back to your LMS or modify underwriting configurations.

How are QuickBooks OAuth tokens secured?

Tokens are managed with enterprise-grade encryption and automated OAuth2 refresh rotation. No plain-text secrets are stored, preventing disconnection during monthly closes.

Can LedgerSpan handle custom chart of accounts?

Yes. Every lender has custom accounts for Loan Principal, Origination Fees, Syndication Payables, and Reserve Accounts. LedgerSpan maps directly to your exact QBO Account IDs.

START 30-DAY FREE TRIAL

Close your books in minutes, not weeks

Start your 30-day free trial or let us audit your current LendSaaS to QuickBooks workflow with zero disruption to daily operations.

40+ Hours Saved
Stop wasting time manually chasing batch variances, unmapped deposits, and bounced debits.
Save $3,000+/mo
Eliminate offshore bookkeeping expenses, manual input mistakes, and expensive CPA cleanup fees.
$0.00 Variance
Every processor batch and ACH return ties directly to LendSaaS disbursements with CPA-ready workbooks.