Review period-over-period variances and add explanations
| Account | Aug 2026 Actual | Sep 2026 Actual | Variance | % Change | Materiality | Explanation | Status | Assignee |
|---|---|---|---|---|---|---|---|---|
| $9,062,439.00 | $8,889,199.18 | -$173,239.82 | -1.9% | |||||
| 10100·Mercury Checking | $1,564,659.42 | $1,592,201.42 | +$27,542.00 | +1.8% | – | – | LB Lucas | |
| 10200·Mercury Treasury | $6,241,102.80 | $5,791,102.80 | -$450,000.00 | -7.2% | – | – | – | |
| 10300·Barclays GBP Operating | $670,519.79 | $856,810.78 | +$186,290.99 | +27.8% | Needs Attention | – | ||
| 11000·Accounts Receivable | $123,657.05 | $145,346.05 | +$21,689.00 | +17.5% | Needs Attention | – | ||
| 11500·Unbilled Revenue | $73,500.00 | $110,250.00 | +$36,750.00 | +50.0% | Needs Attention | – | ||
| 12100·Prepaid Expenses | $36,772.60 | $58,389.03 | +$21,616.43 | +58.8% | Needs Attention | – | ||
| 12200·Prepaid Insurance | $4,500.00 | $0.00 | -$4,500.00 | -100.0% | – | – | – | |
| 12500·Deferred Commissions | $48,739.60 | $45,475.20 | -$3,264.40 | -6.7% | – | – | – | |
| 15000·Fixed Assets – Computer Equipment | $239,178.00 | $239,088.00 | -$90.00 | -0.0% | – | – | – | |
| 15100·Fixed Assets – Furniture & Fixtures | $54,000.00 | $54,000.00 | $0.00 | 0.0% | – | – | – | |
| 15200·Leasehold Improvements | $120,000.00 | $120,000.00 | $0.00 | 0.0% | – | – | – | |
| 15900·Accumulated Depreciation | $-169,690.26 | $-178,964.10 | -$9,273.84 | -5.5% | – | – | – | |
| 17000·Security Deposits | $55,500.00 | $55,500.00 | $0.00 | 0.0% | – | – | – | |
| $788,138.29 | $795,217.96 | +$7,079.67 | +0.9% | |||||
| 20000·Accounts Payable | $25,405.36 | $68,300.00 | +$42,894.64 | +168.8% | Needs Attention | – | ||
| 20500·Brex Card | $32,674.94 | $48,962.00 | +$16,287.06 | +49.9% | Needs Attention | – | ||
| 21000·Accrued Liabilities | $6,300.00 | $52,350.00 | +$46,050.00 | +731.0% | Needs Attention | SA Sofia | ||
| 21200·Accrued Commissions | $0.00 | $6,500.00 | +$6,500.00 | New | Needs Attention | – | ||
| 21500·Payroll Liabilities | $150,661.45 | $152,233.87 | +$1,572.42 | +1.0% | – | – | – | |
| 23000·Deferred Revenue | $581,400.00 | $480,300.00 | -$101,100.00 | -17.4% | Needs Attention | PR Priya | ||
| 24000·Due to Northwind US | $-8,303.46 | $-13,427.91 | -$5,124.45 | -61.7% | Needs Attention | – | ||
| $9,146,141.87 | $9,146,141.87 | $0.00 | 0.0% | |||||
| 30000·Common Stock | $1,250.00 | $1,250.00 | $0.00 | 0.0% | – | – | – | |
| 31000·Additional Paid-In Capital | $41,850,000.00 | $41,850,000.00 | $0.00 | 0.0% | – | – | – | |
| 32000·Retained Earnings | $-32,705,108.13 | $-32,705,108.13 | $0.00 | 0.0% | – | – | – | |
| $497,145.88 | $488,450.00 | -$8,695.88 | -1.8% | |||||
| 40110·Subscription Revenue | $412,000.00 | $428,500.00 | +$16,500.00 | +4.0% | Subscription revenue +$16.5K (+4.0%): full month of Silverline Insurance (started Aug 1) plus self-serve growth of 3.6%. | Approved | PR Priya | |
| 40120·Usage Revenue | $38,200.00 | $41,950.00 | +$3,750.00 | +9.8% | – | – | – | |
| 40200·Professional Services Revenue | $22,500.00 | $18,000.00 | -$4,500.00 | -20.0% | Professional services down $4.5K: Northstar implementation completed in August; Silverline onboarding is billed on milestones. | AI Draft | PR Priya | |
| 70000·Interest Income | $24,445.88 | $0.00 | -$24,445.88 | -100.0% | Interest income is $0 in September because Mercury credited Sep interest on Oct 1; it sits in Cash Reconciliation › Action needed and should be booked to Sep via a rule-based quick entry. | Draft | LB Lucas | |
| $585,764.47 | $670,807.04 | +$85,042.57 | +14.5% | |||||
| 50000·COGS – Hosting & Infrastructure | $61,295.89 | $32,331.51 | -$28,964.38 | -47.3% | Needs Attention | – | ||
| 50100·COGS – Third-Party Software | $3,565.56 | $0.00 | -$3,565.56 | -100.0% | – | – | – | |
| 51000·Customer Support | $28,400.00 | $28,900.00 | +$500.00 | +1.8% | – | – | – | |
| 51500·Payment Processing Fees | $6,084.71 | $6,595.39 | +$510.68 | +8.4% | – | – | – | |
| 61000·Payroll – Engineering | $142,000.00 | $160,000.00 | +$18,000.00 | +12.7% | Needs Attention | – | ||
| 61200·Software Licenses | $13,609.36 | $45,051.52 | +$31,442.16 | +231.0% | Needs Attention | – | ||
| 61300·Contractors – Engineering | $11,800.00 | $0.00 | -$11,800.00 | -100.0% | Needs Attention | – | ||
| 62000·Payroll – Sales | $88,000.00 | $103,000.00 | +$15,000.00 | +17.1% | Needs Attention | – | ||
| 62100·Payroll – Marketing | $31,000.00 | $31,000.00 | $0.00 | 0.0% | – | – | – | |
| 62200·Advertising | $24,500.00 | $31,200.00 | +$6,700.00 | +27.4% | Advertising rose $6.7K (+27%): Google Ads spend increased for the Q4 pipeline push ($18.7K vs $14.7K) and LinkedIn Ads ran the SaaStr pre-event campaign ($12.5K vs $9.8K). | AI Draft | PR Priya | |
| 62400·Sales Commissions | $3,230.80 | $9,727.60 | +$6,496.80 | +201.1% | Needs Attention | – | ||
| 62500·Sales & Marketing Software | $7,672.48 | $3,452.06 | -$4,220.42 | -55.0% | – | – | – | |
| 63000·Payroll – G&A | $54,000.00 | $66,000.00 | +$12,000.00 | +22.2% | Needs Attention | – | ||
| 63200·Payroll Taxes & Benefits | $51,135.79 | $51,663.05 | +$527.26 | +1.0% | – | – | – | |
| 63300·Professional Fees | $9,800.00 | $16,000.00 | +$6,200.00 | +63.3% | Professional fees up $6.2K: Kessler Andrews FY2026 interim fieldwork ($8.0K) started in September; Harbor & Vale legal accrual $8.0K vs $6.3K for Series C diligence prep. | Draft | PR Priya | |
| 63400·Recruiting | $0.00 | $24,000.00 | +$24,000.00 | New | Recruiting $24.0K vs $0: Talentbridge placement fee for the Staff Engineer hire (bill TALE-260922). | AI Draft | SA Sofia | |
| 64000·Rent & Facilities | $23,277.20 | $25,598.40 | +$2,321.20 | +10.0% | – | – | – | |
| 64100·Office Supplies | $998.54 | $1,189.72 | +$191.18 | +19.1% | – | – | – | |
| 64200·Insurance | $4,500.00 | $4,500.00 | $0.00 | 0.0% | – | – | – | |
| 64300·Travel | $5,460.30 | $15,957.33 | +$10,497.03 | +192.2% | Travel up $9.2K for the September sales kickoff in Austin (United + Hyatt group bookings). One-time; October expected to return to ~$5K. | Approved | LB Lucas | |
| 64400·Meals & Entertainment | $2,297.88 | $1,371.38 | -$926.50 | -40.3% | – | – | – | |
| 64500·Software & Subscriptions – G&A | $3,374.71 | $3,508.80 | +$134.09 | +4.0% | – | – | – | |
| 64600·Telecom & Internet | $509.41 | $512.44 | +$3.03 | +0.6% | – | – | – | |
| 64700·Bank Fees | $-45.00 | $-45.00 | $0.00 | 0.0% | – | – | – | |
| 64800·Depreciation Expense | $9,296.84 | $9,292.84 | -$4.00 | -0.0% | – | – | – | |