The banking pack: monthly lender reporting from the ledger

One bound, source-stamped PDF instead of a folder of attachments. Draft until a person approves it.

Clients with an operating line report to their lender monthly: statements, receivable and payable listings, a borrowing-base calculation, a compliance certificate. Larch assembles that package from the same committed ledger snapshot every other report reads, so the pack can never disagree with the statements it contains.

What is in the pack

1. Cover. Borrower, period, review status, a key-points grid (net income, margined value, line usage, surplus, receivables, payables) and the movement since the prior month end. Built to be scanned in fifteen seconds.
2. Notes and methodology. Sources, snapshot timestamp, statement basis, aging basis, the borrowing-base methodology, and every deduction rule stated plainly. Disclosures live here, readable, not in tiny footers.
3. Statements. P&L summary and detail, and a one-page balance sheet. Empty pre-conversion columns are dropped automatically.
4. Banking ratios and covenants. Draft lender support: borrowing-base cushion, current ratio, leverage and concentration. Covenant formulas render as pending until they are confirmed against the client's credit agreement.
5. Receivable and payable lender summaries. Top exposures with the long tail aggregated, aging with percentages, credit balances split out. Full listings stay in Larch.
6. The borrowing-base calculation. The margining waterfall with the insured greater-of test shown per buyer, itemized priority payables, contra and related-party treatment, and the drawn amount keyed from the LOC statement.
7. Compliance certificate slot and sign-off. The signed certificate is embedded when uploaded; until then the pack carries an explicit "do not submit" placeholder. The final page is a controlled-document sign-off.

Running it each month

1. Wait for the month close in the accounting system.
2. Refresh the connection. The snapshot timestamp on the pack confirms the close landed.
3. Confirm the current insured-buyer list from the credit insurer, if the client margins insured receivables.
4. Key the drawn amount from the LOC statement — the ledger balance is the fallback, and the pack states which source it used.
5. Review the pack page: key points, movement, ratios, and the warnings. Larch names anything it is unsure about rather than hiding it.
6. Approve, export the bound PDF, attach the signed certificate, and submit.

Nothing goes to a lender by itself. Every pack renders as Draft, review pending until the reviewing firm approves the period — and the status is printed on every page, so a draft can never pass as a final.

Larch · This manual describes the platform as deployed; when in doubt, the live preview and coverage warnings in the product are authoritative.