LevelBench-100: The Open Agentic Accounting, QuickBooks Close & Fractional CFO Benchmark

Foot in-period uncategorized QBO bank-feed outflows while excluding prior-period closed items and voided checks, hold unverified paper checks lacking check images, separate explicit processor fees from settlement batches, and reclassify owner draws, credit-card liability paydowns, and payroll clearing.

Embedded Ledger Distractor Trap: Includes a prior-period August check ($1,200.00) and a voided September check ($0.00) that must be excluded from the 9 posted September outflows ($54,925.00), plus 3 paper checks ($20,200.00) without check attachments that must be held rather than guessed.

Detect open A/P vendor bills that were paid via unlinked direct-expense bank purchases (expensing the cost twice while leaving A/P open), separating exact/fee-tolerance matches from partial paydowns and flagging tied-amount ambiguities without guessing.

Embedded Ledger Distractor Trap: Embeds a bank purchase already linked to a QBO BillPayment and a pre-bill purchase predating the vendor invoice; models must match the $46,700.00 wire ($46,500.00 bill + $200.00 wire fee), apply the $10,000.00 partial paydown to the oldest open bill, and hold the tied $3,200.00 dairy bills.

Reconcile a wholesale buyer ACH remittance deposit against open A/R invoices where the remittance advice deducts contractual promotional allowances and early-pay cash discounts across covered invoices while holding any unreferenced wire overpayment in Unapplied Customer Cash.

Embedded Ledger Distractor Trap: Buyer ACH deposit ($42,842.50) settles three covered invoices ($43,500.00 gross) net of a 3.5% promotional allowance ($1,522.50) and 1.0% early-pay discount ($435.00), leaving $1,300.00 in Unapplied Cash while keeping unreferenced invoice INV-4039 ($22,000.00) open.

Reconcile September 2026 Operating Checking (4102) between the authoritative PDF bank statement and QBO General Ledger, isolating duplicated QBO deposits, unrecorded bank wire fees, and legitimate uncleared checks in register float.

Embedded Ledger Distractor Trap: QBO GL ending balance ($148,130.45) differs from the PDF bank statement ($142,880.45) due to a duplicated $6,400.00 deposit, an unrecorded $150.00 wire fee, and $1,300.00 in legitimate uncleared check float.

Identify annual insurance and fleet telematics prepayments in QBO, compute straight-line monthly amortization for September 2026, calculate cumulative catch-up amortization through period-end, and reconcile the ending Prepaid Expenses asset balance.

Embedded Ledger Distractor Trap: Requires straight-line full-month amortization across two annual policies ($18,000 General Liability starting April 1 and $9,600 Fleet Telematics starting July 1) with separate journal entries per missed month.

Bridge September 2026 cash-basis QBO Net Income to GAAP Accrual Net Income by recognizing completed-but-unbilled September field jobs, deferring upfront customer deposits for future-period installations, accruing working-day prorated subcontractor invoices across cutoff, and booking monthly fleet depreciation.

Embedded Ledger Distractor Trap: Includes an October-completed field job ($11,000.00) and a September-completed deposit ($5,000.00) as distractors alongside $28,500.00 in September unbilled WIP, $19,000.00 in November deferred deposits, 4/10 working-day subcontractor proration ($3,600.00), and $4,150.00 fleet depreciation.

Reconcile intercompany Due From/Due To balances between CompanyCo Summit MSO LLC and CompanyCo Summit Clinical PC (catching unrecorded month-end management fees and shared payroll allocations on the Clinical PC books), and reconcile the Owner Sweep Protection liability without double-counting direct distribution transfers.

Embedded Ledger Distractor Trap: Eliminates a $20,700.00 MSO-to-Clinical PC intercompany imbalance ($14,500.00 management fee + $6,200.00 shared Rippling payroll) and restores the $7,600.00 Owner Sweep liability without double-counting the $2,800.00 direct transfer.

Compute FIFO landed unit cost (capitalizing inbound ocean freight and customs duties into inventory while excluding outbound customer delivery shipping), calculate FIFO COGS for shipped units, isolate physical warehouse shrinkage, and reconcile against QBO posted COGS.

Embedded Ledger Distractor Trap: Separates capitalizable inbound ocean freight and customs duty ($4,800.00, raising September FIFO unit landed cost from $40.00 to $44.00 under ASC 330) from outbound customer delivery shipping ($1,800.00 period expense) and isolates 30 units of warehouse shrinkage ($1,320.00).

Reconcile September GAAP Net Income to Operating Cash Flow via D&A and Working Capital deltas (AR, Inventory, Prepaid, AP, Deferred Revenue), then compute ending 13-week cash and covenant headroom under Base Case vs. a 30-day Commercial A/R delay stress scenario.

Embedded Ledger Distractor Trap: Applies correct indirect working-capital cash signs (-Delta AR, -Delta Inventory, -Delta Prepaid, +Delta AP, +Delta Deferred Revenue = +$17,000.00 NWC cash impact) and tests a $135,000.00 commercial AR delay against a $100,000.00 cash covenant floor.

Compute fully loaded Customer Acquisition Cost (including paid media, agency retainers, and sales commissions), contribution margin per order net of COGS, fulfillment, and 2.9%+$0.30 payment processing fees, LTV:CAC ratio, and orders/months to payback.

Embedded Ledger Distractor Trap: Computes fully loaded CAC ($120.00 across 400 new customers from $48,000.00 total acquisition spend) and deducts Stripe processing fees (2.9% + $0.30 = $3.78/order) to reach $65.00 contribution margin per order and 5.42x LTV:CAC.

Construct a source-pinned TTM Quality of Earnings (QoE) EBITDA bridge for an SMB contractor, normalizing for excess owner compensation, personal family auto/travel on the company card, one-time legal settlement, unrecorded warranty reserve, and non-operating ERC grant income.

Embedded Ledger Distractor Trap: Rejects a seller-proposed $14,000.00 add-back for recurring QuickBooks and Field CRM software licenses while normalizing excess owner W-2 pay (+$150,000.00), personal boat/travel (+$42,500.00), one-time wage settlement (+$35,000.00), ERC grant income (-$65,000.00), and warranty reserve (-$24,000.00).

Audit a candidate CEO monthly review slide deck and companion Excel workbook against Level's deterministic deliverable gates: rejecting hardcoded Excel total cells, catching unplotted/unpinned prose claims, enforcing one-message-per-slide headline limits, banning AI/model-attribution strings and em-dashes, and preserving collaborative operator tone.

Embedded Ledger Distractor Trap: Catches hardcoded prior-month total cell E14 ('231400') in the companion Excel workbook and blocks Slide 2 for citing an unpinned $84,200 figure (source-pinned total is $54,925.00), naming an AI model, using banned punctuation, and violating collaborative operator tone.