How to Include 409a Valuation Service for an Existing Company?

On Eqvista, you can add 409A valuation service to an existing company.

Note: The companies have the following access types – full access, limited view, or full view. You must have full access to add services to the company. 

Add 409a Valuation Service for Existing Company

Whether you’re looking to expand or improve the services of an existing company, this guide will walk you through the simple steps to add 409A valuation service for an existing company on the Eqvista platform. 

Step 1: Log into your account on Eqvista, or create an account if you have not yet signed up.

On the dashboard, click on company name on the left-hand side to get a drop-down menu and select the company you would like to add service.

Step 2: You will be directed to the dashboard of the company you would like to add services to. 

Suppose the company has no 409A valuation, and you would like to add it to the company. On your dashboard, click on “Request 409A Valuation” as shown below.

Step 3: Fill in the details for each field, including valuation date, phone, business nature, approximate annual revenue, and select whether you have a recent funding round from the drop-down menu. 

If “Yes” for had a recent funding round, fill in details such as funding month, price per share, last round funding amount, and select the funding stage from the drop-down menu.

Note: A 409A valuation is applicable for 12 months or year after the valuation date unless there is a significant material event

Once done, click on “Continue to Data Source”.

Step 4: Then, you will be directed to choose the method to connect your financial data – connect to QuickBooks or manual document upload.

Note: You can skip this step and manually enter your financial metrics later. You will be able to manage your Real-Time Valuation data sources in Company Profile Overview > Financial Statements at any time.

In this case, we have selected the option “Connect to QuickBooks”.

Quickbooks Integration

Connect each company’s financials from QuickBooks to build its real-time valuation. QuickBooks is optional, and any company you leave unconnected will use the figures from your import instead.

Note: Connect a company to import its financials and build a real-time valuation automatically. Check out the support article to learn more about connecting QuickBooks in real-time valuation.

Once you click “Connect QuickBooks”, a panel will appear to fill in the period start and period end to pull financial data from QuickBooks for a custom date range.

Once done, click on “Connect & Sync”.

Then, you will be redirected to enter the email or User ID of QuickBooks as shown below.

Once you click “Sign in”, you will be redirected to enter your password and click on “Continue”.

Once you do this, you will be directed to the following page.  By selecting “Connect”, you agree that we can share your QuickBooks Online data with Eqvista.

Then, you will be directed to verify the financial data pulled from QuickBooks for the entered period.

Now, after you have added everything that you wish to add click on “Finish Onboarding”.

Step 5: Once you click “Finish Onboarding”, you will be redirected to the dashboard and a pop-up confirmation message appears along with an option to “Contact Us”.

Step 6: The 409A valuation can be viewed by clicking on “409A Valuation” on the left side of the dashboard or by clicking on “Manage Fair Market Value (FMV)”.

Step 7:All the valuation results will be updated here, and a graph will be shown. 

Note: By clicking on “Add Fair Market Value“, you can add fair market value. To share and edit the fair market value entered, check out the respective support article.

The “TBD” can only be deleted by clicking on “Actions”.

You will receive an email confirming that your request has been successfully submitted along with an option to “Schedule Meeting”.

Step 8: Since QuickBooks has been connected to access your financial data and automatically generate quarterly real-time valuations.

The real-time valuation generated by QuickBooks can be viewed by clicking on “Real Time Valuation” on the left side of the dashboard.

Then, you will be directed to the page displaying the fair market value of real-time valuation and the source as “QuickBooks”.

The QuickBooks integration displays the status “Connected” along with details of the next real time valuation schedule, and an option to “Disconnect”. 

Note: On this page, you can view the real-time valuation graph. To share your real-time valuation report, click on “Share”. Check out the respective support articles to learn more about it.

For more information on Eqvista, check out our support articles or get in touch with us today!