“GSA Focus added us $26.8M in revenue over 4 years” – Ted M., Cask

Financial Statements

The GSA requires your Balance Sheet and Profit/Loss Statement from the past 2 years.

Important Notes:

  • Tax Returns are NOT accepted by GSA
  • If the year just rolled over, then you are not required to have the previous years financials until April – so the two years before the previous are needed (Example: on Feb 15, 2021, you would send over 2018 & 2019 Financials, because 2020 are still likely being prepared).
  • I normally recommend submitting your financials as you handle them internally (either Cash or Accrual Basis). The GSA Financials Analysts may require Accrual Basis later in the process.

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