COUNTERPARTY MULTILATERAL NOVATION RELEASE // U.S. GAAP ASC 405-20-40-1
Heavy Crane & Rigging Supplier (Participant F)
Invite Token: inv_tx_alamo_lumber_65k • ERP: QUICKBOOKS_ONLINE
AWAITING COUNTERPARTY SIGN-OFF
VERIFIED 3-PARTY CIRCULAR PAYABLE OFFSET
Participant B (Steel Supplier) and Participant D (Electrical Subcontractor) have a verified $35,000.00 circular payable offset waiting for Participant F (Heavy Crane & Rigging Supplier). When Participant F connects QuickBooks read-only, an additional $105,000.00 across the 3-party loop is extinguished with $0.00 of bank cash.
Connected Counterparties Ready to Sign: Structural Steel Supplier (Participant B) • Electrical Subcontractor (Participant D)
Your Payable Extinguished ($0 Cash)
$35,000.00
Simultaneous AP & AR reduction (Δ Net Equity = $0.00)
Total 3-Party Loop Cleared
$105,000.00
3 participants × $35,000.00 bottleneck
Cash Custody & Success Fee
$0.00 Wire
1.00% fee ($350.00) • Saves $700.00 credit interest
LOCAL 2-EDGE BOUNDARY PROOF (RFC 9497 OPRF)
Your private vendor and customer lists are never uploaded. You attest only to your two local boundary edges:
Incoming Receivable Surrendered:
−$35,000.00 AR
Outgoing Payable Extinguished:
−$35,000.00 AP
Non-Adjacent Identities Revealed:
0 Entities
MICROSOFT Z3 & U.S. GAAP ASC 405-20-40-1 ATTESTATION
By clicking sign below, you consent to multilateral debt release under U.S. GAAP ASC 405-20-40-1 and non-custodial bookkeeping setoff under FinCEN 31 CFR § 1010.100(ff)(5).
Active Cluster Certificate: CERT-Z3-ASC40520-3A44D72FE8A2
Z3 Formal Proof Status: VERIFIED_QED (5/5 Theorems)
Cluster Total Extinguished: $365,000.00
✓ 3-PARTY LOOP CLOSED & VERIFIED BY MICROSOFT Z3 (CERT-Z3-ASC40520-3A44D72FE8A2)
Heavy Crane & Rigging Supplier (Participant F) signed the multilateral release. Additional $105,000.00 extinguished across the 3-party loop ($470,000.00 total cluster payables cleared with $0.00 bank cash).