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SECURITIES AND EXCHANGE COMMISSION
 WASHINGTON, D.C. 20549
 FORM 10-Q/A
 AMENDMENT NO. 2
QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
 For the Quarterly Period Ended March 31, 2006
 Commission file number 000-25959
 Goldleaf Financial Solutions, Inc.
 (f/k/a Private
Business, Inc.)
(Exact name of registrant as specified in its charter)
 Tennessee
    
    62-1453841(State or other jurisdiction of
    
    (I.R.S. Employerincorporation or organization)
    
    Identification No.)9020 Overlook Blvd., Brentwood, Tennessee
    
    37027(Address of principal executive offices)
    
    (Zip Code)
 (615) 221-8400
(Registrants telephone number, including area code)
  þ o
  o o þ
  o þ
  Class
    
    Outstanding as of July 14, 2006Common Stock, no par value
    
    15,913,723 shares




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GOLDLEAF FINANCIAL SOLUTIONS, INC.
 Form 10-Q/A
Amendment No. 2
For Quarter Ended March 31, 2006
 EXPLANATORY NOTE
   INDEX
 Page No.Part I  Financial Information
    
    3Item 4    Controls and Procedures
    
    3Item 6    Exhibits
    
    4Signatures
  2




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Part I
 Financial Information
 Item 4. Controls and Procedures.
     
    
    After we determined that we needed to strengthen our internal controls in
connection with acquisitions, in April 2006 we gave our executive vice president
of finance and strategy, Scott R. Meyerhoff, the specific task of reviewing and
analyzing all
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accounting aspects of the acquisitions we may pursue and close in the future. Mr.
Meyerhoff was executive vice president and chief financial officer of Infor Global
Solutions, Inc., a global provider of enterprise software solutions, from April
2004 until May 2005 and served as chief financial officer for InterCept, Inc. from
January 1998 until March 2004. Mr. Meyerhoff is a certified public accountant and
has extensive experience in accounting for mergers and acquisitions.
 
    
    We have increased the time allocated to review our acquisitions.
    
    We have determined to seek additional outside financial expertise from an
accounting firm, other than our independent registered public accounting firm,
with appropriate expertise in these matters. We intend to use this firm to
assist with our determination of which financial statements, if any, are required
to be filed with the SEC in connection with any acquisitions we close, and with
the preparation, review and filing with the SEC of any such required financial
statements and related reports.
   Item 6. Exhibits
  ExhibitNo.
    
    
    
    Description3.1
    
    
    
    Amended and Restated Charter of the Company (incorporated by reference to
Exhibit 3.1 to the Companys Registration Statement on No. 333-75013 Form S-1).3.2
    
    
    
    Amended and Restated By-laws of the Company (incorporated by reference to
Exhibit 3.2 to the Companys Registration Statement on No. 333-75013 Form S-1).10.1
    
    
    
    Stock Purchase Agreement dated January 23, 2006 among Private Business, Inc. and
the Stockholders of Goldleaf Technologies, Inc. (incorporated by reference to
Exhibit 2.1 to Private Business, Inc.s Current Report on Form 8-K filed with
the Securities and Exchange Commission on January 24, 2006).10.2
    
    
    
    Amended and Restated Credit Agreement dated January 23, 2006 between Private
Business, Inc. and Bank of America, N.A. (incorporated by reference to Exhibit
10.1 to Private Business, Inc.s Current Report on Form 8-K filed with the
Securities and Exchange Commission on January 26, 2006).10.3
    
    
    
    Guaranty Side Letter dated January 23, 2006 between Private Business, Inc., The
Lightyear Fund, L.P. and Lightyear PBI Holdings, LLC (incorporated by reference
to Exhibit 10.2 to Private Business, Inc.s Current Report on Form 8-K filed
with the Securities and Exchange Commission on January 26, 2006).10.4
    
    
    
    Exchange Agreement dated January 23, 2006 between Private Business, Inc. and
Lightyear PBI Holdings, LLC (incorporated by reference to Exhibit 10.3 to
Private Business, Inc.s Current Report on Form 8-K filed with the Securities
and Exchange Commission on January 26, 2006).10.5
    
    
    
    Amended and Restated Warrant Agreement dated January 23, 2006 between Private
Business, Inc. and Lightyear PBI Holdings, LLC (incorporated by reference to
Exhibit 10.4 to Private Business, Inc.s Current Report on Form 8-K filed with
the Securities and Exchange Commission on January 26, 2006).10.6
    
    
    
    Amended and Restated Warrant Certificate dated January 23, 2006 issued by
Private Business, Inc. to Lightyear PBI Holdings, LLC. (incorporated by
reference to Exhibit 10.5 to Private Business, Inc.s Current Report on Form 8-K
filed with the Securities and Exchange Commission on January 26, 2006).10.7
    
    
    
    Amended and Restated Warrant Certificate dated January 23, 2006 issued by
Private Business, Inc. to Lightyear PBI Holdings, LLC (incorporated by reference
to Exhibit 10.6 to Private Business, Inc.s Current Report on Form 8-K filed
with the Securities and Exchange Commission on January 26, 2006).10.8
    
    
    
    Employment Agreement dated January 31, 2006 between Private Business, Inc. and
Paul McCulloch (incorporated by reference to Exhibit 10.1 to Private Business
Inc.s Current Report on Form 8-K filed with the Securities and Exchange
Commission on April 26, 2006).31.1
    
    
    
    Certification pursuant to Rule 13a  14(a)/15d  14(a)  Chief Executive Officer.31.2
    
    
    
    Certification pursuant to Rule 13a  14(a)/15d  14(a)  Chief Financial Officer.32.1
    
    
    
    Certification pursuant to 18 U.S.C. Section 1350 as adopted pursuant to Section
906 of the Sarbanes-Oxley Act of 2002  Chief Executive Officer.
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ExhibitNo.
    
    
    
    Description32.2
    
    
    
    Certification pursuant to 18 U.S.C. Section 1350 as adopted pursuant to Section
906 of the Sarbanes-Oxley Act of 2002  Chief Financial Officer.
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Signatures
  Goldleaf Financial Solutions, Inc.
     (f/k/a Private Business, Inc.)
          (Registrant)Date: August 1, 2006
    
    By:
    
    /s/ G. Lynn Boggs

G. Lynn BoggsChief Executive OfficerDate: August 1, 2006
    
    By:
    
    /s/ J. Scott CraigheadJ. Scott CraigheadChief Financial Officer
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