From fundraising to SaaS models, you’ll get the financial support you need. Your monthly statements also come with your burn rate–so you and investors know the numbers that matter. Accounting is the process of interpreting your financial records for everything, from making sure you pay the right amount in taxes to making strategic business decisions based on your business’s numbers. Accrual basis accounting counts money when it’s “earned” rather than received (and the same with expenses).

Financial Planning & Analysis

• Startup tax filing must be handled meticulously to adhere to deadlines and regulatory requirements.
• Start up CAs assist with tax registrations, including Goods & Services Tax (GST) registration, Employer Identification Number (EIN), and professional tax registration as per jurisdiction and company nature.
• Our financial planning & analysis (FP&A) support, aka Tier 2 in our service tiers, is a fully managed and always on FP&A service.
• Since many founders lack financial backgrounds, startups often need a CFO to navigate these successfully, but hiring a full-time CFO can be prohibitively expensive.
• It’s wise to hire a person or invest in a system to help manage the accounting in your business.

We will help develop your accounting system, maintain your accounting system and make sure it is an easy tool to use when you need to produce reports or just gather information. We specialize in startup accounting services getting startups “VC-ready,” as you can see from our due diligence checklists. Our team will ensure your financial records are immaculate, your metrics are on point, and your financial story is compelling. We’ll help you anticipate and address potential investor concerns before they arise. We also provide traditional bookkeeping services, making sure your financial records are accurate, up-to-date, and aligned with your strategic goals. E-commerce businesses may be the most complicated among startups, from inventory tracking to managing refunds and returns.

• CAs can help create financial models and projections of your startup’s financial potential.
• Talenta, Sleekr, Jurnal, and KlikPajak are some of the products available.
• If you familiarize yourself with basic accounting terms and invest in a good accounting software package, you’ll be well on your way to success.
• You will learn how to set up your accounting system, choose the right software, and maintain accurate financial records.

Comprehensive Bookkeeping

Startups require different accounting and advisory services as they progress along their growth timeline. Build your personalised package with the services that suit you best, with net sales the freedom to change things around when you need to. It’s recommended to keep your financial records saved in a place that you can come back and easily reference if you ever need to.

• For most startups, you don’t need 40 hrs/wk of work from an internal finance hire or team, especially when you first hire them.
• Start up CAs assists startups with tax planning and compliance, suggesting methods to minimise tax liabilities while complying with tax laws.
• Startup bookkeeping service providers use most of this software to manage financial transactions.
• Ongoing people advisory and support for growth-focused start-ups who want to establish a solid foundation and strategy.
• Khatabook is a fintech company that offers a digital ledger app geared toward small enterprises.

R&D Tax Credit

And your online bookkeeping needs to be both fast and accurate, so you can carefully manage your burn rate as you develop your drug. Biotech companies bookkeeping and accounting needs are extremely specialized. High growth ecommerce companies require more than just simple financial statement preparation and tax returns. Learn more about our online offerings for specific, high-growth industries below – or get in touch with us to learn more. We are a “tech-focused” firm and recommend/setup all Cash Flow Management for Small Businesses different types of tools and softwares to our clients.

• Bookkeeping is the process of tracking all financial records—mainly income and expenses.
• Whether you are at the ideation stage or have already launched your startup, understanding these accounting essentials will equip you with the knowledge and tools to navigate your financial landscape effectively.
• With a solid financial plan, startups are better positioned to attract investors and secure funding.
• They can help prepare financial statements and reports for investors that satisfy accounting regulations and standards.

What services does a CA offer?

Their team is not only professional and highly responsive but also deeply attentive to every detail. Whether it’s financial strategy, accounting, or day-to-day support, they are always ready to lend a hand with expert guidance and practical solutions. If you’re launching or growing a business, partnering with them is one of the best decisions you can make. Kruze Consulting specializes in startup accounting, relying on experienced accounting, tax, and finance professionals, using best-in-breed financial tools and systems. Our accountants, CFOs, and tax specialists deliver precisely the bookkeeping services you need, so you can build your business on solid financial ground. Let’s be honest – when you’re busy launching products, wrangling team members, and chasing your dreams, accounting tasks can feel like a hangover you never wanted.