Maybe the company you hired doesn’t know enough about your industry or doesn’t have the experience to handle things as you grow. When something big happens in your business, you need to know right away. Waiting until the end of the month to check your financials can cause you to miss out on important insights. Real-time reporting means you are seeing up-to-date data, so you can act fast and make decisions based on what’s actually happening. The company has saved clients an impressive $50 million in taxes, demonstrating its ability to optimize financial strategies while ensuring compliance with complex tax regulations. Their expertise is reinforced by an A+ rating from the Better Business Bureau and the Federal IRS Enrolled Agent license.

Explore Accounting Software Options

Genius isn’t your typical outsourced CPA firm but it provides a better solution for your startup. We use a rigorous vetting process to ensure you’re connected with the top 1% of CPAs and accounting experts. That’s a big deal, especially if you’re trying to stretch every dollar without sacrificing quality. Bookkeeper.com offers an easy and comprehensive solution for startups that want to stay on top of their finances without getting bogged down in the details.

Notable Services Offered by Bench

The Essential plan ($249 a month if billed annually or $299 billed monthly) focuses on bookkeeping only, giving you access to a dedicated team that performs monthly bookkeeping services. The Premium plan ($399 a month if billed annually or $499 billed monthly) adds tax advising services, end-of-year tax filing, and financial strategy planning. Startups can outsource tasks like bookkeeping, tax preparation, payroll management, financial reporting, cash flow analysis, budgeting, and strategic financial planning. Based in Rochester, Insero & Co provides outsourced CPA services for startups at various growth stages. If you want the perks of having a CFO on board without having to pay their hefty salary, look for an online bookkeeping service that offers CFO-like capabilities.

Conduct Regular Financial Reviews

Using software that supports accrual accounting and generates GAAP-compliant reports can streamline this process. If you’re unsure which accounting method is best for your startup, consult with a CPA experienced with startups. They can help you make the right choice for your specific situation and ensure your accounting practices are aligned with your growth trajectory. A solid foundation in accounting will set the stage for long-term success. Reach out through our contact form to learn more about how we can help you optimize your accounting processes. Once you’ve got a handle on tracking income and expenses, managing invoices and accounts receivable becomes crucial for maintaining healthy cash flow.

For many years, Intuit QuickBooks Online has been the small business accounting service to beat. It combines highly effective accounting tools with an exceptional user experience. The service stands out because it’s easily customizable, comes in multiple versions with hundreds of add-ons, and offers better mobile access than most rivals. Plus, there are specific times when it makes sense to consult with a CPA—for example, to help you handle growth transitions, such as hiring employees or taking on more office space.

Communication and collaboration tools are vital for maintaining team cohesion. Platforms like Microsoft Teams and Slack enable instant messaging, video conferencing, and file sharing, ensuring seamless interactions across locations. These tools also support project management, helping firms track progress and deadlines effectively. Leveraging such technologies fosters productivity and accountability within virtual teams.

This process involves comparing your internal records with your bank statements to identify any errors or missing transactions. Staying on top of your accounts receivable means you’re less likely to experience cash flow crunches and can keep your business running smoothly. A CPA can interpret your business’s financial reports and provide valuable real-time insights into your income, expenses, and cash flow. This will help you make better-informed decisions about how to grow your business. Of course, we appreciate that no accounting software can fully replace the human touch. As a result, all of our bookkeeping service plans include 24/7 access to a dedicated team of professionals, available to provide support whenever you need it.

• Pilot offers outsource cpa services for startup specifically designed for startups and growth-stage companies.
• The software is easy enough to learn if you are an inexperienced bookkeeper but still gives you enough advanced features if your needs are more demanding.
• They have secured $100 million in tax credits and deliver cost-effective bookkeeping through seamless QuickBooks integration.
• If it is not protected properly, you are opening your business up to potential breaches and problems.
• They operate with a workforce of around 415,000 professionals across 150 countries.
• Very small businesses can use it for basic money management, such as accepting payments, monitoring financial accounts, sending invoices, and tracking income and expenses.

Decimal is great if you’re looking to quickly access your business records. The Decimal service comes with automated, up-to-date categorization of your transactions, bank reconciliation and bookkeeping journal entries. A dedicated accounting team for your business, as well as access to a technology team, can always help. Its range of options make it a solid pick for those looking for cleanup bookkeeping. For the first three months, you only pay a starting price of $17.50 for the lowest-tier plan.

Bench – Best for Bookkeeping

And the Executive plan, which is built for larger companies that need CFO services, has custom pricing. It also starts at $190 a month, which is less than nearly every other provider on our list. With a team that operates from 5 locations, Kruze Consulting offers a comprehensive range of services, securing over $100 million in tax credits. They’ve built specialized systems that integrate seamlessly with QuickBooks to provide highly accurate and cost-effective bookkeeping. At Genius, we specialize in connecting startups with top offshore accounting and bookkeeping talent, while saving up to 80% on hiring costs. Genius isn’t just about outsourcing – it is about building a reliable team that grows with your business.

Here are 18 top-notch accounting firms for startups to help you streamline your business. Decimal offers two pricing tiers, with pricing dependent on the level of support. Outsourced CPA firms can provide the following services to startups and small businesses. Outsourced CPA services represent a cost-effective alternative to hiring an in-house accountant. Rather than spending time and money on a full-time employee, startup founders can hire a CPA firm to handle financial and administrative functions.

• While cash basis accounting might be simpler for early-stage startups, accrual accounting offers a more accurate and realistic view of your company’s financial health.
• Being able to communicate with the provider that is doing your bookkeeping, taxes, or accounting can eliminate some of the headaches of startup financial management.
• The last thing you need is a tech disconnect that makes managing your finances harder, not easier.
• Once you understand your tax obligations, you can start thinking strategically about tax planning and optimization.
• This gives you a chance to see how they operate and whether they’re the right fit.

To help you with your search, we have rounded up the 18 best accounting and bookkeeping services that will simplify your startup finances and give you the freedom to focus on success. The following list includes accounting firms supporting startups in a variety of industries. Their payroll services ensure that employees are paid on time and that payroll taxes are handled correctly. For startups that prefer a fully virtual accounting experience, AccountingDepartment.com is a top choice. If your bookkeeping has fallen down the priority list in recent months (we get it!), a dedicated cleanup service will help ensure everything gets back on track.

Built for self-employed entrepreneurs, Collective is an all-in-one financial management solution with services for bookkeeping, accounting, formation, taxes, and payroll. QuickBooks Live is a virtual bookkeeping service that offers guaranteed services by real QuickBooks-certified bookkeepers. bookkeeping and payroll services To start, a bookkeeper will review your startup’s books and update them, as well as conduct a detailed review of your transactions to ensure they are cataloged correctly.