Accounting for Start-ups

Thinking of establishing a new startup? Unsure of whether you are on the right track? We have a team of seasoned professionals who can help evaluate your business plan, offer guidance on how to manage and establish your firm, and help you navigate early challenges.

Every business has its own unique needs. It is essential to choose the right accounting software and standards to ensure that you have everything you need to manage your business. Our team of experts will guide you on the best software and standards to use for your business.

We accurately track your business accounts and books, so that you can efficiently manage your cash flow, prepare cash flow statements, and make informed business decisions. Our customized solution includes identifying transactions, setting up your accounts and recording transactions according to general accounting standards for effective management and proactive decision-making.

Financial statements are a crucial part of startup accounting as they are required for a wide range of purposes. Our team is here to help prepare your balance sheet, income and expenditure statement, and cash flow statement. Our experts apply industry best practices and take the pressure off your team, leaving you to focus on running your business.

Tracking and optimizing money flow in and out of your business is critical to ensure that you have enough cash to meet your commitments. Our team can help you with this crucial activity, including smart budgeting to help your business.

Our tax experts help you stay compliant as you grow and scale your business. Whether it is tax filing, tax accounting, or advisory, we offer a comprehensive suite of solutions to meet your every need. Our extensive knowledge of the startup ecosystem helps us provide invaluable insights into concessions, special provisions, and credits to optimize your taxes.

Budgeting is a key part of building and scaling startups. Our experts will take care of the yearly budgets and help you accurately forecast cash flows and plan the business. Our team will provide your investors and lenders with an accurate view of the business and its health.

As your business grows, so does your team. Outsource your business’s payroll management needs to our HR and accounting experts, who will take care of your payroll needs end-to-end. Our team specializes in managing payroll, flexible benefits, taxation, final settlement calculations and more for small businesses such as yours so that you can focus on growing your business.

Whether it is payments receivable or payable, our team is here to ensure that your books are in order, and that you have an accurate view of the cash flow at any given point. We ensure that everything is in place: scanning and filing invoices, payment terms adherence, compliance to company policy, and statutory compliance.

When you are starting a new business, there are several tasks to be completed, and the setup can seem overwhelming. Our Business Setup Assistance Service can provide strategic advice on how best to set up your business, keeping in mind statutory compliance regulations and tax strategies.

Managing your startup’s fixed assets can be time-consuming. Our state-of-the-art software, backed by experienced professionals can help you maintain an accurate inventory of your assets and track, assign, return and reassign them as per your business needs. Whether they are IT assets or office furniture, we take the administrative load of maintaining asset inventory off your hands and ensure easy tracking.

With growing businesses, it is often not possible to onboard a CFO full-time. Here is where we step in, offering fractional or virtual CFO services. Our experts will act as your CFO and be a part of your team, executing all functions of a CFO, leaving you free to focus on your core business. Where you need funding valuation or financial analysis, our suite of services offers it all.