Accounting Services for Startups

Services Designed For Startups

You’re an innovator. You’re creating something new that will change the world. But there’s something standing in your way: all the back-office work. Work that needs to be done, but isn’t the best use of your energy — like bookkeeping.

We’ve been there. BooksTime was co-founded by serial entrepreneurs who had faced this challenge too many times. Their goal with BooksTime: to empower other businesses to focus on growth — and leave the bookkeeping to the professionals.

Our Accounting Experience with Startups

With BooksTime, you’ll get a dedicated bookkeeping expert with relevant experience. Our team has experience serving startups in a wide range of industries, from blockchain to travel, healthcare, education, eCommerce, and more.

With our experience in accounting services for startups and tech in particular, communication is easy — we speak your language.

Your dedicated specialist will set you up with a fully customized set of books based on your needs. The books will be set up with scalability in mind, so you’ll be less likely to need to overhaul the structure later. Plus, by using the latest automation tech, your bookkeeping process will be set up to be super efficient.

Raising Capital with BooksTime

BooksTime’s accounting services for startups make many of the steps in raising capital way easier. Whether you’re considering raising funds via loans, grants, investor funding, or other strategies, your dedicated bookkeeper will be there to help with:

Drafting financial presentations that will “wow” potential investors and lenders.
Providing projections and pro forma statements.
“What if” modeling, so you can plan for different possible scenarios, and see what it would take to achieve certain financial targets.
Explaining financial statements, so they can be understood without technical accounting knowledge.
Simple, easy-to-read visual reports that help you track any debt or other obligations.

Most of all, your BooksTime expert is more than a number-cruncher: their goal is to partner with you to help you achieve your startup’s goals. They’re invested in your success, and will be there every step of the way.

How BooksTime Can Help Your Startup

Are you an entrepreneur looking for options to manage your bookkeeping? BooksTime delivers a tailored, tech-savvy accounting experience to manage your finances properly. We specialize in helping companies get up and running — from tracking income and expenses to preparing financial statements. We are the trusted partner that accompanies your business from starting point to success.

Our accounting services are designed to meet your specific needs. BooksTime can help you with the following:

Bookkeeping
Filling payroll forms (941s, W-2s, 1099s)
Tracking invoices
Calculating expenses
Tracking payments via cash, bank cards, PayPal, and ACH transfer
Generating financial statements
Budgeting and forecasting

We provide customized solutions based on the unique needs of your company. Regardless of the specific strategy, all of our accounting services for startups aim to leverage the latest accounting automation technology to streamline and simplify.

With BooksTime, you can rest assured that your books and accounts will always be accurate and up to date. We offer the highest quality bookkeeping services for startups, and we’re here to help you succeed.

From Startup to Market Leader

Achieving success as a company with a limited budget requires you to carefully manage your finances. The wrong decision can lead to steep costs and penalties, which in turn can cause your business to collapse. Given that this decision-making has such high stakes, it is important to anticipate problems before they actually happen.

Accurate information is the key to crafting smart solutions. Most entrepreneurs lack accounting knowledge and struggle to extract useful insights from their technical financial data. Our experienced accountants, however, make tracking your financials a breeze.

Accounting support is needed at every stage, from the initial accounting software set-up on day 1, to helpful analytics once you’re fully up and running. Your skilled expert will work with you to create a personalized accounting service plan that includes the services most relevant to you.

The Importance of Accounting for A Growing Startup

The bigger your growth ambitions, the more important it is to get the accounting right from the start. Proper accounting helps you win over investors, figure out how to increase profitability, avoid tax issues, and plan for the future. BooksTime’s accounting services will empower you to make sound decisions based on reliable data. Schedule a meeting to find a dedicated accountant that will help your business reach success.

How Accounting for Startups Works

Discover 7 ways BooksTime simplifies the lives of entrepreneurs:

Scale Smoothly. As your business grows, your dedicated team at BooksTime can grow with you. Whether you’re a solo entrepreneur just starting out, or a later-stage VC-backed startup with 100 employees, we’ll right-size a service package to meet your needs.

Save Time. Never spend another hour checking transactions, tracking bills, running payroll, or sending invoices. With accounting services for startups, you have time to focus on running your business and generating revenue.

Guarantee Accuracy. All transactions are properly recorded, and all financial documents are up-to-date with no errors or overdue reports.

Track What Matters Most. You’ll get easy-to-understand dashboards with the industry-specific metrics that matter to your company. Get quick visibility into your cash runway and burn rate, budgets and forecasts, trends and anomalies, and much more. Best of all, you’ll have a dedicated expert to explain it all.

Save Money. A dedicated bookkeeper costs up to 50% less than hiring an in-house accountant. This sets up your business to save huge amounts of money in the long run.

Impress Investors. With professional financial reports and presentations, you’ll make the right impression on investors, lenders, and potential acquirers.

Leverage Advanced Software. Accounting services for startups are delivered with the best cloud-based software and streamlined with the latest in automation tech. No more overcomplicated Excel spreadsheets, clunky desktop apps, or lost data.

Why Clients Love BooksTime

"We use Bookstime for over 3 years now. Initially we were introduced to Bookstime as a “firefighter” partner as our previous partner could not handle our growth anymore, Bookstime became an integral part of our business - great partnership - proactive business attitude - always looking to resolve problems and help the company to manage the books the most efficient way possible."

Lutz Klein

Currex

“The team at BooksTime provides the highest level of service imaginable. I can't recommend them highly enough — BooksTime is by far the best option out there.”

Yuri Nikolski

Prosapia Genetics

“Love working with Sonya and the team! Excellent communication, fast, and reliable.”

Michael Reich

Language International

“I tried out multiple bookkeepers before finding BooksTime with little success in regards to setting up the QuickBooks platform so that it integrates with my Ecommerce site, Amazon and manages my inventory all at the same time. BooksTime took their time to set it up properly, was always extremely communicative, and very thorough in cleaning up the mess I had made along the way. I highly recommend them for your bookkeeping needs and especially for those who have had trouble managing multiple channels and inventory through Ecommerce, retail, direct, etc.”

Carrie Forbes

Gutsey Bars

“BooksTime is very prompt to respond to questions or needs. Proactive. Great service!”

Daria Alladio

Boston iLab

Set-up

Just starting and don’t have anything set up yet? We’ll get you set up fast. This takes accounting knowledge, as well as technical automation know-how (to minimize the manual work needed on an ongoing basis). With BooksTime, you get both accounting and automation expertise. Start from a strong foundation by delegating this important task to an expert.

Ongoing Bookkeeping

When asked about the secret to their success, Bill Gates and Warren Buffett both gave the same one-word answer: “focus.” You’ll need proper bookkeeping to keep tabs on your finances, file taxes, and impress investors -- but there’s no need to do that work yourself. With BooksTime, you get a dedicated bookkeeper so you can focus on growing your business.

Finance Dashboard

Some bookkeepers only prepare standard financial statements. With BooksTime, you also get a customized dashboard with the metrics that matter most to you. Your dashboard makes it easy for non-accountants to track key trends, anomalies, and forecasts, as well as stats like LTV, CAC, cash runway, and more. Plus, your dedicated bookkeeper is available to review the numbers with you anytime, and can even help prepare investor presentations.

Accounting and Bookkeeping Services for Startups