AccountingDepartment

DECEMBER 28, 2021

They might hand over a spreadsheet and a box of receipts and then the CPA does all the work. The CPA will often provide some tips on how to lower next year’s tax bill, but then it’s goodbye until next year. Good CPAs are valuable to any business, but they only handle part of your accounting needs.

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inDinero Tax Tips

JANUARY 1, 2025

Accountants operate on a higher level. Theyre well-versed in GAAP (Generally Accepted Accounting Principles), help navigate differences between cash and accrual accounting, and help startups design equity structures. All startups need a bookkeeper; that could be a DIY founder or something you outsource.

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Shay CPA

OCTOBER 11, 2023

Revenue recognition is a separate beast, and one that requires you to adhere to generally accepted accounting principles (GAAP). Tracking MRR and keeping up with accrual-based accounting might all sound like a lot of work, but we’re here to help with precisely this. Your investors usually won’t accept MRR alone.

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