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Why CFOs Love Outsourced Bookkeeping Services: 4 Key Reasons

Basis 365

One area that has gained significant traction in recent years is outsourced bookkeeping services, particularly among Chief Financial Officers (CFOs). CFOs responsible for managing a company's financial operations increasingly recognize the benefits of outsourcing bookkeeping functions to specialized service providers.

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Tech Startup Accounting Insights From A Y Combinator Company

inDinero Tax Tips

The fundamental balance sheet equation is: Equity = Assets – Liabilities Accounting vs Bookkeeping Most tech startup founders have backgrounds in coding rather than finance, so if youre new to this world, you might wonder about the difference between an accountant and a bookkeeper.

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Refresh Your Finances: Spring Clean Your Bookkeeping to Prep for Your Next Fundraiser

Shay CPA

Giving your bookkeeping a spring clean could be the key that unlocks success in your next rounds of fundraising. With that in mind, our team of expert tech startup bookkeepers and accountants put our heads together. GAAP stands for Generally Accepted Accounting Principles. Your bookkeeping is no different.

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Spring Cleaning: How Organizing Your Bookkeeping Now Can Get You Ready for Your Next Fundraise

Shay CPA

In fact, giving your bookkeeping a spring clean could be the key that unlocks success in your next rounds of fundraising. With that in mind, our team of expert tech startup bookkeepers and accountants put our heads together. GAAP stands for Generally Accepted Accounting Principles. Your bookkeeping is no different.

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Gaining More Value with Virtual Accounting

AccountingDepartment

Even if they’re the best accountant ever, that makes them even harder to replace and creates more disruptions to business operations if they leave the role. Small accounting teams also go against basic accounting principles. Good internal controls require that accounting tasks are separated between multiple people.

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From Startup to Maturity: How Outsourced Accounting Can Help Tech Companies Through Every Stage of Growth

Cherry Bekaert

Ensure Compliance With Regulatory Requirements: Tech companies are required to comply with Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS), which are particularly important for companies planning to go public.

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Understanding MRR vs. Recognized Revenue: A Guide for Startups

Shay CPA

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.