Ask HN: SaaS Bookkeeping and Accounting
Who/what are you using for bookkeeping for SaaS businesses? Who are you using for accounting services for Saas businesses?
Who/what are you using for bookkeeping for SaaS businesses? Who are you using for accounting services for Saas businesses?
I just use Quickbooks. Takes a little getting used to but I can just give my accountant access and they can get what they need to prepare the end of year accounts for filing.
Why aren’t you talking to local established accountants?
A lot depends on the legal and tax structure of the business.
If you’re a small business - you can potentially do cash basis accounting with a disregarded entity LLC. Some SaaS services exists for this.
If you’re a c corp with employees and investor money, you might have more complex needs like accrual basis accounting and nexuses in multiple states. In this case, you probably need dedicated professional advice.