15 Best Accounting Firms for Startups in 2025 Founder-Tested

Outsourced firms bring a wide range of expertise and resources that small companies might not afford otherwise. You benefit from specialized knowledge while only paying for the needed services, making it a scalable solution as your business grows. Whiz Consulting has been a key player in outsourced bookkeeping and accounting for a decade. Specializing in services for https://ecommercefastlane.com/accounting-services-for-startups/ startups and SMEs, they offer expertise in managing accounting, payroll, and tax needs. Having a reputable accounting firm on your team can significantly strengthen your position when seeking investment. Investors want to see well-organized financials and a clear understanding of your financial performance.

How Long to Keep Your Records

Consider using cloud-based accounting software for real-time access to your financial information and easier collaboration with your accounting team. Outsourcing some or all of your accounting to a CPA firm can also help streamline your processes and ensure compliance. Choose a firm that embraces innovative technology to streamline processes and provide efficient services.

Get guidance from CFOs who’ve been there.

• Their team can help you set up your chart of accounts correctly, manage revenue recognition, and track crucial SaaS metrics.
• Their bookkeeping package provides tax-ready financial reports with a dedicated expert bookkeeper.
• Their startup accounting services cover business valuation, cash-flow modeling, GAAP compliance, and internal control reviews.
• This eliminates manual data entry and ensures your accounting system works in harmony with the tools you already use to run your business.
• Decimal emerged in 2020 as a bootstrapped and profitable accounting firm for startups.

Therefore, if you are required to use an accrual accounting method for your startup, you will need to pay extra. The service will then create valuable reports such as a profit and loss statement and balance sheet and prepare your books for tax season. Contact Chicagoland CPAs today for expert startup accounting Chicago, and gain confidence knowing your finances are in expert hands. A general ledger is a compilation of entries detailing each of your business’s financial transactions. If you are using software, your statements will be added automatically when you create an invoice or make a payment.

Gain a Strategic Partner to Shape Outcomes

A brilliant idea gets you started, but a solid financial strategy is what keeps you in the game. As a founder, you’re already juggling cash flow, chasing funding, and trying to make sense of complex tax regulations. Finding the best accounting firms for startups isn’t just about outsourcing your books; it’s about gaining a partner to build a sustainable financial future. We’ll cover the essential services you need—from bookkeeping and tax planning to fundraising support—and show you how to find the right accountants for your startup. A top-tier bookkeeping service will work seamlessly with the tools you already use, like Stripe, Chargebee, and your CRM.

• Accounting software refers to digital tools designed to help startups organize and manage their finances, tracking revenue, expenses, bank activity, invoices, and other essential data.
• This means handling money that comes in on different schedules, tracking metrics that are unique to the subscription world, and dealing with a web of tax rules that change as you grow.
• For dedicated startup bookkeeping that you can trust, look no further than 1-800Accountant.
• These firms bring the weight of broad industry experience and a deep understanding of core accounting principles, applying them to the tech world.
• You’re looking for a strategic partner who understands the unique financial terrain you’re operating in.
• Startups provide expert accounting services to support your business while focusing on core operations.

This includes financial forecasting, budgeting, and even advising on funding strategies. Having an expert handle your finances lets you focus on what you do best—innovate and scale your business. Outsourcing offers a more cost-effective solution, providing expert financial management without the overhead. InDinero offers a full suite of accounting services for startups, from bookkeeping and tax preparation to financial reporting. If you’re looking for a one-stop shop for your accounting needs, explore inDinero.

• A startup accounting plan may cost between $150 and $2,000+ per month, depending on the company’s proposals and needs, and whether CFO assistance is offered.
• A firm like this can be a great partner if you want the stability and comprehensive services of a traditional practice combined with the agility and tech-savviness required to support a startup.
• Failing to properly register, collect, and remit taxes in every required state can lead to hefty penalties and a messy compliance situation that can take months to unravel.
• A simple mistake in how you recognize revenue or report transactions can trigger audits, jeopardize funding rounds, or even threaten your license to operate.
• The company was founded by entrepreneurs who faced startup financial challenges themselves.

QuickBooks Live

Bookkeeping involves documenting and organizing financial data for a business. Accounting takes this data and uses it to provide valuable information on the company’s financial performance as well as prepare for tax season. Decimal works with a variety of industries, including ecommerce, software-as-a-service (SaaS), agencies, real estate, and restaurants.

Smart Tax Planning and Compliance

• Empower your startup’s financial future with our specialized startup accounting services.
• Outsourcing your accounting brings a new level of clarity to your company’s financial health.
• They excel at accounts payable and receivable management, tax preparation, audit assistance, and detailed financial analysis.
• With years of experience, they cater to small, medium, and mid-market businesses.
• They stay up-to-date on the latest regulations, giving you peace of mind.

Startups should obtain quotes from several firms to compare costs and ensure they are getting a fair price. A true fintech accounting partner helps you make strategic decisions by analyzing your financial data and spotting trends that can fuel your growth. By effectively managing risks, they protect your startup’s financial health as you move through the unpredictable market. This level of insight turns your finance function from a cost center into a strategic asset that helps you scale with confidence.

The company follows standard industry practices with service tiers based on business needs and complexity, though specific pricing information isn’t readily available. We worked with Silicon Beach startups, angel-backed, venture-funded, and private equity portfolio companies. The firm has earned its reputation as the “consummate founder’s CPA firm” by handling complex startup tax matters that go way beyond the reach and influence of standard Delaware C-Corporations.

Can you confidently report on metrics like churn, customer acquisition cost (CAC), and lifetime value (LTV)? These KPIs are the lifeblood of a SaaS business, and they require more than basic accounting. When you need to handle recurring revenue, deferred revenue, and complex billing cycles, it’s time for an expert. A specialized bookkeeper can help you implement the right accounting software and Accounting Services for Startups: Strengthen Your Financial Management support to track these metrics accurately, turning your financial data into actionable insights. The best bookkeeping services for SaaS startups go beyond simple data entry; they act as a financial co-pilot, helping you understand your metrics and make smarter decisions. We’ve compared five top contenders to help you see how they stack up, from boutique, high-touch firms to larger, tech-driven platforms.