Start-Up Accounting Services Menu

NDH > Accounting Solutions for Growing Businesses and Start-ups > Start‐Up Accounting Services Menu

Back‐Office Accounting, Financial Analysis, and Strategic Advisory:

  • On‐going back‐office financial accounting assistance;
  • Assistance with drafting/reviewing initial financial projection and revenue forecasting models along with commentary;
  • Bill payment processing through online banking delegation;
  • Create budgets and track pro‐forma budgeted vs. actual incurred results;
  • Determination of cash burn and operating runway;
  • Board/Company Management presentation of monthly reporting package including financial statements, key financial metrics review, and written commentary;
  • Financial statement review and analysis with Company Management;
  • Participation in strategic financial meetings with potential investors and assist in the preparation of meeting materials.

Accounting System Implementation & Integration:

  • Assistance with selection and implementation of a cloud‐based accounting software solution;
  • Set up and implement accounting software including use of customized chart of accounts, accounting module configuration, and discussion of the appropriate financial reports for periodic review;
  • QuickBooks accounting software training in applicable accounting modules and financial reporting capabilities;
  • Historical transaction review and entry, reconciling each monthly period to bring the accounting and financial statements current;
  • Record start‐up and related costs incurred directly by founders through any personal bank account or credit card that is not documented in the business account.

Business Operations:

  • Selection of appropriate choice of business entity;
  • Accounting procedure review to identify efficiencies through the creation of standardized templates and business rules;
  • Recommendation and assistance with set‐up of appropriate banking accounts along with credit card merchant service provider accounts;
  • Providing guidance and selection assistance on insurance plans for the business;
  • Selection and completing necessary paperwork to secure a payroll provider;
  • Recommendation and assistance with pre‐tax employee benefits such as medical, dental, vision, pre‐tax transit and 401K;
  • General operating procedures and business rules including receipt and tracking of vendor payables, employee and contractor expense submission, and expense approval process.