Start-Up Accounting Services Menu

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

Business Operations & HR:

  • Selection of appropriate choice of business entity
  •  Recommendation and assistance with set‐up of appropriate bank and credit card merchant service provider accounts
  • Recommendation and assistance with selection of a payroll provider, along with employee benefits such as medical, dental, vision, and 401K
  • General operating procedures and internal controls including accounts receivable management, receipt and tracking of vendor payables, employee and contractor expense submission, and expense approval process

System Implementation & Integration: 

  • Implementation of accounting software including use of a customized chart of accounts, bank and credit card synch, accounts receivable & accounts payable configuration, creation of custom invoice templates, and discussion of the relevant financial reports for periodic review
  • Determine relevant dimension reporting including business class/segment and geographic location
  • Data migration including uploading historic account balances, vendor lists, customer lists, class/location/business segment tracking lists
  • Guidance on third-party software integrations including revenue recognition and customer relationship management
  • QuickBooks accounting software training for both staff use and management reporting

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

  • Back-office accounting services completed at your desired frequency including:
    • Bank & credit card account reconciliation
    • Transaction overview and posting of adjusting entries at end of period
    • Establish a month-close process and checklist
    • Create offline schedules and trackers to support financials
  • Assistance with drafting/reviewing financial projections, revenue forecasts, and financial statement models with industry relevant guidance

  • Assistance with drafting/reviewing operating budgets and conducting budget variance analysis

  • Determination of key performance indicators and dashboard style metrics reporting

  • Assessment of financial liquidity from monthly cash burn rate to operating runway calculations

  • Preparation of Board/Management level reporting packages including financial statements, supporting supplements, and related footnotes. Development of financial slides and commentary for presentation decks and teaser documents.

  • Participation in strategic financial meetings with potential investors