4 ms·

Ask HN: In building your startup, who do you use for accounting?

17 points by nickfrost 13y ago

What are the best solutions you'd recommend for early-stage startups when choosing an accounting provider? Thanks for your comments!

aclevernickname 13y ago
I set up and learned OpenBravo (http://www.openbravo.com/ http://www.openbravo.com/) for this. It's a little beefy, but the weekend I spent learning it was worth it.
oskarpearson 13y ago
How about https://www.waveapps.com https://www.waveapps.com - free for most usage, simple and quick. http://www.xero.com/ http://www.xero.com/ is apparently also good. Oskar
- nickfrost 13y ago
  Advisor is a complete back-office/ operations partner early-stage startups. More cost friendly and scalable than InDinero, BackOps, TriNet, and every other "solution" in the industry. http://advsor.com http://advsor.com
  - gurvinder 13y ago
    Do you have any recommendation for multi currency support? Also How should I report earnings from appstore sales ?
- porter 13y ago
  Wave has been great for us. They don't let you export your reports to PDF anymore, which is super annoying, but I guess you get what you pay for. For automated bookkeeping, it's worth a look.
vollmarj 13y ago
https://indinero.com https://indinero.com
danny3stacks 13y ago
http://lessaccounting.com http://lessaccounting.com
michaelmartin 13y ago
http://www.kashflow.com/ http://www.kashflow.com/ is another great one, especially if you happen to be in the UK. I'd also second the vote for Xero. Haven't actually used it yet, but always looked impressive from the sidelines at least.
1123581321 13y ago
I recommend using a reliable, reasonable bookkeeper for keeping up with entries (mine charges $40/hour), and a CPA for tax returns and consulting in hopefully rare major events. Your business bank account should provide enough detail for most transactions and most have accountant read-only access account support. It'll only be on you to keep receipts archived in case of an audit and answer a few questions about items that can't be deduced from the bank records.
rookhack 13y ago
+1 for https://waveapps.com https://waveapps.com. Most things are good, but I still end up spending way too much time/money on book keeping. The payroll is awesome. Currently exploring http://10sheet.com http://10sheet.com for a more streamlined solution to take my mind off the books. Around $100/month which includes access to a real human bookkeeper.

17 points by nickfrost 13y ago

What are the best solutions you'd recommend for early-stage startups when choosing an accounting provider? Thanks for your comments!

aclevernickname 13y ago

I set up and learned OpenBravo (http://www.openbravo.com/ http://www.openbravo.com/) for this. It's a little beefy, but the weekend I spent learning it was worth it.

oskarpearson 13y ago

How about https://www.waveapps.com https://www.waveapps.com - free for most usage, simple and quick. http://www.xero.com/ http://www.xero.com/ is apparently also good. Oskar

nickfrost 13y ago
Advisor is a complete back-office/ operations partner early-stage startups. More cost friendly and scalable than InDinero, BackOps, TriNet, and every other "solution" in the industry. http://advsor.com http://advsor.com
- gurvinder 13y ago
  Do you have any recommendation for multi currency support? Also How should I report earnings from appstore sales ?
porter 13y ago
Wave has been great for us. They don't let you export your reports to PDF anymore, which is super annoying, but I guess you get what you pay for. For automated bookkeeping, it's worth a look.

vollmarj 13y ago

https://indinero.com https://indinero.com

danny3stacks 13y ago

http://lessaccounting.com http://lessaccounting.com

michaelmartin 13y ago

http://www.kashflow.com/ http://www.kashflow.com/ is another great one, especially if you happen to be in the UK. I'd also second the vote for Xero. Haven't actually used it yet, but always looked impressive from the sidelines at least.

1123581321 13y ago

I recommend using a reliable, reasonable bookkeeper for keeping up with entries (mine charges $40/hour), and a CPA for tax returns and consulting in hopefully rare major events. Your business bank account should provide enough detail for most transactions and most have accountant read-only access account support. It'll only be on you to keep receipts archived in case of an audit and answer a few questions about items that can't be deduced from the bank records.

rookhack 13y ago

+1 for https://waveapps.com https://waveapps.com. Most things are good, but I still end up spending way too much time/money on book keeping. The payroll is awesome. Currently exploring http://10sheet.com http://10sheet.com for a more streamlined solution to take my mind off the books. Around $100/month which includes access to a real human bookkeeper.