Accounting startups is the management of the financial records of a company beginning at the ground level, in terms of revenue, costs, cash flow and capital. It enables founders to know their financial health status, get ready to fundraise, and remain tax compliant. Startup accounting also involves monitoring of burn rate, financial projections as well as establishment of appropriate bookkeeping systems. It makes it transparent to the investors and it is crucial in the due diligence. Accounting Good accounting practices can prevent startups having to make expensive errors and put in place the financial base that can enhance scalable and sustainable growth.
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