Ask HN: Startup accounting for SaaS model?

4 points·wensing··4 comments

What accounting software do you use to track your subscription-based service? Everything I've looked at focuses on helping SMB do invoicing, billing, etc which is consulting, which is not what we're building here. I would probably go with Quickbooks but I use a Mac and we don't have any Employees so a lot of the functionality seems moot.

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Accounting software is typically similar to Quickbooks for tax purposes.

You can check out http://lessaccounting.com - they make accounting suck less.

If you are looking for a financial dashboard or forecasting, here are a couple interesting apps: http://indinero.com & http://60mo.com

I would say if you're looking for straight up accounting xero, lessaccounting, or QuickBooks would be the way to go.

If you want a financial dashboard independent of accounting, Mint or indinero make the most sense at the moment.

We built http://60mo.com as a forecasting tool first and foremost, and it integrates with QB and QBO now (and other tools soon) to bring in actual data. We've got a lot more coming down the pipe, so give it a try!

60mo is the one I'm going to try. Looks perfect actually.

I haven't used Xero (xero.com) for a SaaS business but their accounting webapp is quite solid and customer support has always been incredibly helpful.

They also have an API if you're looking to possibly programmatically add transactions: http://blog.xero.com/developer/api

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