Ask HN: In building your startup, who do you use for accounting? | Hacker News Reader

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

17 pointsnickfrost10 comments

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

Thanks for your comments!

How about https://www.waveapps.com - free for most usage, simple and quick.

http://www.xero.com/ is apparently also good.

Oskar

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

Do you have any recommendation for multi currency support? Also How should I report earnings from appstore sales ?

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.

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

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.

+1 for 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 for a more streamlined solution to take my mind off the books. Around $100/month which includes access to a real human bookkeeper.

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.

http://lessaccounting.com

https://indinero.com

Reply on news.ycombinator.com