Financial Organization for a New Startup

Deliverables:

Set up QuickBooks for tracking income and expenses.

Established a budgeting system to monitor cash flow and predict future expenses.

Helped with initial tax filings and ensured the correct tax classifications were used for the business structure.

Created a monthly financial reporting system to provide the startup with ongoing insights into business performance.

Tools Used:

QuickBooks for comprehensive bookkeeping.

Excel for budgeting and forecasting.

Outcome:

The startup now has an efficient financial management system in place, helping them make informed decisions about future growth and expenses.

They are on track with tax obligations and have a clear view of their financial standing.