0
votes
1answer
28 views

Tracking all work/items-delivered are invoiced

We are a small business and use Xero.com (which is an accounting system without ERP functionality). What we have found that we have at times lost track of items requested by the customer, and have ...
4
votes
3answers
511 views

Do companies get taxed on money deposited by owners?

I just started a business (startup) and wanted to do the right thing by having a bank account for the company and putting all the business expenses on the business account. Now, I am in NY and I know ...
5
votes
6answers
204 views

How do I prove my finances to a partner? My partner is afraid I will not give him his full cut

I own and operate a company selling products online. A partner is stepping in and wants to sell our product line across it's websites. However, my company will accept the payments from the buyers. ...
1
vote
2answers
358 views

Can we use the tax classification of “disregarded entity” for our LLC if all owners live and work outside the US?

We have registered a US LLC to help us get a US bank account. We are based in the UK, however we have some suppliers we import from in the US and we have clients who will purchase from us in the US. ...
7
votes
6answers
344 views

How much accounting should a founder of a startup know?

I just started up a mobile game company, set up Quickbooks online, and now I'm trying to read up on accounting. Right now I'm reading The Accounting Game. It's a great book and it makes really easy ...
1
vote
2answers
125 views

How usually companies pays out percentage for developers?

I would like to know roughly how the payments are done if the company was started by two developers and me, owner. Let's say, I give them 10 % each, thats 20 % of the company's profit product. How ...
4
votes
2answers
273 views

Startup Taxes and Accounting: Finding services, Best practices, & How not to go to jail

There are many money issues that neither add to my code base nor user base. For example: payroll taxes and excise taxes W2 W3 W4 I9 941 940 1120 + all the equivalent state forms all of those ...
5
votes
2answers
620 views

Cloud-based accounting software [closed]

I am in the process of starting a business. The nature of the business is Photography (weddings, etc.). What would be a good accounting software solution (preferably cloud-based or SaaS)?
5
votes
1answer
355 views

Is it possible to delay customer invoices to the next financial year so I can save tax?

I'm operating a startup in its 1st year. This year's sales from consulting services is very good but the pipeline for next financial year is very very weak. My question is, legally, can I delay ...
5
votes
4answers
291 views

accounting package

Can you suggest an accounting package / method / minimum MUST HAVEs when starting up. I know we have to keep track of our finance but I'm not an accountant or that way inclined. So whats the basics ...
5
votes
9answers
453 views

What application do you use for managing your business' finances?

I was wondering what applications other people here use to manage their business finances. I looked at some programs such as Simply Accounting and QuickBooks, but both of their free versions are ...