The accounting tag has no wiki summary.
1
vote
1answer
402 views
Annoying startup Tax question - I moved, company didn't
I started my LLC in Michigan in 2009, filed the required paperwork, and sent in my tax return for 2009. My company was just myself, and I worked out of my home in Michigan.
After getting married ...
11
votes
9answers
2k views
What accounting software do most software startups use?
I'm interested in learning how a software startup selects their accounting software, their chart of accounts, and when does it make sense to hire part-time bookkeeper, full-time bookkeeper, ...
0
votes
1answer
87 views
Tax services for an almost non-existant corp
I founded an s-corp with a couple of friends in the early part of 2010 that hasn't shipped a product nor made a dollar yet (and likely won't ever). Unfortunately, I'm really not in the financial ...
0
votes
1answer
172 views
Help on some basic accounting terms
Whats the difference (if any), between the following accountig terms:
General Ledger
Chart of Accounts
Set of books
AND
journal vs ledger
account vs journal
6
votes
5answers
460 views
Building an Effective “Chart of Accounts”
I am currently setting up Quickbooks for my manufacturing business. I have tons of historical data to enter. I added all my vendors and I am now at the point of creating my "Chart of Accounts." After ...
4
votes
1answer
446 views
Is there any tax advantage or incentive to leave money in an LLC at the end of the tax year?
We're forming a 2 person LLC and part of what we're trying to figure out is how much to leave in the LLC to build up some capital reserves.
Since an LLC is a pass through tax entity if the LLC earns ...
3
votes
2answers
375 views
Web-based bookkeeping services for small businesses?
Is there an equivalent of Google Docs but for accounting?
I am looking for a web-based accounting solution that provides the bookkeeping capabilities of Quickbooks. Multi-user support would be nice ...
6
votes
4answers
684 views
Alternative to QuickBooks for a small (1 man) S-Corp? [closed]
I'm currently using a 2009 version of QuickBooks Pro for my S-Corp accounting needs. They recently sent me a letter "suggesting" I upgrade to the 2012 version ($200+) as many of the features of the ...
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 ...
4
votes
3answers
203 views
Is an experienced accountant necessary for an s-corp formation?
I need to form an s-corp in Delaware. The corporation will be taking on angel funding as soon as it is formed.
I have retained an attorney experienced in the formation & funding processes. The ...
3
votes
4answers
281 views
What online accounting software would you recommend? [closed]
I've been using QuickBooks Online and the desktop version before that. Since I tend to work off of multiple computers (especially when I'm traveling) I need some accounting software that I can access ...
3
votes
6answers
317 views
How do you choose the base currency for online and mostly international sales?
We are about to launch a website offering products. My "gut" feeling is that a good proportion of our customers will be based in the US. We are currently based in the UK, though that is likely to ...
5
votes
2answers
619 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)?
3
votes
3answers
2k views
How do I correctly document my initial investment and any ongoing investment in my S-Corp?
I'm starting a small business and have decided to form an S-Corp. Like many, my goal in forming an S-Corp is to avoid limitless personal liability and to take advantage of the (potential) tax ...
3
votes
4answers
450 views
Should I incorporate myself, use a high end law firm, or somewhere in the middle?
I am launching a startup (who isnt :) ) and while I am not planning on looking for outside funding, I'd like to leave the option on the table in the event that I catch a tiger by the tail (meaning ...
1
vote
6answers
400 views
Can you suggest an effective and simple accounting program? [closed]
What is a good and easy to use bookeeping software/saas ?
I have very minimal accounting knowledge other than the one I took in university....which I also got C- in.
My friends use excel but I don't ...
