
Start-Ups
Start-ups have unique needs to support their high-growth ambitions, and establishing a solid accounting foundation is essential for long-term success. At Good Guys Accounting, we bring years of expertise in helping start-ups scale, from the stealth phase to external audits, securing angel and VC investments, and achieving financial exits through acquisitions or IPOs. With firsthand experience in navigating the full start-up lifecycle, we specialize in the early stages, ensuring a strong foundation for future growth.
​Our accounting services are extensive and can be customized to your specific needs from full outsourced accounting to basic bookkeeping. For start-ups, we provide the same quality services we provide small businesses with the additional premium services required of a start-up that is planning for significant funding, growth, and eventual exit.
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Let’s connect to discuss your needs and create a customized solution together.
Bookkeeping and Outsourced Accounting
Our monthly bookkeeping and outsourced accounting services are extensive and can either augment your team or we can fully outsource your accounting needs with experienced individuals that have built and scaled accounting functions. Examples of these services include:
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Formalized month end close process
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Billing and collections
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Vendor payments
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Reconciliation of all general ledger accounts
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Accrual accounting calculations and general ledger entries (prepaid expenses, accrued liabilities, depreciation and amortization)
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Bank account reconciliations
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Credit card account reconciliations
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Employee expense report processing
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Debt and interest calculations
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Basic cap table and equity accounting
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​Intercompany entries and consolidation
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Basis of accounting (accrual, GAAP)
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Customized scalable chart of accounts
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Customized departments
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Class reporting
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Cash flow / burn rate monitoring
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Financial statement preparation including balance sheet, cash flow statements, and income statement
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Customized financial reporting
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External audit assistance
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Assistance with preparation of funding requests
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Assistance setting up treasury function and bank accounts
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Assistance with internal controls to prevent fraud
Tax
Our tax services complement our bookkeeping and outsourced accounting services.
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Sales tax
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1099 preparation
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Tax preparation and year end financial package for annual tax returns for your tax professional
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Basic transfer pricing invoicing
Consulting
We offer ongoing and project based consulting services.
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QuickBooks set up and clean up
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QuickBooks training
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​Budgeting​
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Forecasting​
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Assess internal controls
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​Cash flow management
Payroll
We offer monthly payroll services.
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Onboarding employees
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Offboarding employees
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​Salary and hourly workers
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Employee eligibility verification (Form I-9)
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Payroll related tax filings (​Form 941/944, Form 940, Form 945)
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Manage time keeping for hourly workers
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Tracking time off
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Garnishments
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Tax withholdings (Form W-4)
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Year end wage and tax statements (Form W-3, Form W-2)