Who/what are you using for bookkeeping for SaaS businesses? Who are you using for accounting services for Saas businesses?
Comments (1)
philip1209 · 3h ago
A lot depends on the legal and tax structure of the business.
If you’re a small business - you can potentially do cash basis accounting with a disregarded entity LLC. Some SaaS services exists for this.
If you’re a c corp with employees and investor money, you might have more complex needs like accrual basis accounting and nexuses in multiple states. In this case, you probably need dedicated professional advice.
If you’re a small business - you can potentially do cash basis accounting with a disregarded entity LLC. Some SaaS services exists for this.
If you’re a c corp with employees and investor money, you might have more complex needs like accrual basis accounting and nexuses in multiple states. In this case, you probably need dedicated professional advice.