Accounting for Startups

Partner with Katelyn Associates for New Business Bookkeeping

Starting a new business requires attention to detail and a solid financial foundation. At Katelyn Associates, we have the expertise and dedication to set up your bookkeeping systems accurately, ensuring compliance, organization, and financial clarity from the outset. Let us be your trusted partner in managing the financial aspects of your new business so that you can focus on what you do best—building a successful venture.

Contact us today to discuss your new business bookkeeping needs. Together, we’ll customize our services to fit your unique requirements and help you lay the groundwork for financial success. With Katelyn Associates by your side, you can confidently navigate the early stages of your business and set the stage for long-term growth.

We understand that starting a new business can be both exciting and overwhelming. That’s why we offer specialized bookkeeping services tailored to new businesses, ensuring a solid financial foundation right from the start. When you partner with us, we take care of the crucial aspects of a bookkeeper setting up a new business, allowing you to focus on building and growing your venture confidently.

Accurate Chart of Accounts

Setting up a proper chart of accounts is the backbone of your financial recordkeeping. Our experienced bookkeepers work closely with you to understand the unique aspects of your business and design a customized chart of accounts that aligns with your operations. By accurately categorizing income, expenses, assets, and liabilities, we create a solid framework for your financial reporting and analysis.


Establishing Bookkeeping Systems

We guide you in choosing suitable bookkeeping systems and tools for your new business. Whether setting up cloud-based accounting software or implementing efficient data entry and recordkeeping processes, we ensure your bookkeeping systems are organized, accessible, and user-friendly. Our goal is to create a seamless workflow that saves you time and allows for easy tracking of your financial transactions.


Bank and Credit Card Reconciliations

To ensure the accuracy of your financial records, we perform bank and credit card reconciliations. Our meticulous bookkeepers compare your bank and credit card statements with your recorded transactions to identify discrepancies or missing entries. By reconciling these accounts regularly, we help you maintain accurate financial records and gain a clear understanding of your cash flow.


Expense Tracking and Categorization

Tracking expenses is essential for understanding your business’s financial health. We assist you in setting up effective expense tracking systems, ensuring that all business-related costs are captured and categorized accurately. By systematically organizing your expenses, we provide insights into your spending patterns and help you make informed financial decisions.


Sales and Invoicing Setup

As a new business, you need a streamlined process for tracking sales and invoicing customers. We help you establish efficient sales and invoicing systems, ensuring you promptly capture and record all sales transactions. By implementing automated processes and tools, we streamline your sales and invoicing workflows, allowing you to focus on growing your customer base and improving your cash flow.


Compliance and Tax Planning

Navigating the complexities of compliance and tax regulations can be overwhelming for new business owners. Our team is well-versed in the latest tax laws and regulations, and we provide comprehensive guidance and support to ensure your business remains compliant. We help you develop effective tax planning strategies, maximizing deductions and minimizing tax liabilities.