NEW BUSINESS START-UP/SETUP

Setting up a financial system early ensures accurate tracking, compliance, and informed decision-making. Most new businesses use cloud-based accounting software like QuickBooks Online or Xero for ease and scalability. Getting this right from the start prevents cleanup later and supports tax filing, funding applications, and growth insights. Many opt for a fractional controller or accountant to assist with setup.

Ways we can help

Register your business entity (e.g., LLC, sole proprietorship) and obtain an EIN/Tax ID from the IRS.

Open a dedicated business bank account (and credit card if needed) to separate personal and business finances.

Choose accounting software.

Decide on an accounting method.

Set up or customize the Chart of Accounts

Connect bank accounts and credit cards for automatic transaction imports.

Add customers/vendors: Import or enter lists with contact info and terms.

Set up products/services/items (for invoicing and inventory if applicable).

Configure sales tax settings (rates, agencies, nexus states).

And many many additional start-up services.