Accountant for High Tech Startup Companies - mersano/Article GitHub Wiki

One of the major challenges faced by modern-day businesses is managing their accounts and finances. Usually, there are a lot of numbers that might be useless if they are not used properly. Most of the businesses focus a lot on managing the accounting department properly.

Things move at a faster pace, and if businesses fail to cop up with using the best practices, their competitors might go ahead of them. This need was judged by Scrubbed as they came up with solutions to manage accounts for the businesses. 

Accounting Services by Scrubbed

Scrubbed is one of the best accounting solutions for tech start-up companies. The following are the major services offered by scrubbed accounting department:

Ledger Maintenance:

Maintaining the ledger is important to manage audits. Scrubbed allows you to manage your accounts and make sure that you have a consistent ledger that you could use to perform audits. All the entries are supported with documents that could help you get details of any particular entry on the ledger.

Bank Reconciliation

Scrubbed sets feed between your bank and Xero. This helps to reconcile transactions on the system. All the transactions that are stored digitally, such as invoices, documents, or any receipts or bills are noted and are attached to transactions in Xero.

Purchase to Pay

Purchase to pay is one of the features that connect you directly to the vendors. Orders are sent to vendors directly. Once the confirmation of the order is received, the bill is set up for the payment generation.

Order to Cash

Like purchase to pay, the order to cash feature helps create sales orders, which are then sent to customers to acknowledge their order. As the product is delivered, the invoice, along with the record of payment, is sent to the customer.

Cost Accounting

If you miss the cost of some particular item and realize it at accounting time, things could be stressful. We make sure that we follow the complete cycle of your purchases or other costs that are incurred to manage them properly. There are also some tests that make sure everything is consistent in the system, and costs are correct.

Inventory Support

Keeping inventory updated and consistent is also one of the challenges faced by the business. We at Scrubbed are experienced at providing inventory management solutions. Starting from the first step of managing products, billing of products, and product families, all the stuff is managed and maintained to keep up with the inventory.

Financial Reporting

Financial reporting at scrubbed is compliant with US GAAP or IFRS-compliant to make sure your financial management is done right. Financial reporting is important when it comes to decision making. We make sure that we add additional files where required so you could make wise and timely decisions based on your finances.

Payroll Setup

The payroll setup is managed as per your company policies related to paid-time-off, e.tc. From the initial start of the company to migrations and integrations, everything is managed properly as we are always ready to help where to require.

Why Scrubbed?

There are various reasons that make Scrubbed the best solution to your financial management.

We provide a complete spectrum of services to meet your needs and demands. We take care of you every step to solve your issues. All the solutions are cost-effective, and we make sure that your finances work well so you could re-invest into your business.