Category: Bookkeeping

Proper management of the burn rate allows companies to maintain a strong financial position and attract investors, leading to long-term success. Companies with high burn rates may also require additional funding in order to sustain their operations. This can be a difficult task, as investors Navigating Financial Growth: Leveraging Bookkeeping and Accounting Services for Startups…

Another popular iteration of the ratio is the long-term-debt-to-equity ratio which uses only long-term debt in the numerator instead of total debt or total liabilities. This second classification of short-term debt is carved out of long-term debt and is reclassified as a current liability called current portion of long-term debt (or a similar name). The…

Estimate costs and expenses For a SaaS business COGS are different compared to ‘normal’ businesses as there is no regular production or service delivery process involved. However, also SaaS companies definitely incur COGS, such as hosting costs, customer support and onboarding costs, and online payment costs. From these examples you can notice that all of…