Apoorva Murthy’s Post

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Expert in Auditing| Accounting | Taxation| Financial Forecasting and Planning | Consultant

Efficient bookkeeping is essential for US startups. Here's a concise guide for CPAs and entrepreneurs: 1.Choose software like QuickBooks Online. 2.Customize your chart of accounts. 3.Stay tax compliant with federal and state laws. 4.Track expenses diligently for deductions. 5.Implement a robust payroll system. 6.Keep meticulous records for audits. 7.Reconcile accounts monthly. 8.Leverage automation for efficiency. 9. Seek professional advice when needed. 10.Continuously evaluate and adapt. Following these steps ensures financial clarity and compliance, paving the way for startup success. #Bookkeeping #StartupFinance #USBusiness 🚀📈

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