{"id":16885,"date":"2021-05-27T04:36:08","date_gmt":"2021-05-27T11:36:08","guid":{"rendered":"http:\/\/www.concordia-mm.org\/wordpress\/?p=16885"},"modified":"2024-11-18T14:27:46","modified_gmt":"2024-11-18T22:27:46","slug":"bookkeeping-for-startups-managing-finances-for-new","status":"publish","type":"post","link":"http:\/\/www.concordia-mm.org\/wordpress\/bookkeeping-for-startups-managing-finances-for-new\/","title":{"rendered":"Bookkeeping for Startups: Managing Finances for New Ventures"},"content":{"rendered":"

\"bookkeeping<\/p>\n

You don\u2019t get any more revenue from that client for the rest of the year. That really doesn\u2019t reflect reality, because you still need to deliver that service for the rest of the year. With accrual accounting, you would recognize $10,000 of that revenue each month. The remainder would stay on your balance sheet as deferred revenue. That makes your income more accurate and predictable, and investors prefer to see that regular revenue. FinancePal has helped many startups and small businesses get off on the right financial foot by providing reliable, accessible, and affordable online accounting and bookkeeping services.<\/p>\n<\/p>\n