Bookkeeping
We manage your books meticulously, ensuring financial accuracy with zero effort from you.
Financial management for SaaS
Bookkeeping for SaaS: Scaling simplified
The fast-paced and subscription-based nature of SaaS businesses demands a different approach to accounting. CoCountant provides SaaS bookkeeping with the insights and automation you need to grow with confidence.
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Automate revenue recognition
What we’ve observed
- Subscription-based revenues are often paid upfront but must be recognized over the subscription term, requiring complex calculations and tracking.
- Bundled offerings that include software, maintenance, and services complicate the accurate allocation and recognition of revenue.
What we do
- We simplify complex revenue recognition by automating the entire process, including deferred revenue and bundled services.
Simplify multichannel revenue streams
What we’ve observed
- Scaling introduces variable costs that can be challenging to forecast and categorize.
- Determining which development costs can be capitalized versus expensed is complicated and often requires expert guidance.
What we do
- We monitor and categorize your costs effectively, helping you distinguish between capitalizable development costs and expenses.
Control cash flow
What we’ve observed
- Scaling introduces variable costs that are difficult to forecast and categorize.
- A business model dependent on subscriptions and renewals necessitates meticulous tracking of these metrics for accurate cash flow forecasting.
What we do
- We track and manage your Customer Acquisition Costs (CAC) and revenue streams for you.
Ensure tax compliance
What we’ve observed
- VAT, sales tax, and income tax all have varying rules based on geographic location, making compliance complex.
- Due to intricate revenue recognition and compliance norms, SaaS companies often require more comprehensive auditing.
- Handling multiple currencies and transfer pricing involves exchange rate risks and accounting complexities.
What we do
- Show your investors that you have your finances under control. We handle categorization, reconciliation, and regulatory compliance for you.
How CoCountant helps your business
We offer a range of specialized services that complement our SaaS bookkeeping services.
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CoCountant uses the best financial systems
Why our clients count on us
Oscar J. Muro
“We’re a 17-year-old marketing agency and have managed our books internally. Hiring CoCountant in 2024 was the best decision I've made in a long time. Our Quickbooks account needed a lot of cleanup which they did as a 1st step while providing sound accounting recommendations. Each month they do a great job of managing our books and reporting. As they get familiar with our business, they’re handling my time-consuming tasks like payroll. I would highly recommend CoCountant.”
Colleen Rupp
“I've recently stepped into a new role as the COO within the company and have started working more closely with two of CoCountant's bookkeepers, both of whom have been a great addition to our team. We are a small company, so we are small and mighty, and having a contractor do our accounting for us has been a great option. They've been a huge help with getting contractor payments in and payroll, and have been readily available and willing to help with whatever we need. We definitely want to continue using them moving forward because of that availability and because of their knowledge.”
Ravi Bajracharya
“CoCountant team is very thorough with their review of my transactions, and their comprehensive services help keep my books updated to provide a clear financial picture. I also find the CoCountant team provides a great platform for communication and is always very responsive when I need them. They have also gone above and beyond to accommodate specific requests, which is very much appreciated. Thank you CoCountant team, great to have your support and expertise.”
Edwin Goutier
“The value-to-cost ratio is amazing. I save so much time using CoCountant's services, and I get more strategic intelligence on our financial situation than I could create on my own. Wonderful service for busy entrepreneurs.”
Waynewright Malcom
“This is my first experience with CoCountant and I can say that the service has far exceeded my expectations. The resource assigned to the Controller position has been knowledgable, technically skilled, dedicated and a great team player. In addition, CoCountant's customer success and support processes ensure that all my expectations are met or exceeded. Without reservation, I highly recommend CoCountant for any of your financial outsourcing needs.”
Mark Arthur
I am the CEO and founder of Coast to Coast HR, servicing all of North America. We have been working with CoCountant for several months now, and after some hiccups with other organisations, I settled on CoCountant because they have done a fantastic job. They’re very service-focused and great to work with! They're also extremely friendly to small businesses and our tight budgets. The monthly calls we get to go over the books help me immensely. It has saved me money, and I cannot recommend them more.
Join hundreds of SaaS business owners who trust CoCountant for their bookkeeping
See the CoCountant difference in your operations! Before you trust us with the accounting for your software company, get started with controller-led plans beginning at just $160 — built to streamline your operations, enhance accuracy, and strengthen your bottom line.
