Though software companies generally have the same process as a majority of the other industries, there are still certain areas in which they need to be well versed in. This is so that they can establish and maintain credibility with their lenders and investors, as well as to minimise exposure to tax.
Whilst we don’t claim to be technical software experts at The Accountancy Solutions we can stake the claim that we have worked with many businesses in the industry and know exactly how to tailor our services to the individual requirements of each client. We have worked with all types of businesses, from new start-ups to established pioneers, providing them with the accounting solutions they need in order to thrive as a business.
There are several important areas for software companies to keep an eye out for. For example Entity Type Choice, Equity and Debt Transactions, Stock Based Compensations, Revenue Recognition, Tax Accounting Methods, Issues Regarding Worker Classification, Multi-State Income Tax/Sales Tax, Mergers and Acquisitions.
All our services are completely customisable to your business requirements and needs. We’ll work with you to decide the best strategies to implement in order to reach your personal and business goals. Software companies often move rapidly through the business cycles. We understand this and work with you to get you to where you wish to be. We aim to build strong relationships with our clients so that we are able to help you succeed. Each one of our team members’ ins fully trained and highly qualified to take our business to the next level.
We like to consider ourselves as mid-market specialists that understand your operating environment. So, we do our best to employ pressure-free and effective solutions to help you reach your goal.