Scope sheet
finbryn.com
Accounting
Accounting for startups
Accounting for startups from Finbryn sets up the chart of accounts and accounting policy at formation, not after a raise forces the issue, so a US startup's books are accrual-ready under GAAP from month one. Burn rate and runway track alongside standard statements, staying consistent with the cap table in Carta.
What is included
- A chart of accounts built for a startup's actual cost structure
- A written accounting policy covering basis, revenue recognition, and equity entries
- Monthly bookkeeping and close from formation forward with no backlog
- Burn rate and runway calculated from actuals each month
- Standard profit and loss, balance sheet, and cash flow statement
- Equity-related accounting entries kept consistent with the cap table
- Underlying documentation for qualified research expenses tracked monthly
- Data-room-ready historical financials prepared ahead of a raise or diligence request
The process
- 1.
Formation-stage setup
Chart of accounts, accounting policy, and software stack are built before the first transaction, so there is nothing to retrofit later.
- 2.
Monthly bookkeeping and close
Bank and card activity is reconciled and categorized every month from day one, keeping the books current rather than accumulating a backlog.
- 3.
Burn rate and runway reporting
Net cash burn and months of remaining runway are calculated from actuals and delivered alongside standard financial statements.
- 4.
Equity and cap table consistency check
Option grants, conversions, and new round proceeds are reviewed against the cap table each time an equity event occurs.
- 5.
R&D expense tracking
Qualified research expenses are tagged during normal bookkeeping so the documentation exists when your preparer files for the credit.
- 6.
Pre-raise or pre-diligence readiness
Historical financials are packaged into a data-room-ready format ahead of a raise or review, not scrambled together once the request lands.
Software
QuickBooks Online, Xero, NetSuite, Ramp, Brex, Mercury, Carta
Quality control
## Reviewed before it reaches you Every deliverable under accounting services is reviewed by a senior reviewer before it reaches you, on top of the controller-level review built into the service itself.
Pricing
Startup accounting is priced on transaction volume, entity structure, and how much investor-facing reporting is included alongside standard bookkeeping. Early-stage engagements typically start on a lower tier and scale with headcount and funding stage. Current tiers are published on the pricing page, and exact scope is confirmed in writing before work begins.
Finbryn is a brand of Northlane Solutions Inc., a Delaware corporation.
Reviewed September 2026