Technology Startup Accounting · $800 USD/month
Financial Records
Your Investors
Can Trust
When your next board meeting or fundraising conversation arrives, the quality of your financial records will shape that conversation. Feldspar handles the accounting work that technology companies actually face — from equity compensation to multi-currency books — so those records are solid when it matters.
What This Delivers
The Books You Should Have Had From Day One
A lot of technology companies reach their Series A with financial records that were fine for an early-stage company but don't hold up under investor scrutiny. That gap shows up at exactly the wrong moment.
What Feldspar's startup accounting engagement produces is a set of books — and a monthly reporting package — that meets the standard your investors and auditors actually expect. The equity schedule is maintained. Software capitalization decisions are documented. Multi-currency transactions are recorded consistently. Each month closes on time with a package that puts operating metrics alongside the financial statements.
Investor-grade monthly reports
Financial statements with operating metrics alongside them — not just compliance minimums.
Equity schedule maintained throughout
Option grants and RSUs recorded as they vest, not reconstructed under deadline pressure.
Capitalization policy applied consistently
Software development costs treated correctly from the start — not reclassified in due diligence.
Multi-currency handled cleanly
Consistent foreign-currency treatment across periods, useful when you're billing and paying in multiple currencies.
The Situation
Most General Accounting Practices Aren't Built for This
Technology companies encounter accounting situations that simply don't come up in most practices. When you issue stock options to an early team member, how is that expense calculated and recorded? When your engineering team capitalizes internal software development costs, how does the policy align with ASC 350-40? When your books run in USD but your customers pay in euros and your contractors invoice in pounds, who makes sure the foreign exchange entries are consistent across quarters?
The honest answer for most general accounting engagements is that these situations get handled inconsistently, or not at all, until an auditor or investor asks about them directly. By then, the remediation work is significant and the timing is inconvenient.
It's not a reflection on your existing accounting help — these are genuinely specialized areas that a general practice doesn't deal with regularly enough to develop fluency. Feldspar works in this space with enough frequency that the treatments are familiar and the supporting documentation is built into the workflow from the start.
The Approach
Accounting Structured Around How Technology Companies Actually Operate
This engagement covers the areas that general practice tends to leave thin — and builds the supporting documentation into the ongoing work rather than assembling it later.
Equity Compensation (ASC 718)
Stock options, RSUs, and ESPPs are tracked against vesting schedules. Fair value calculations are maintained. Footnote disclosure schedules are produced as part of the monthly work, not assembled at year-end.
Software Capitalization (ASC 350-40)
Development phases are properly separated. The capitalization policy is established at the beginning of the engagement and applied consistently, so the treatment is defensible when auditors look at it.
Multi-Currency Books
Foreign-currency transactions are recorded with consistent treatment across periods. Useful when your billing, contracting, and reporting currencies don't all match.
Monthly Reporting Package
Financial statements with key operating metrics alongside them, delivered on a consistent schedule. The format is one your board and investors can read without asking your team to translate it.
Stage-Appropriate Coverage
The chart of accounts, equity register, and reporting structure adapt as your company grows from seed through Series B. What you need at formation is different from what you need approaching a growth-stage audit.
How It Works
What Working Together Looks Like
A structured engagement that reduces how much of your attention goes to financial administration while producing records that hold up when you need them.
Discovery
We review your current financial state — existing records, equity structure, capitalization history, and what you need for your next board meeting or fundraise.
Structure
Chart of accounts, equity schedules, capitalization policy, and reporting templates are established at the start — built for your stage, with room to scale.
Monthly Close
Books close on schedule. Equity entries are recorded. Your monthly package arrives with financials and operating metrics together — ready for your board or investors to read.
Year-End
Year-end close, R&D credit documentation if applicable, tax preparation support, and planning for the year ahead — nothing assembled last-minute.
Investment
Transparent Pricing for a Defined Scope
The Technology Startup Accounting engagement is structured as a monthly retainer. The pricing reflects the consistent scope of work — ongoing equity tracking, monthly close, reporting package delivery, and year-end planning.
There are no ambiguous overages for the work that's in scope. If your situation involves significant complexity beyond the standard engagement — a cap table restructuring, a particularly involved multi-currency setup, or audit support — that would be discussed and agreed separately before any additional work begins.
What's Included
- Full monthly bookkeeping and close
- Equity compensation recording and tracking (ASC 718)
- Software capitalization policy and application (ASC 350-40)
- Multi-currency transaction handling
- Investor-grade monthly reporting package with operating metrics
- Year-end close and tax preparation support
- Suitable for seed through Series B stage companies
Who This Is For
Technology companies from seed through Series B that need their financial records to hold up under investor and auditor review. Particularly relevant if you've issued equity to team members, if your engineering team capitalizes development work, or if you operate in multiple currencies.
Also appropriate for companies that are approaching a fundraise or audit and want to know their books are in order before outside parties start looking at them.
Engagement Terms
Monthly engagements. The work begins after a discovery conversation where we review your current situation and confirm that the scope is a good fit for what you're dealing with.
Pricing applies to standard scope. Any materially different requirements would be discussed openly and agreed before the work starts.
Methodology
How We Know the Approach Works
Equity Compensation
ASC 718 requires fair value measurement and periodic expense recognition for stock-based compensation. Getting this right means maintaining grant records, applying appropriate valuation methods, and tracking vesting schedules in a way that produces defensible footnote disclosures. Feldspar has maintained these schedules across more than 140 equity plans — the work is understood at a level that comes from repetition, not occasional engagement.
Software Capitalization
ASC 350-40 defines three phases of internal-use software development and different accounting treatment for each. The preliminary and post-implementation phases are expensed; the application development phase allows capitalization. Many technology companies either capitalize too aggressively or not at all — both create problems when auditors look at historical treatment. The policy established at the start of an engagement is applied consistently going forward.
Monthly Reporting Cadence
Books that close late or irregularly create downstream problems — board packages are delayed, investor questions don't get answered cleanly, and year-end preparation becomes more complicated. The engagement is structured around a consistent monthly close cycle. Financial packages are delivered on a schedule your team can plan around.
Realistic Timeline
A typical engagement begins with a two-to-four week setup period — discovery, chart of accounts review, equity schedule reconstruction if needed, and policy documentation. After that, the work runs on a monthly cycle. Companies that start the engagement early in their growth tend to find the setup period shorter; companies catching up from less structured records may need a bit more time to bring the historical picture into order.
Our Commitment
How We Approach Every Engagement
If at any point the work we're producing isn't meeting your needs — or if the scope turns out to be different from what we discussed — that's a conversation we want to have openly. Monthly arrangements work because both sides find them worthwhile; if your situation changes or the engagement isn't the right fit, we'd rather know early.
Transparent Work
You'll see what we're doing and why. No opaque processes or unexplained adjustments.
Clear Communication
If we spot something that needs your attention, we'll flag it. If something changes in your situation, we'd like to know.
Initial Conversation
We talk through your situation before the engagement starts. No obligation — just a straightforward look at whether the fit is right.
Next Steps
A Clear Path to Getting Started
The engagement begins with a conversation, not a commitment. Here's what that looks like.
Write to Us
Use the contact form on the main page or send a note to [email protected]. Tell us a bit about your company — stage, what you're currently working with, and what prompted you to reach out.
Discovery Conversation
We'll follow up within one business day to set up a call. We'll go through your current financial picture, your equity structure, and what you need the accounting to produce. No pitch, no pressure — just a look at whether the scope matches.
Engagement Setup
If we agree to move forward, the setup period begins — chart of accounts, equity schedule, capitalization policy, and reporting templates. This typically takes two to four weeks depending on your current records.
Monthly Rhythm
After setup, the engagement runs on a monthly cadence. Books close, equity entries are recorded, and your reporting package is delivered. Your team spends less time managing the financial administration and more time on the work that moves the company forward.
Get Started
Your Books Should Be Ready Before the Moment Arrives
Whether you have a board meeting scheduled, a fundraise on the horizon, or simply want to know your financial records are built correctly — a conversation is the right place to start. Tell us what you're working on.
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