Proper revenue recognition is one of the more complex compliance issues for SaaS companies. Causes for complications include: The solution, as outlined in the ASC 606 standards, is for SaaS businesses to recognize revenue when the service is delivered – not when the payment is received. This isn’t always simple

Whether you plan on raising capital or bootstrapping all the way, knowing and tracking the KPIs investors value most is a surefire bet to keep your business on the right path. In this post, we’ll provide a rundown of the key metrics that demonstrate your growth potential, financial health, and

R&D tax credits are among the most beneficial tax incentives available to businesses investing in innovation. As a SaaS company, you should be a prime candidate to leverage these credits to reduce federal and state tax liabilities and spur growth. While the rules and qualifications are complex, the My SaaS

Managing your SaaS company’s finances making your head spin? Don’t worry. You’re not alone! Especially if you’re the tech founder and spend most of your mental energy getting your product to work. At My SaaS Advisor, we work with owners just like you – to make sense of your numbers

In any professional services business, it’s virtually impossible to be an expert at everything. So, when you run a business as tricky as a SaaS enterprise, choosing a generalist CPA firm could lead to knowledge gaps where you need expertise most. With My SaaS Advisor, you can rest assured that

In every business, cash is King 👑 But in the startup world, cash is the entire royal court – including the Jester. Understanding how money moves in and out of your business is crucial to survival at every stage of your growth journey, from pre-launch to when you make the