The Hatchery: Start-Up Services

Start-Up Services Group brings a full range of financial, accounting, tax, and administrative services to early-stage companies, enabling our clients to concentrate on expanding their business, without worrying about back-end functions.

The Hatchery has a solid track record of providing highly customized and superior quality start-up services cost-effectively, enabling management to focus on growing their company.

Start-Up Services


& Accounting

Set-Up Of Accounting System & Automation

  • Assist in selection & implementation of accounting software or ERP Package.
  • Set-up chart-of-accounts that fits your business model.
  • Review of organization & legal structure.
  • Formulation of streamlined reporting structure review.
  • Functionality review.
  • Assistance with data migration plan.
  • Reporting review.
  • Implementation of various automation tools to improve and/or streamline processes:
    • Payment automation tools:, Tipalti, Coupa, etc.
    • Revenue recognition tools: ARM, Rev Pro, etc.
    • FP&A tools:  Adaptive, Anaplan, Planful, etc.
    • Close process tools:  FloQast, Blackline, Wokiva, etc.

General Ledger Management

  • Set-up chart-of-accounts in new ERP system of choice.
  • Maintain all books and records—bookkeeping and accounting.
  • Prepare monthly reconciliation of all balance sheet accounts.
  • G/L account analyses.
  • Account for fixed and intangible assets: acquisitions, retirements, disposals, depreciation/amortization.
  • Account for prepaid expenses and accruals.
  • Reserve analyses:  credit, warranty, inventory, etc.

Vendor Management

  • Vendor data set-up:  W-9s, contract administration, payment terms, payment processing options.
  • Purchase order processing.
  • Recording vendor invoices.
  • Set-up automated payment systems (e.g.
  • Payment approval workflow and payment.
  • Cash flow management.
  • A/P aging reports & metrics (trends, DPO).

Order-to-Cash Management

  • Customer set-up, credit checks.
  • Sales order processing.
  • Invoicing, collections, aging reports & metrics (trends, DSO).
  • Set-up revenue and deferred revenue schedules.
  • Sales tax filings.
  • Automated sales tax software implementation.
  • Revenue Recognition and Deal Desk Function.
  • Automated revenue recognition software implementation.

Employee Related Management

  • Payroll system set-up, including new hires and terminations.
  • Payroll processing.
  • Stock based compensation administration & accounting.
  • Vacation accruals.
  • Compensation analysis, bonus calculations, sales commissions, employee benefits.
  • Expense report processing and system set-up (e.g. Expensify).
  • Set-up timesheet reporting and system implementation.

start-up services

Interim CFO

& Controllership

SOAProjects assists clients in need of overcoming demanding business challenges by providing management-level accounting and finance professionals with extensive experience and industry domain.  Result is financial reports and KPI dashboards that you can rely on, to make important business decisions.

In addition to the Bookkeeping and accounting services described above, we also provide insights and improvement ideas using industry expertise.

Operational Assistance

  • Assistance with close process.
  • Quarter-End Close, Financial Reporting and Analysis.
  • Financial review and reconciliations.
  • Formulation of financial analysis & Fluctuation review.
  • Development of Inter Co transaction reconciliation and confirmation template.
  • Consolidation.
  • Training international entities on new policies.
  • Ad hoc accounting assistance.
  • Assist with regulatory and external audits.
  • Develop corporate policies and procedures.

Financial Reporting & Improvements

  • Preparation of monthly/quarterly/annual financial statements: income statement, balance sheet, equity statement, and cash flow statement.
  • Financial packages for C-level executives, investors and Board.
  • Debt covenant reporting.
  • Prepare financial sections of Board and investor decks.
  • Prepare dashboards including KPIs.
  • Close process time reduction.
  • Development of close calendar and checklist.
  • Accounting process review & improvements.
  • Accounting best practices review & implementation.
  • Review subsidiaries close process.

Financial Planning & Analysis

  • Build and maintain financial models
  • Prepare pro forma or prospective financials
  • KPI dashboards
  • Creation of excel-based budgeting tools
  • Implementation of FP&A automated tool
  • Sales commission forecasting model
  • Cash forecasts
  • M&A and divestiture support

start-up services


Tax Solution

  • First year tax returns with appropriate elections.
  • Prepare corporate income/franchise tax returns.
  • Prepare local and property tax returns.
  • Tax Planning and International Tax Structure Analysis.
  • Compliance with sales and use tax requirements.
  • Prepare tax provision.
  • Prepare Secretary of State annual reports.
  • Research and development tax credits.
  • Prepare year-end tax reporting: 1099, 3921, 3922.
  • Prepare business license filings.

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Contact us to learn more about SOAProjects' services.