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Re:Ask HN: When bootstrapping a startup, what are some ways ... by GoldenMonkey on Sunday April 23, 2017 @02:50PM (#14179713)
Your company should be on cash-basis accounting. Unless you have a need for accrual based. When you file corporate taxes, you list the method of accounting you are using.

Cash basis:

Cash in hand, recognized. Cash out, recognized.

Keeps it simple :)

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