I have very few transactions, do I need a bookkeeping software?

This issue happens time and time again – your investors ask for a copy of your financial statements, and you realize you don’t have anything to send them. Scrambling at the last minute to try and pull together a set of financials is costly and inefficient. By setting your startup up for success from the beginning, you will have financial statements at the ready for investors, 409(a) valuations (required for employee stock compensation), taxes, and your own internal use to track runway, burn rate, and other metrics.