Financial Ops

Best Startup Accounting Platform

There are a seemingly infinite number of choices when it comes to accounting software. While all options will have the pros, we suggest startups use QuickBooks Online. Check out our blog post to see why.

Jackson Scoresby

May 27, 2025

Why QuickBooks Online Is the Best Accounting Software for Startups

If you’re building a startup, choosing the right accounting software might feel like a distraction. But trust us—this one decision can save you hours of frustration and set you up for smoother fundraising, cleaner financials, and a lot fewer headaches.

We’ve worked with dozens of early-stage companies, and when it comes to accounting tools, there’s a clear front-runner: QuickBooks Online (QBO). Here’s why it’s the platform we recommend (and use) for nearly all of our clients.

1. It’s the Industry Standard

When you eventually hire a full-time finance lead, they’ll probably already know QBO like the back of their hand. It’s the most widely used small business accounting tool in the U.S., and that means:

  • Less onboarding time when you grow your finance team
  • Easier handoffs if you switch bookkeepers or bring things in-house
  • More integrations with payroll, bill pay, and banking tools you’re already using

Most of our clients come to us after struggling with a spreadsheet system or another lightweight tool. Once they move to QBO, they usually don’t look back.

2. It Scales With You (Until You Really Scale)

QuickBooks Online works well for startups all the way up to ~$10M in annual revenue. You’ll probably want to explore an enterprise accounting system once you hit that scale (NetSuite, we see you), but until then, QBO gets the job done.

You can:

  • Track spend across departments
  • Reconcile bank accounts and credit cards
  • Generate clean financials for investors or board meetings
  • Tag expenses by vendor, category, or location

In other words, it’s powerful enough to support serious financial operations, without overwhelming you with features you don’t need yet.

3. AI Is on the Horizon—and That’s a Big Deal

QuickBooks is actively investing in AI tools to automate the annoying stuff—like categorizing transactions, reconciling accounts, and generating reports. Intuit (QBO’s parent company) recently previewed AI agents designed to handle repetitive accounting tasks. This could mean:

  • Faster monthly closes
  • Fewer errors in categorization
  • More time to focus on strategic decisions

If you’re the kind of founder who wants to build a lean, tech-forward operation, QBO is heading in a direction that aligns with your mindset.

Bottom Line: Don’t Overthink It

There’s no perfect accounting tool, but QuickBooks Online is the right choice for 90% of early-stage startups. It’s what your future team will expect, what your investors will recognize, and what we can help you manage.

Need help setting it up or getting your books investor-ready? That’s what we do. Let’s chat.