Qepex Books

The Financial Backbone Your
SaaS Company Actually Needs.

SaaS finance breaks where most bookkeeping stops. Disconnected systems. Misstated revenue. Metrics that don’t tie back to the numbers. We fix that at the root.

The Generalist Trap

Why SaaS Finance is Different

For a restaurant or a law firm, a standard P&L is sufficient. For a SaaS business, it is not even close. Here is where generalists get it wrong.

A General Bookkeeper Will...

  • Book annual subscriptions as revenue in month one—overstating revenue and producing a misleading P&L.
  • Treat Stripe payouts as a single bank line—missing hidden fee misclassifications and unreconciled refunds.
  • Produce a P&L with no separation between recurring revenue and one-time fees, hiding true SaaS gross margin.
  • Be unable to answer when investors ask if NRR reconciles to your recognized revenue.

Qepex Books Will...

  • Recognise subscription revenue correctly under ASC 606 / IFRS 15, maintaining a live deferred revenue schedule.
  • Reconcile every Stripe payout at the transaction level—separating gross charges, refunds, and fees.
  • Deliver a monthly MIS pack with segmented revenue, true SaaS margins, and clear unit economics.
  • Answer investor due diligence questions with pre-prepared, defensible working papers.

The Complete SaaS Finance Suite

Every service below is designed specifically for subscription models, deferred revenue, MRR reporting, and the standards that govern recurring revenue businesses.

A. Core Bookkeeping & Month-End Close

1. Cloud Bookkeeping (Ongoing)

Your SaaS business generates financial events continuously. We run your full bookkeeping cycle inside QuickBooks Online, Xero, or Zoho Books — built on a SaaS-native chart of accounts, not retrofitted from a generic template.

Deliverable

Reconciled ledger, trial balance, month-end pack.

2. Month-End Close & Pack

A disciplined close process is the difference between reactive and controlled finance. We run a structured, deadline-driven close covering every journal entry, accrual, prepayment, and reconciliation.

Deliverable

Month-end pack (P&L, Balance Sheet, variance highlights) delivered within 5–7 days.

3. Historical Bookkeeping Clean-Up

If you are preparing for a Series A or B, investors will find what you haven't fixed. We fix opening balances, resolve misclassifications, and reconcile prior periods fully.

Deliverable

Clean trial balance, migration mapping doc, reconciliations.

4. Chart of Accounts (COA) Design

We design a SaaS-native COA from the ground up: subscription revenue separated from professional services, cost of revenue structured to produce true SaaS gross margin.

Deliverable

COA + mapping guide and starter templates.

B. Revenue, AR & Billing Operations

5. Subscription Revenue & Recognition (ASC 606 / IFRS 15)

Under ASC 606, revenue can only be recognized as performance obligations are satisfied. Every annual prepayment creates a deferred revenue balance that unwinds monthly. We manage this systematically.

Deliverable

Deferred revenue schedule + journal entries.

6. Invoicing & Receivables Management

For SaaS companies on enterprise pricing, AR management is revenue management. We issue invoices, reconcile payments, send customer statements, and handle reminder flows.

Deliverable

AR ageing, collection tracker, standardized invoice templates.

C. Payables, Procurement & Payments

7. AP Intake & Vendor Reconciliations

SaaS cost structures are vendor-heavy (AWS, Stripe, Twilio). We standardize your vendor file, process invoices, batch them, and ensure they are coded correctly to COGS vs OpEx.

Deliverable

AP ageing, vendor master clean-up.

8. Payment Run Advisory

We advise on payment timing, batching, and controls to protect your cash position and prevent unauthorized payments. (Note: We do not execute client payments directly).

Deliverable

Payment run checklist and approval flow.

D. Payroll, Tax & Audit Support

9. Payroll Reconciliation & Ledger Maintenance

We reconcile payroll liabilities and post journals with correct functional cost allocation across S&M, R&D, and G&A. (We do not file payroll taxes).

Deliverable

Payroll reconciliation reports, clean payroll ledger.

10. External Auditor / Tax Advisor Liaison

When auditors or investors arrive, we prepare the complete working papers pack in advance: reconciliations, schedules, and documents ready for review.

Deliverable

Auditor pack (working papers) and Q&A responses.

E. Assets, FX & Accruals

11. Fixed Assets & Capitalised Software

Under ASC 350-40, qualifying internal-use software development costs should be capitalized. We maintain the asset register and execute monthly depreciation/amortization entries.

Deliverable

Asset register + monthly depreciation entries.

12. Multicurrency Ledger Management

FX booking, revaluation, realized/unrealized FX P&L, and multicurrency bank/gateway reconciliations (Stripe, PayPal, Wise).

Deliverable

FX revaluation report and journal entries.

13. Accruals & Prepayments

Establish and automate accrual schedules, prepayments, and monthly adjusting journal entries to ensure your P&L reflects economic reality, not just cash timing.

F. Reporting & FP&A (Value Add)

14. Management Reporting / MIS Pack

Standard P&L by segment, cash flow summary, KPI dashboards, burn analysis. Built for founders and boards.

Deliverable

Monthly MIS pack + single-page executive summary.

15. Cashflow Forecasting

Short-term rolling cash forecast accounting for actual timing of collections, payroll, and vendor schedules. Includes scenario analysis.

Deliverable

13-week cashflow model + scenario snapshots.

16. KPIs & Unit Economics

Setup and monthly tracking of industry-specific KPIs (CAC, LTV, Gross Margin by SKU/segment).

Deliverable

KPI dashboard + methodology doc.

G. Controls, SOPs & Process Work

17. Bookkeeping SOPs & Workflows

SOPs for invoice intake, approvals, reconciliations, and backup retention.

Deliverable

SOP pack + one-page cheat sheets.

18. Segregation of Duties

Advice on role permissions, user provisioning, and limited access across your financial stack.

Deliverable

Access matrix + recommended role definitions.

19. Health Check & Quick Audit

2–3 week diagnostic that finds quick wins and risk issues before due diligence.

Deliverable

Health check report with prioritized fixes.

H. Specialist & CFO Services

20. Transaction Classification Engine

Reusable rules library for auto-coding and exceptions management.

21. In-House Training

Remote training sessions, recorded modules, and QA tests for your internal bookkeepers on SaaS specifics.

22. Data Migration & M&A Clean-up

Rapid cleanups for buyers/sellers prior to Due Diligence. Cleaned dataset + P&L/BS aligned to buyer requirements.

23. Virtual CFO / Finance Controller

Monthly strategic support, supervision of bookkeeping, liaising on financial strategy, pricing architecture, and fundraising preparation.

Explore CFO Services

The Tools Behind SaaS-Grade Finance

We do not operate in proprietary black boxes. We work inside the platforms your team already uses.

Core Accounting

  • QuickBooks Online
  • Xero
  • Zoho Books

Payments & Data

  • Stripe
  • PayPal
  • Wise
  • Plaid

Reporting & Models

  • Microsoft Excel
  • Google Sheets
  • Power BI

Collaboration

  • Google Workspace
  • Notion
  • Trello
The Engagement Timeline

Built for SaaS Complexity

Phase 1: Client Acquisition & Onboarding

Day 0–3

Discovery call to understand complexity. Definition of scope, signing of NDA, DPA, and Service Agreements. Secure collection of access credentials.

Phase 2: System Setup / Clean-Up

Day 3–10

Trial balance review, bank vs books mismatch check, fixing opening balances, and SaaS Chart of Accounts optimization.

Phase 3: Monthly Bookkeeping Execution

Ongoing (Core Service)

Daily/weekly transaction categorization. Month-end close by Day 7. Bank recon, revenue recognition, FX adjustments, and strict Senior Review Layer validation.

Phase 4: Reporting & Analytics

Monthly

Creation of P&L, Balance Sheet, Cashflow, and KPI dashboards. Client review meeting to present insights and red flags.

Phase 5 & 6: Advanced & Continuous

As Needed / Ongoing

SaaS subscription accounting, cashflow forecasting, automation projects, and continuous improvement of SOPs.

Transparent Pricing

Built for How SaaS Actually Scales

SaaS finance isn't one-size-fits-all. We price clearly, upfront, and before you commit.

Discovery

No pressure. No generic pitch. Just clarity.

Free

  • 30 mins with a senior professional
  • Review of your current books
  • Billing & revenue assessment
  • Bonus: Sample SaaS MIS Pack
Book Now
Most Popular

Growth Plan

For Early-Stage SaaS (Pre-rev → ~$3M ARR)

Starts $479/mo

Confirmed in writing before commit

  • Monthly cloud bookkeeping
  • Month-end close + reporting pack
  • Deferred revenue + ASC 606
  • Stripe & gateway reconciliation
  • Core KPI dashboard (MRR, Burn)
Select Plan

Enterprise Plan

For Scaling SaaS (Series A+)

Starts $1499/mo

  • Everything in Growth, plus:
  • Advanced SaaS KPI suite (NRR, CAC)
  • 13-week rolling cash flow modeling
  • Multi-currency accounting & FX
  • Senior monthly review call
Request Quote

Need a Custom Engagement?

Historical clean-up, Fast Lane audits, M&A prep, or Virtual CFO.

Let's Talk Scope →

What Qepex Books Does Not Do

We believe strong engagements start with clear boundaries. Defining what sits outside our scope avoids confusion and protects both sides.

  • Payroll Tax Filing: We handle the accounting side (journals, reconciliation) but not the actual tax compliance filings.
  • Corporate Tax Advisory: We prep your books for your CPA, but we are not registered tax advisors.
  • Statutory Audits: We make your books audit-ready, but the audit itself must be performed by an independent firm.
  • Legal Advice: Agreements we issue are standard; you should have your counsel review them.

Legal & Data Protection

Every QEPEX Books engagement begins with three foundational legal agreements executed before any access is granted.

  • Non-Disclosure Agreement (NDA): Mutual, comprehensive, and binding. Covers MRR data, customer info, and pricing architecture.
  • Data Processing Agreement (DPA): Defines exactly what data we process, aligned with GDPR/CCPA.
  • Service Agreement: Defines precise scope of work, timelines, and liability framework.

Stop guessing.
Start knowing your business.

Get clarity, control, and the right support — all in one place. Focus on growth while we handle the rest.