The Startup Bookkeeping Checklist: 8 Things to Set Up First

1. Separate business bank account — never mix personal and business transactions.

2. Cloud accounting software (QuickBooks, Xero, or Zoho Books) set up from day one.

3. A chart of accounts matched to your business model, not the software default.

4. A consistent invoicing template and numbering system.

5. A decision on VAT/tax registration timing based on projected turnover.

6. A monthly close checklist, even if the business is pre-revenue.

7. Digital receipt capture — no shoebox of paper receipts.

8. A named person (in-house or outsourced) accountable for bookkeeping, from month one.