The company is preparing for its first institutional review
Founders need coherent books, wallet records, runway assumptions, and supporting schedules before fundraising, diligence, a board update, or a major commercial agreement.
Web3 startups
The right financial foundation gives founders a clearer view of runway, token activity, investor reporting, and the decisions that matter next.
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Founders need coherent books, wallet records, runway assumptions, and supporting schedules before fundraising, diligence, a board update, or a major commercial agreement.
Bank activity may be current while treasury wallets, grants, token receipts, contractor payments, protocol activity, or historical transfers remain outside the accounting process.
Approvals, source collection, classification decisions, and reporting depend on one person, making each close slower and leaving little time for forward-looking decisions.
Potential deliverables
Depending on the available records, stakeholders, and agreed level of review, an engagement may include:
How we help
Set up accounts, policies, wallet records, and ownership responsibilities early.
Give investors and advisors a more coherent financial picture.
Build workflows that can mature as headcount, entities, and on-chain activity grow.
Engagement process
Start with the financing, runway, board, compliance, hiring, or operating decision the founders need to support, then agree on entities, periods, stakeholders, and deadlines.
Inventory authorized fiat and digital asset systems, establish wallet and account ownership, and surface missing history, opening balances, and unsupported assumptions.
Reconcile material activity, document classifications and exceptions, assign review ownership, and produce the agreed books and schedules for the period.
Once the underlying records are dependable enough for their intended use, introduce proportionate cash, runway, budget, scenario, or stakeholder reporting without presenting estimates as guarantees.
Common questions
Common triggers include opening multiple wallets or entities, paying contributors in digital assets, launching or receiving tokens, preparing for fundraising, losing confidence in runway data, or approaching a tax, audit, or reporting deadline. The right starting scope depends on the records and the next decision.
Not necessarily. Some startups first need source coverage, reconciliations, and a reliable close. Planning and CFO support are most useful when the underlying records and management cadence are sufficiently dependable for the decisions being made.
The engagement can include agreed financial statements, reconciliations, runway schedules, budget comparisons, and supporting records. Bit Bookkeeper does not provide assurance, valuation, legal advice, fundraising guarantees, or representations on an investor's behalf.
Token treatment depends on specific facts and may require coordinated accounting, tax, and legal analysis. We can organize the underlying activity and questions, but we do not substitute operational bookkeeping for a qualified legal opinion or an engagement-specific tax conclusion.
Engagement outcomes
Every engagement is scoped around the available facts, required level of review, and the decisions your organization needs to support.
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Tell us where the complexity sits. We’ll help define a practical next step.
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