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Sample Chart of Accounts in SaaS

The SaaS CFO

Sample Chart of Accounts for SaaS I’ve received quite a few requests about a sample chart of accounts for SaaS, so let’s address a super critical component of your accounting. The post Sample Chart of Accounts in SaaS appeared first on The SaaS CFO.

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The Implication of Secular Increases in SaaS CAC

Tom Tunguz

One of the major trends facing SaaS companies today is the rising cost of customer acquisition. The chart above shows the increasing cost of customer acquisition on a per company basis. Account expansion requires far less effort than a brand-new sale because there is much less friction. The first is competition.

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By the time you're at $2-3M in ARR, you need a VP of Sales who's done it before

The Angel VC

For most SaaS startups, the VP of Sales (along with the VP of Marketing) is one of the most crucial hires they need to make. Lemkin gave an epic talk about the subject at our 3rd annual SaaS Founder Meetup, last year in San Francisco. Unless you have a no/low touch sales model and you're growing virally (a.k.a. hunting elephants ).

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The Complete List of Product Manager Interview Questions: 20+ Essential Queries

User Pilot

Product management encompasses the entire SaaS lifecycle from ideation to launch and everything that follows. In this ultimate list of product manager interview questions, we have tried to simplify the process of hiring great product managers. What to look for in product managers? What to look for in product managers? Communication skills.

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SaaS Chart of Accounts

It’s no secret that general ledgers aren’t optimized for SaaS companies. Your QuickBooks or Xero Chart of Accounts is no different. The following Excel template is a sample Chart of Accounts that you can download and customize to fit your business needs.

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Lazy NRR is Not NRR. Accept No Imitations or Subtitutes.

Kellblog

How much the water level increased in the SaaS leaky bucket of ARR. That’s in part due to our quarterly churn of 7%, annualized to 28%, which flies off the charts. He made a few comments and concluded with, “and net revenue retention (NRR) is thus 112%, not bad.”. I thought, “Wait, stop! You can’t calculate NRR from an ARR bridge [2].”

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Why your LTV might be higher (or lower) than you think

Point Nine Land

If you’re an early-stage SaaS startup, still in the process of getting to Product/Market Fit, or doing your first experiments to attract and convert leads, you shouldn’t worry too much about customer lifetime value (LTV or CLTV) and related metrics. This way the formula factors in account expansions and contractions (e.g.