Disclaimer: Puzzle is accounting software. On-demand bookkeeping and tax advisory services are available through our partner network, which may be purchased directly at an additional cost. Puzzle assumes no responsibility or liability for their services. Please note we are constantly shipping new features, so feature list is subject to change.
Quick Start
A real-time, guided experience for founders to set up and categorize transactions themselves.
Disclaimer: Puzzle is accounting software. On-demand bookkeeping and tax advisory services are available through our partner network, which may be purchased directly at an additional cost. Puzzle assumes no responsibility or liability for their services. Please note we are constantly shipping new features, so feature list is subject to change.
Price comparison for formation stage startups
As your first accounting solution, Puzzle is not only better, it is also cheaper. Founders can get started themselves in a simple, guided experience, invite their bookkeeper or hire an on-demand bookkeeper anytime. Compare for yourself:
Disclaimer: Prices are for formation based startups. Pricing and benefits do vary and every startup should evaluate pricing and functionality based on their needs. Prices above are based on the lowest cost price to prepare monthly financials, as of 1/1/23, which can include self service options. Prices could be higher for additional services beyond bookkeeping, such as paying bills and running payroll.
Is Puzzle a complete accounting software solution (i.e. a general ledger)?
Yes. Puzzle is a complete double ledger entry accounting solution. Transactions recorded in Puzzle are verifiable and auditable in your general ledger so that you and your team can rely on Puzzle reports for your most important and sensitive use cases like fundraising, shareholder communications, and preparing and filing tax returns.
Does Puzzle automate all of the accounting for me?
No. Accounting cannot be fully automated. We automate the parts of accounting that are better suited for software, like preparing draft financial statements, reconciliations, rule creation, schedules and other advanced accounting needs. It still requires human oversight, whether someone at the company or one of our partner acccounting and tax firms. The automation should lead tofaster, more accurate financial statements at a fraction of the cost.
Do you have recommendations for bookkeepers and tax advisors?
Yes. You can do the books yourself, invite your own bookkeeper or hire an on-demand bookkeeper or tax preparer via Puzzle. We partner with leading startup bookkeeping and tax firms. For some firms there is reduced pricing for Puzzle customers, given our automation makes their job faster, easier and more accurate.
Are the data and integrations secure?
Yes. We do not store any usernames or passwords in our system, and all connections are encrypted end-to-end. Our security practices are designed to protect your data, both internally as well as with our partners. You can read more about our security practices here.
What integrations do you support?
We are constantly evaluating additional integrations, so if you don't see something on the list you want to see, please email us at [[email protected]].
Current integrations:
Revenue
Stripe natively.
Payroll
Gusto and Rippling natively.
Banks
Mercury and Brex Cash natively.
All other major banks like Silicon Valley Bank, First Republic, Chase, Wells Fargo, etc through aggregators Plaid and Finicity.
Credit Cards
Brex and Ramp natively.
All other major credit cards like Chase, Silicon Valley Bank, Capital One through aggregators Plaid and Finicity.
Are your financials generated on a cash basis or accrual basis?
Puzzle supports simultaneous cash and accrual books. Our system currently generates real-time, verifiable financial statements on a cash basis. You can make accrual adjustments monthly, or just for end of year for taxes, just as you would with any accounting software. We are constantly shipping new automations around cash-basis and accrual-basis books.
Why does Puzzle have a free tier?
We believe accounting and finance should be a core competitive advantage starting from day one, even for startups who cannot yet afford world class accounting and finance teams. A lot of expensive issues can arise from setting up accounting the wrong way across taxes, fundraising and making financial decisions without great data. We want all startups to be able to setup their financial systems for scale, from incorporation, and don’t want cost to be a barrier of entry.
There are optional paid plans for more features commonly needed as your business gets more complex. You will have the option to enroll in a paid plan should you choose. We will not auto-enroll you. And should you ever not like the product, you can stay on the free tier, download your data or delete your data anytime.
We ask that you please give us feedback on what else we can build, what you like, what you don't like, and report any issues to[email protected].
Can I submit a request for a new feature?
Absolutely!
We are here to build features for you, so please send us suggestions.
Deleting your data is permanent and cannot be undone. While we hope you love our product, you can delete your data anytime. It is your data. We do not sell it and you are the only one who can access or see it. The data is read-only, and we cannot make changes to any of your systems.
Do you sell my data?
No. You can confirm and read more about this in our privacy policy.
How do I calculate my runway?
Puzzle provides an estimated, run-rate runway on your dashboard using your cash and historical burn. If you want to do scenario planning, then here are some other options:
StartupRunway.io
We have a partnership with the Long Term Stock Exchange's Runway (startuprunway.io), where you can export your data to their system and generate as many runway scenarios as you like. It is simple and free.
Runway.com
We have a partnership with Runway.com, one of the best financial planning and analysis tools we have seen. Runway.com can handle much more advanced functionality natively via our API.
Excel or Google Sheets
You can export CSV or structured reports anytime to support your custom or third party models.
Is Puzzle financial planning and analysis (FP&A) software?
FP&A (financial planning and analysis) software is used to help a company project their future financial state by building financial models and changing variables such as revenue growth, expense growth, employee count etc. This can help a finance teams decide how much they need to raise and how much they can grow their expenses without running out of cash.
To make these kinds of financial models an FP&A system needs to plug into a general ledger that has your current financials, such as Quickbooks. As Puzzle is a modern general ledger, you would not need a legacy general ledger like Quickbooks. We are not competitive with FP&A platforms, rather are partnering with different platforms to ingest Puzzle data and allow users to build financial models on top of Puzzle data.
Can I use Puzzle alongside my existing accounting solution?
Technically yes. That said, Puzzle works best as your core accounting solution to maximize the benefits across your accounting, finance and startup metrics. If you are not maintaining your books and data quality in Puzzle, the accuracy of your metrics and financials would be compromised.
Get started with accounting software you’ll actually enjoy using