NEWS & EVENTS

The Ultimate Guide to Accounting Software for Startups in Cambodia

April 28, 2025

Startups move fast—your accounting software should too. Whether you're pre-revenue or scaling like crazy, this guide breaks down everything you need to know about choosing the right accounting software to save time, reduce stress, and keep investors happy.

Why Accounting Software Isn’t Optional for Startups

Let’s be real—most startup founders didn’t launch their business to obsess over balance sheets. But the truth is, poor financial management is one of the top reasons startups fail.

The right accounting software won’t just help you “do the books.” It’ll help you:

  • Track burn rate and runway
  • Manage investor reporting
  • Stay compliant with tax laws
  • Get clear on cash flow (a.k.a. your startup’s lifeline)


What Startups Need in Accounting Software

Your needs as a startup are unique. You're not a giant corporation (yet), and you don’t have a full finance team. So your software has to do a lot, without being overwhelming or overpriced.

Here’s what to look for:

1. Ease of Use (No Finance Degree Needed)

You need a dashboard that makes sense—even if your background is in code or design, not accounting.

2. Scalability

Start lean, but grow smart. Choose software that can grow with your startup—from solo founder to full team with departments.

Automated Bookkeeping

Auto-categorize expenses, sync with your bank, and reconcile with a click. Time saved = money saved.

Invoicing & Payments

Send pro invoices, accept online payments, and chase down late payers with built-in reminders.

Expense Tracking & Budgeting

Keep tabs on marketing spends, SaaS subscriptions, coffee-fueled brainstorm sessions—you name it.

Tax Filing & Compliance Tools

Whether it’s VAT, TOI, or annual returns, your software should keep you tax-ready at all times.

Multi-Currency Support (If You're Global)

If you’re billing clients or raising capital internationally, this is a must-have.

Reports That Actually Help You Make Decisions

Think cash flow forecasts, P&L statements, and burn rate visuals—not just spreadsheets for your accountant.

5 Best Accounting Software for Startups in 2025

1. MAQSU

Built for Cambodia, Powered by the Cloud.
MAQSU isn’t just accounting software — it’s a full business operating system. Handle bookkeeping, IFRS/CIFRS reports, tax e-filing, digital approvals, and production management — all in one secure cloud platform, tailored for Cambodian businesses.

2. Xero

Beautiful Accounting for Small Businesses.
Xero makes bookkeeping effortless with real-time bank feeds, smart invoicing, and powerful financial reporting — perfect for small and growing businesses who want simplicity without sacrificing power.

3. QuickBooks

The Global Gold Standard for Accounting.
QuickBooks offers everything from invoicing and payroll to expense tracking and cash flow management — trusted by millions worldwide for intuitive, scalable business finance control.

4. Localize

Made by Cambodians, for Cambodian Businesses.
Localize offers user-friendly accounting tools focused on the realities of doing business in Cambodia — from bilingual support to local tax calculations, helping SMEs manage finances the Cambodian way.

5. BanhJi

Simple, Smart Accounting for SMEs in Southeast Asia.
BanhJi brings accessible cloud accounting to startups and small businesses with easy invoicing, expense tracking, and localized financial templates — all with a focus on affordability and ease of use.

Final Thoughts: Set It and Don’t Forget It

Accounting software isn’t just a checkbox—it’s a tool for survival and growth. The right platform will give you the clarity, confidence, and control to make smarter decisions, win over investors, and focus on what matters: building your startup.

When it comes to managing your finances, the right accounting software makes all the difference.
Whether you're looking for powerful reporting, easy tax filing, multi-device access, or a system that understands Cambodia’s unique financial regulations — there's a solution for every business.

But if you’re serious about growing, staying compliant, and running a smarter business in Cambodia, MAQSU stands out.

Why MAQSU?

  • It's not just accounting — it's a full business management platform.
  • Built for Cambodian businesses with IFRS, CIFRS, and e-Filing support.
  • Offers powerful financial reporting, inventory, production, and digital approval tools — all in one place.


If you want more than just basic bookkeeping — if you want to future-proof your business — MAQSU is the smart choice.

Ready to upgrade your accounting and grow your business faster?