Minneapolis Outsourced Accounting

We recognize business owners require consulting beyond the traditional services offered by a CPA firm. Whether you need help with your books, an accounting department, or a controller, we can help. 

Managing your business accounting needs can be time consuming, stressful and costly.
Smith Schafer can help with your accounting functions so you can focus your time and energy on growing your business.

Outsourced accounting provides you with:

  1. A better understanding of your financial condition
  2. More free time to focus on your business and craft
  3. Expert guidance towards your financial goals

Smith Schafer offers scalable accounting services. Whether you need help managing daily transactions or assistance with more strategic decisions, such as software analysis or outsourced CFO services, our accounting professionals can give you back valuable time and resources so you can focus on growing your company.

Outsourced Accounting Services:

  • CFO Services
  • Monthly Bookkeeping
  • Monthly/Quarterly Bank Reconciliations
  • Payroll Support
  • Financial Reporting
  • Accounts Payable Processing
  • Forecasting and Budgeting
  • Invoice Preparation
  • Account Receivable
  • Accounting System Design and Set Up
  • Payroll Tax Return Preparation
  • Quickbooks Pro Advisor Consulting

LESS TIME WORRYING ABOUT ACCOUNTING MEANS
MORE TIME TO FOCUS ON WHAT YOU REALLY CARE ABOUT.

Contact us today to learn more about how we can take the burden of accounting off your plate.

Accounting resources

10 FAQs: Accounting for PPP Loans and Forgiveness

10 FAQs: Accounting for PPP Loans and Forgiveness

Under the Paycheck Protection Program (PPP), the federal government authorizes up to $349 billion in forgivable loans to small businesses during the COVID-19 crisis. Small businesses are receiving loans, and many have questions on how to account for the funds, expenses, and forgiveness in their accounting records.

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Payroll Tax Credits & PPP Loan Guidance

Payroll Tax Credits & PPP Loan Guidance

In the last three weeks, two major pieces of stimulus legislation have been signed into law. Both acts provide opportunities for small businesses, but also require additional tracking for proper reporting.

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Do you use QuickBooks for your business?

Do you use QuickBooks for your business?

QuickBooks is a accounting software program businesses use to manage expenses, sales and daily transactions. It can be used to invoice customers, pay bills, generate reports for planning, tax filing and much more.

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