Top 10 Best Bookkeeping Services in Minneapolis, MN June 2023

bookkeeping firms minneapolis

They are very knowledgeable and thinking ahead to what the clients may be needing in the future. We would highly recommend Smith Schafer to our family and friends.” Reconciling your business checking account monthly allows us to keep your bank account, accounting, and tax situation up-to-date. As a small business owner you have more important things to do than to keep your own books. We can maintain your books for you, so you can get back to running your business and generating profits. Accountant websites designed by Build Your Firm, providers of CPA and accounting marketing services.

  • Accountant websites designed by Build Your Firm, providers of CPA and accounting marketing services.
  • However, it can be maneuvered easier if you know what to look for, have realistic expectations, and ask the right questions.
  • Whether you are setting up a new company or you have been in business for years, you need to evaluate which legal structure is best for your enterprise.
  • Without it, business owners are making uninformed decisions that can negatively impact their bottom line.
  • They awarded CSI with the 2013 Large Firm of the Year Award, and in 2018, they awarded owner Brian Paulson with the Lifetime Achievement Award.

If you are looking for a financial adviser, we suggest you review our checklist for finding the right CPA. We are always available to communicate with you so you fully understand how to interpret and utilize the financial information we provide. Our consultations are included in our fee, so please call us whenever you have a question or concern.


Everyone on the Corneliuson team (owners, accountant, payroll administrators, and receptionists) have delivered exceptional service. For a fixed monthly fee, our accounting and consulting programs deliver value to our clients with integrated services that yield financial insights to help clients make better business decisions. At LB Carlson, we are experts at keeping your business moving forward. Our consistent communications, strategic big-picture thinking, and experience serving thousands of businesses in the greater St. Cloud and Minneapolis communities make us different than other accounting firms. “Smith Schafer always provides great information for our business.

What are the disadvantages of a bookkeeper?

  • Hiring a bookkeeper costs more than doing your own bookkeeping.
  • A bookkeeper isn't always necessary if your business is small enough.
  • You may have to learn new rules and processes.

We have leaned heavily on them with an interpretation of the PPP Loan and COVID-19 planning. They have been instrumental in our success and are always very knowledgeable and quick to respond to any of our questions.” We have been using their services for many years for our small business and personal taxes. We always feel well taken care of and that we are receiving the best advice, direction, information and tax preparation.” I have been working with Prudent Accountants for a couple of years and really am glad I have made the switch to their company.

Is Your Organization Suffering From A Lack Of Financial Professionals?

Accountants may offer a package rate for weekly, monthly or annual services to reward ongoing customers. Nationally, full-time staff accountants earn between $40,000 and $80,000, depending on experience and other factors. CSI serves small and medium-sized businesses that aren’t large enough to warrant having internal accounting or payroll departments. They specialize in small business accounting, bookkeeping, consulting, taxes, and payroll. They serve clients across the continental U.S., and their long Twin Cities (Minneapolis/St. Paul) history means they are on top of local ordinances.

An accountant may charge an hourly rate when a company or individual needs their services on a short-term basis, such as when performing an audit or requesting assistance setting up a financial database or process. Hourly rates can range as widely as $40 per hour to $300 or more per hour, depending on your geographic location and the accountant. Check out the average hourly rate for accounting services in your region.

Access Affordable Financial Services

We have extensive knowledge in QuickBooks and have QuickBooks Pro Advisors on staff to make your job easier. We are proficient in various accounting software packages and can help ensure a proper Bookkeeping Services in Minneapolis setup and provide ongoing support. You maintain 24/7 online access to accurate financial information for your business anytime, anywhere, whether through QBO access or a secure client portal.

How much should I charge as a bookkeeper?

To help answer some of your burning questions, take a look at a few average rates: The average hourly wage for a bookkeeper in the U.S. is $22 per hour. CPAs typically charge $200 – $250 per hour. Top bookkeepers in major cities may charge $500 per hour (or more).

Forensic accountants investigate financial crimes involving fraud, embezzlement and other issues. They often work closely with law enforcement and lawyers, and they can help determine the legality of financial activities, according to the BLS. Having us review your general ledger monthly allows us to hunt down any discrepancies such as double billings or  unrecorded payments.

What’s Included in Our Outsourced Accounting and Bookkeeping Services

“Smith Schafer has provided second to none service and value to my business and personal accounts for over 30 years. Their expertise and knowledge are unmatched by any other accounting firm I have encountered over all these years.” At Scott Reid CPAs, a Minneapolis CPA firm, we understand the challenges that small businesses are facing today. In order to be successful, every business owner needs access to accurate and timely financial accounting information.

Academic background, years in the field and professional reputation all can affect an accountant’s rates. Because of our low staff turnover, many of our team members have been a part of JAK + Co. for decades, giving our clients the perspective and stability they need. Our Minneapolis CPA firm will take the time to get to know your business so we can become a true partner in your success. We provide a range of small business accounting and bookkeeping services that can be personalized to meet your specific needs. Regardless of your industry, size, or growth stage, all businesses depend on their accounting systems for reliable and accessible financial information.

Tonsager Tax & Accounting Services

Prudent Accountants is a prominent accounting firm specializing in comprehensive accountancy and tax services across various industries. With their support, small business owners gain the freedom to focus on growing and managing their businesses while leaving the intricate details of numbers and financial matters to the experts. Their team of knowledgeable professionals and helpful auditors ensure that your tax returns are handled seamlessly and tailored to meet your specific requirements.