Bookkeeping

This Is Why

We Should Work Together

You didn’t start a successful business so that you had to stop what you are doing to reconcile accounts and create monthly financial statements. But we did. When you outsource your accounting to our team, we give you the freedom to focus on your business, knowing you’ll receive accurate, detailed books every month.

Extreme Accuracy

They say the devil is in the details. Get accurate books delivered monthly, on the dot. Our expert team is well versed in closing your books accurately so that you have sound financial information.

Accrual or Cash Basis

Depending on where your business is at, you may need cash basis or full accrual accounting. We have the expertise and skillset to provide you with either one and can help you make the decision as to which form of reporting is best for your business.

Built for Growing Businesses

Our team is built to support growing businesses. Whether you need full accrual accounting or are in need of seasoned services such as budgeting, forecasting and cash management, we have the expertise and tools to help you achieve success.

Bank/Credit Card Reconciliation

As part of the monthly financial close, our team reconciles all bank & credit card accounts, so you never have to worry about any discrepancies, and you know your financial statements are 100% accurate.

Month-End Close

We have a rigorous monthly close process that caters to your businesses specific needs and ensures you are delivered accurate timely financials. We spend as much time as you need going over your numbers.

Full Service

Beyond bookkeeping, we're here for your growing financial needs. With our CFO services, income tax preparation and tax strategies we support everything from CFO services, filing business income taxes to reducing tax liabilities.

Bookkeeping FAQs

What is the difference between cash basis and accrual accounting?

Cash basis accounting records income when cash is received and expenses when cash is paid. Accrual accounting records income when it is earned and expenses when they are incurred, regardless of when cash changes hands. Cash basis is simpler and often used by smaller businesses; accrual accounting is required as businesses grow, seek financing, or prepare for a sale. Expert Fractional CFO can handle either method and help you determine which is right for your business.

How much does bookkeeping cost for a small business?

Professional bookkeeping typically costs between $300 and $2,000 per month for small businesses, depending on transaction volume, the number of accounts, and whether payroll is included. Expert Fractional CFO offers comprehensive bookkeeping as part of a monthly package that also includes CFO advisory and tax strategy — so you get more value from a single, coordinated financial team.

Do I still need a CPA if I have a bookkeeper?

If your bookkeeper is not also handling your tax preparation and strategy, you will still need a CPA for year-end filing. Expert Fractional CFO provides both bookkeeping and income tax preparation under one roof, which means your books and your tax returns are always aligned and you avoid the common problem of your CPA receiving messy records at year end.

What accounting software does Expert Fractional CFO use?

We work with the leading cloud accounting platforms including QuickBooks Online and others, and we implement accounting automation tools to reduce manual data entry and improve accuracy. We can work within your existing systems or help you migrate to a more efficient platform.