Verified Google Business Profile
Minneapolis · Twin Cities
CBO Accounting & Advisory Services
CBO is a Minneapolis accounting firm for small and growing businesses. Outsourced accounting, tax planning, controller and fractional CFO services.
CBO is a Minneapolis-based accounting and advisory firm serving individuals and growing businesses nationwide through in-person and virtual services.
How it works
Your outsourced accounting and advisory team
CBO works as an extension of your team. We manage the financial function your business needs today, from day-to-day accounting to controller support and CFO-level guidance.
FINANCIAL CLARITY
Clear reporting
Understand where your business stands with accurate financial information and reports that support better decisions.
ONE CONNECTED TEAM
Integrated support
Keep accounting, payroll, taxes and financial advisory aligned with one team that understands your business.
BUILT FOR GROWTH
Scalable guidance
Get the financial support you need today, with the flexibility to expand services as your business grows.
Our services
Accounting, payroll, tax and advisory support for your business
We are your trusted partner in accounting, tax and financial management. We provide the expertise and ongoing support your business needs to stay organized, make confident decisions and grow at every stage.
Organize
Accounting & Bookkeeping
Keep your books accurate and up to date with transaction recording, reconciliations, accounts management and monthly financial reports.Learn More →
Operate
Payroll ServicesSimplify payroll with accurate calculations, timely payments, employee records and payroll compliance.
Learn More →
Comply
Tax ServicesStay prepared with year-round tax planning, business and personal tax preparation, sales tax compliance and IRS support.
Learn More →
GROW
CFO & Controller ServicesMake informed business decisions with cash-flow forecasts, budgets, performance reporting and strategic financial guidance.Learn More →
fix
Bookkeeping Cleanup & Catch-Up ServicesGet your accounting back on track with reconciled records, corrected discrepancies and organized QuickBooks accounts.
Learn More →Calculate your monthly fee in 2 minutes.Get Your Free Estimate →
Industries
Industries we serve in Minneapolis and the Twin Cities
Different industries have different challenges, compliance requirements, and financial metrics that matter. You'll work with a team that understands your specific needs.
Construction & TradesTrucking & TransportationReal Estate Investors & Property ManagementRestaurants & HospitalityProfessional & Service BusinessesRetail, Grocery & Food MarketsSalons, Barbers & Tattoo StudiosAuto Repair & Automotive Services
WHY BUSINESSES CHOOSE CBO
A Minneapolis Accounting Firm That Understands Your Business
Accurate accounting is essential, but understanding your numbers is what helps you move forward. We combine reliable financial reporting, integrated accounting services and ongoing advisory support to help you stay organized and make informed business decisions.
01
Accurate Books & Reliable Reporting
Keep your financial records organized and up to date with consistent accounting processes, reconciliations and financial reports you can rely on.
02
Integrated Accounting & Financial Support
Bring accounting, payroll, taxes and financial advisory together under one team that coordinates your business's financial needs.
03
Proactive Guidance That Grows With You
Stay prepared for tax obligations and important financial decisions with year-round guidance and services that adapt as your business grows.
How it works
How to get started with CBO
Getting started is easy. We handle the heavy lifting so you don't have to.
DAY 1
Get Your Online Quote
Generate an online quote with our calculator and see your estimated monthly price range.
WEEKS 1–2
Tell Us About Your Business
Let us know what isn’t working and hear our honest recommendation.
EVERY MONTH
We Set Up Your Books and Monthly Routine
We connect your accounts, review your records, and establish your monthly bookkeeping routine.
Every month
What you get every month: clear reports, no surprises
Included in your monthly fee
Bank and credit card reconciliations
Categorization and review of all transactions
Financial statements: Profit & Loss, Balance Sheet
Monthly bookkeeping quality-control review
Payroll coordination/review (if you use payroll)
Sales tax filing (if applicable)
Basic email/phone support
Estimated tax calculation and payment guidance
Year-end tax readiness and books cleanup
Reasonable correspondence regarding bookkeeping/tax questions
Secure document portal and records management
What you won't get
Hidden fees or surprise invoices
Generic reports you don't understand
Month-end closes that take weeks to complete
FAQ
Frequently Asked Questions
How much does accounting service cost?
Every business is different, so pricing depends on your transaction volume, number of accounts, payroll needs, and other factors. Use our pricing calculator to get an instant estimate in 2 minutes. Most small businesses in Minneapolis pay between $600-$2,500 per month for full-service accounting.
What's included in your monthly fee?
Your monthly fee includes:
- Bank and credit card reconciliations.
- Transaction categorization and review.
- Financial statements (Profit & Loss and Balance Sheet).
- Monthly bookkeeping quality review.
- Payroll coordination and review (if applicable).
- Sales tax filing (if applicable).
- Basic email and phone support.
- Estimated tax calculations and payment guidance.
- Year-end bookkeeping review and cleanup.
- Support for routine bookkeeping and tax questions.
- Secure document portal and records management.
Do you work with businesses outside Minneapolis?
Yes. While we're based in Minneapolis and serve the Twin Cities area, we work with businesses across the United States. Our secure portal and communication tools make it easy to work together remotely.
What if I'm behind on my bookkeeping?
No problem. We help businesses catch up all the time. Let us know where you're at, and we'll create a plan to get you current. Catch-up work is billed separately from your monthly fee.
Do you handle tax preparation, or just bookkeeping?
We handle both. Your monthly fee includes year-end tax readiness and books cleanup. We also offer tax preparation and year-round tax planning to help you reduce surprises and make smarter decisions.
What's the difference between bookkeeping and outsourced accounting?
Bookkeeping focuses on recording transactions and reconciling accounts. Outsourced accounting includes bookkeeping plus tax planning, financial reporting, and advisory support—everything you need to run your finances without hiring an in-house team.
When should I consider CFO advisory services?
CFO advisory makes sense when you're ready to scale and need strategic financial guidance: budgeting, forecasting, fundraising support, or complex financial decisions. If you're asking this question, it's probably time for a conversation.
What types of businesses do you work with?
We work with a wide range of businesses and organizations, including:
- Sole proprietors (Schedule C).
- Limited Liability Companies (LLCs).
- S-Corporations.
- C-Corporations.
- Partnerships.
- Nonprofit organizations.
What Could Your Monthly Accounting Cost?
Use our calculator to get an estimated monthly range based on your business activity, accounts, and accounting needs. Know what to expect before you get started.