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Accounting Firm in Minneapolis | CBO Accounting & Advisory

Know your numbers. Every month. No surprises.

CBO is a Minneapolis accounting firm for small and growing businesses. Outsourced accounting, tax planning, controller and fractional CFO services.

RESPONSE TIME
MONTHLY REPORTS
ONBOARDING
INSTANT QUOTE · 60 SECONDS● No phone call
WE WORK WITH
QuickBooks OnlineXeroGustoADPPaychexBill.comExpensifyStripeQuickBooks OnlineXeroGustoADPPaychexBill.comExpensifyStripe
Problems we solve

How CBO helps

CBO works in three layers, and most clients use more than one. Tax keeps you ahead of what you owe, accounting keeps the numbers right, and advisory turns those numbers into decisions. Start with whichever you need most and add the others as your business changes.

Tax

Business tax planning that runs all year, plus business and personal tax preparation for owners and investors.

Accounting

Outsourced accounting, monthly reconciliations, month-end close, financial reporting, payroll support, and QuickBooks cleanup.

Advisory

Outsourced controller oversight and fractional CFO advisory: budgets, cash flow planning, performance analysis, and support for financing and growth.

Everything your business needs

What you get
every month

A steady routine matters more than any single report. Every month, you can count on the same six things:

Outsourced accounting
Monthly bookkeeping, reconciliations, and financial statements delivered on time.
Tax planning
Year-round strategy that keeps more money inside your business.
CFO advisory
Budgeting, forecasting, and cash flow planning as you scale.
Payroll coordination
Accurate payroll review and filings, so deadlines never slip.
Sales tax
Multi-state calculation, tracking, and filing.
Catch-up bookkeeping
Months behind? We bring your books current, then keep them there.
monthly close · june 2026
CLOSE PROGRESS4 of 6 done
​
P&L
+$62.7K
CASH
$148.2K
A/R
$21.4K
How it works

From shoebox to monthly reports in two weeks.

Getting started is easy. We handle the heavy lifting so you don't have to.

DAY 1
Tell Us About Your Business

Free assessment and an estimate in 60 seconds. No phone call required, just answer a few quick questions.

WEEKS 1–2
We Set Up Everything

Onboard in 1–2 weeks. We connect to your accounting software, clean up any backlog, and configure your chart of accounts.

EVERY MONTH
Your Books, Handled

Monthly close and financial statements by the 15th. Full visibility into your P&L, balance sheet, and cash flow.

Industries we serve

We speak your industry's financial language.

Property-level books that lenders trust.

Per-property income and expense tracking, depreciation planning, and lender-ready reports.

✓Books and P&L by property✓Depreciation and cost segregation planning✓Lender and investor reporting
PROPERTY P&L · SAMPLE● Up to date
Rent collected$4,800.00
Maintenance−$640.00
Management fee−$384.00
Net operating income$3,776.00

See your prime cost before the month ends.

Food cost, labor cost, and sales tax tracked daily, so you can adjust menus and schedules in time.

✓Daily sales and COGS tracking✓Labor cost by day and shift✓Sales tax and tip reporting
PRIME COST · SAMPLE● Up to date
Food cost32%
Labor cost31%
Prime cost63%
Sales tax filed✓ On time

Know which jobs make money before you finish them.

Job costing, WIP schedules, and retainage tracking, with statements your surety will accept.

✓Job costing and WIP reports✓Retainage and progress billing✓Bonding-ready financial statements
JOB COSTING · SAMPLE● Up to date
Job A margin18%
Job B margin8%
Retainage held$42,500.00
WIP schedule✓ Current

Per-mile profitability, IFTA filed on time.

Revenue and cost per mile for every truck, with fuel tax and driver payroll handled correctly.

✓Revenue and cost per mile by truck✓IFTA fuel tax filings✓Driver payroll and 1099 reporting
PER-MILE · SAMPLE● Up to date
Revenue per mile$2.41
Cost per mile$2.12
Margin per mile$0.29
IFTA✓ Filed

Know which clients and projects really pay.

Billable hours, WIP, and client profitability reconciled monthly, so you can plan growth with real numbers.

✓Billable hours and WIP tracking✓Client profitability reports✓Partner compensation and tax planning
CLIENT PROFITABILITY · SAMPLE● Up to date
Client A42% margin
Client B31% margin
Client C8% margin
Billable hours reconciled612 / 612

Margin by category, inventory under control.

Gross margin by department, shrinkage tracking, and multi-state sales tax for stores and markets.

✓Gross margin by category✓Inventory and shrinkage tracking✓Multi-state sales tax
CATEGORY MARGIN · SAMPLE● Up to date
Produce28%
Prepared food64%
Shrinkage2.8%
Sales tax✓ Filed
Compare options

Why outsource your accounting?

See how CBO compares to doing it yourself or hiring in-house.

​DIYHire In-HouseCBO
Monthly costYour time (10–20 h/mo)$45K–$60K/yr$800–$2,500
Reports on timeOften behindVariesBy the 15th
Dedicated team×✓✓
Tax-ready books×Maybe✓
Scales up or down××✓
CFO-level advisory××Add-on
Team or office photo (placeholder)
CBO · MINNEAPOLIS
Why CBO

Year-round partnership, not seasonal service.

Most accounting firms disappear after April 15. We do not. CBO is your year-round partner for accounting, tax planning, and advisory.

BASED IN
Minneapolis, MN
RESPONSE
Within 24 hours
CREDENTIALS
[To confirm]
What our clients say

"[Client testimonial 1: 2 to 3 sentences about working with CBO.]"

C1
[Client name 1]
[Title, company]·★★★★★

"[Client testimonial 2: 2 to 3 sentences about working with CBO.]"

C2
[Client name 2]
[Title, company]·★★★★★

"[Client testimonial 3: 2 to 3 sentences about working with CBO.]"

C3
[Client name 3]
[Title, company]·★★★★★
FAQ

Frequently asked questions.

Something else? Write to [email protected].

Every business is different. Most small businesses in Minneapolis pay between $800 and $2,500 per month for full-service accounting. Use the estimate above for a range.

No. The estimate is a range based on your answers. Your exact price is confirmed during a 15–20 minute discovery call.

No. Your monthly fee includes what we discuss on your call. Any add-on is explained upfront and approved by you first.

Yes. As your business grows you can upgrade or downgrade at any time, and your fee is adjusted accordingly.

We quote catch-up work separately and create a plan to get you current. Then we keep you there with the monthly close.

Yes. Most clients can cancel with 30 days notice. We want you to stay because you are happy, not because you are locked in.

Ready to stop stressing over your books?

Get your estimate in 60 seconds, or call us and we will walk you through it.

ONBOARDING1–2 weeks
MONTHLY (TYPICAL)$800–$2,500
REPORTSP&L, balance sheet, cash flow
HOURSMon – Fri · 9am – 5pm CT