Stop worrying about the details. Let Froehling Anderson handle your internal accounting functions, so you’re free to focus on the heart of your business. From outsourced CFO services to cloud-hosted accounting applications, our professionals deliver back-office solutions that make your life easier—without the need for a full-time employee or additional office space. Plus, with experience across several industries, we bring proven best practices to your accounting policies, procedures and software.

Our Minneapolis Outsourced Accounting Services include:

  • Data entry of daily transactions (A/P & A/R)

  • Recording cash transactions

  • Check runs to assist with bill pay

  • Bank, credit card and account reconciliations

  • Payroll processing, including quarterly and annual payroll tax returns

  • Sales tax return filings

  • Reviewing bookkeeping transactions

  • Closing of the books to create financial statements

  • Budget preparation

  • Reviewing prior financial periods and trends to discuss financial statements with business owners

  • Reviewing office and accounting procedures for efficiencies or improvements

Payroll Services

  • Compile payroll hours
  • Process payroll
  • Perform tax deposits for each payroll
  • Quarterly payroll tax reporting
  • Projection preparation or review

  • Budget review

  • Cash flow analysis

  • Maintaining relationships with banks and attorneys

  • Negotiating financing or restructuring of loan agreements

  • Hosted accounting applications (QuickBooks, Sage/Peachtree, Microsoft Office) and data

  • Easily, securely and reliably access applications and data from anywhere, at any time

  • Collaborate with your accountant through “real-time” information

How are you doing? This is the basic question Froehling Anderson can help you answer with our Minneapolis budgeting and forecasting services. From identifying key financial benchmarks to challenges with key employees, cash flow or inventory management, we provide an objective viewpoint on getting your numbers back on track. Building on our experience as former CFOs, controllers and business owners, our team understands the practical applications of budgets, from making payroll to negotiating with your banker. We take an educational approach with both annual forecasts and quarterly check-ins. Working with Froehling Anderson is like getting a regular business tune-up.