ABC Services

Bookkeeping

ABC takes care of your books so you can focus on what you do best.

Consulting

Get support on your financial systems and organizational development questions.

Workshops & Trainings

Empowering financial education for individuals and groups.

Consulting

Advice and Support: ABC can provide advice and support to help manage the finances of your organization.

Our areas of expertise include:

  • Cooperative Technical Assistance (start-up and operating)
  • Budgeting, cash flow projections, and financial modeling
  • Nonprofit audit support
  • Internal process review, internal controls, and creating financial policy manuals
  • Transitioning accounting systems from fiscally sponsored to independent 501c3
  • Product and service review and development
  • Technology consultation, selection, and implementation

Training on How to Do Bookkeeping: ABC can support sole proprietors and freelancers, staff, and members of organizations with training and professional development. We’ll build on what you already know and answer questions when you run into something new in your bookkeeping and finance processes.

Bookkeeping Review and Oversight: For organizations looking to strengthen their internal controls and separation of duties: If you do your books in-house, ABC can be another set of expert eyes for an added layer of accuracy in your financials.  Depending on your needs, this can include:

  • Quarterly Review and Oversight
  • Quarterly Reconciliation
  • Year End Review: Proofread making sure your books are clean, complete, and ready for 1099 filing and for sending to a tax professional for on-time filing

$275/hour standard rate (info on our solidarity rates linked here)

Bookkeeping

An ABC bookkeeping plan ensures your books are up-to-date and accurate, so that you have a strong financial foundation for your work. Monthly tasks can include:

  • Input all transactions for bank accounts and/or credit card accounts
  • Reconcile bank and/or credit card accounts
  • Provide Balance Sheet, Profit & Loss, and any other basic financial reports needed
  • Accounts payable and receivable: Tracking revenue, creating invoices, and recording payments; Entering vendor bills and payments
  • Journal entries (accruals, deferrals, AJEs, etc.)
  • Running and recording payroll (outsourced)
  • Record keeping and filing
  • 1099 preparation and filing (additional cost of $5/form plus applicable postage)

Standard rates listed below (info on our solidarity rates linked here)

Extra Small $250/month freelancers, sole props; Small $500/month; Medium $1,300/month; Large $2,600/month

Bookkeeping Plan FAQ

Ready to get started?

Initial Assessment

We start all potential bookkeeping relationships with an Initial Assessment (IA).

We’ll review your current financial systems and have a 1 hour call to look together at your books and get to know your needs.  We’ll also share how our cooperative works and answer any questions you have about ABC.  After the call, we’ll create a deliverable that identifies any issues, makes recommendations, and includes quotes for services (e.g. clean up, systems development, consultations, ongoing bookkeeping, training, and/or referrals).

The IA lets us get to know one another and figure out if a working relationship would be mutually beneficial.  The IA deliverable is designed as a standalone consultation and can be used to find the best fit for your needs, whether that’s ABC or another provider.

$380 standard rate (info on our solidarity rates linked here)

Set Up Package

If you are just getting started with an accounting program, we can make sure it’s correctly configured and orient you to your new system.  This includes:

  • Setting up your organization on QuickBooks Online, QuickBooks desktop for Mac/PC, Xero, or GnuCash
  • Configuring the chart of accounts
  • Setting beginning balances for balance sheet accounts
  • Setting up bank and/or credit card feeds
  • An orientation on the basics of information entry and pulling reports

$1,100 standard rate (info on our solidarity rates linked here)

Workshops and trainings

Cosmos Badge Logo: Financial Education for Other Worlds on the outer yellow ring of the badge, a purple cosmos flower with stars emerging from it in the center mint green circle of the badge

 

Cosmos: Financial Education for Other Worlds is the branch of the coop that houses ABC’s workshop and facilitation offerings.  Learn more about this part of our work at this link.

ABC is taking on only remote work for the duration of the Covid-19 crisis. This means that:

The coop will not require any workers to travel for work.

All new client engagements will be 100% online.

We will maintain this policy in alignment and solidarity with the Peoples’ Strike Demand: “No return to work or end to physical distance until health experts determine it is safe.”