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.

About Our Rates

Our standard rates enable us to offer high quality services, take care of ourselves and our communities, and offer free and low-cost services to people most directly targeted by oppression and colonization.

Solidarity rates are reserved for groups focused on collective liberation and solidarity economy work and organizations owned and governed by people of color, immigrants, people with disabilities, LGBTQIA2+, working class, and poor people without access to institutional funding.

Getting Started

Initial Assessment

$350
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.

Set Up Package

$780
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

Bookkeeping

Ongoing Bookkeeping

$115/hr (with a $460/month minimum)

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 reports needed
  • Accounts payable
  • Accounts receivable
  • 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)

Full Service Books Clean Up

 $6,000 per tax year (includes up to 50 hours of work)

If you have past tax years that need to be caught up, ABC can review your files, reconcile accounts, and correct entries to get your books ready to pass to a tax professional.

Consulting

$250/hour

Sample consulting topics:

Cooperative Technical Assistance (start-up and operating)

Technology consultation, selection, and implementation 

Internal Process Review 

Internal Controls 

Budget and Cash Flow Projections

Product and Service Review and Development  

 
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

Workshops & Trainings

Customized Trainings $275/hr

Targeted trainings on topics from how to use your accounting software to budgeting for your values to understanding financial statements.  We´ll work with you to build your group´s skills around Finance.  Workshop rate is for prep + delivery.

Understanding Coop Finances

3 hour workshop

We will go over the basics of cooperative finances including defining terms, going over basic bookkeeping and how to read different financial statements.  This is great grounding for new cooperatives and for already operating cooperatives looking to build financial literacy among all membership.

Financial Literacy Intensive

Join us for a day of engaging activities where you will explore and (re)define success, financial priorities, and how your values fit into your organization's financial statements. In the morning session, we will focus on increasing a) your financial literacy skills and b) engagement in financial decisions by going over four basic financial reports: Profit & Loss, Balance Sheet, Budget, and Cash Flow Projections. You will leave with a better understanding of how to create and read these reports and use them to answer your most common fiscally-oriented questions.

In the afternoon session, we will form small groups in a simulation exercise. With the guidance of facilitators, you will learn how to create and share your own Profit & Loss, Balance Sheet, Budget, and Cash Flow Statements together with your fellow participants. We will also have lots of fun sharing creative ways to better engage your other teammates in reading financial reports.

speaking

ABC members are available to speak at conferences, community events, congregations, schools, and podcasts around topics including: cooperatives, solidarity economics, facilitation, organizational and business development, and our various perspectives as women, gender nonconforming people, people of color, queer, survivor, immigrant, and/or neurodiverse cooperative worker-owners.

ABC members have presented at various events, including:
The NYC Network of Worker Cooperatives Annual Conference
The Eastern Conference for Workplace Democracy
The U.S. Federation of Worker Cooperatives National Conference
The Solidarity Research Center’s Asian American Solidarity Economies webinar series
The Cooperative Economics Alliance of NYC Solidarity Giving Circle
Sliding scale based on organizational budget. 

ABC is operating 100% remotely for the duration of the Covid-19 crisis.
This means that:
ABC will not have any workers travel for work.
ABC will not hold any in-person internal or client meetings.
ABC will not plan any in-person workshops or trainings.

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.”