Accounting Services

Let us be an extension of your team

As your business expands, so do the demands on your financial systems. Inefficient accounting processes can lead to delayed invoicing, payroll issues, and a lack of accurate data for strategic decision-making. Many business owners attempt to manage it all themselves or hire in-house staff, only to find that without the right expertise and ongoing guidance, financial challenges persist.

At Smith Schafer, we offer scalable accounting services tailored to your needs. Whether you require day-to-day financial management or expert insight for bigger decisions—such as software selection and process optimization—our professionals ensure your accounting functions support growth, not hinder it. Let us handle the numbers so you can focus on building your business.

ARE YOU READY TO OUTSOURCE YOUR ACCOUNTING DEPARTMENT?

Free Guide

WAYS OUTSOURCED ACCOUNTING CAN BENEFIT YOUR BUSINESS

Accounting Solutions for Minnesota Businesses

CFO Services
Monthly Bookkeeping
Monthly/Quarterly Bank Reconciliations
Payroll Support
Financial Reporting
Accounts Payable Processing
Forecasting and Budgeting

Invoice Preparation
Accounts Receivable
Accounting System Design and Set Up
Payroll Support
Payroll Tax Return Preparation
Quickbooks Pro Advisor Consulting

Accounting resources

6 Accounting Best Practices for the Transportation Industry

n industry is growing steadily, and changes come quickly and unexpectedly. Therefore, it is crucial to have a good understanding of your business’s financial standing and maintain sound accounting systems.

Basics of bookkeeping For Businesses Presentation

Our accounting services expert, Trisha White, presented at a CEDA event last night about bookkeeping basics for businesses. Download a copy of the presentation.

Revenue Recognition Case Studies

with Customers (ASC 606) has gone into effect and will be significantly changing some financial statements and the recognition of revenue

Why Clients Choose Us

“We have worked with Smith Schafer for over 45 years. They have been great to work with, from wonderful administrative support, tax staff, and CPAs. They have supported us for years with our financials and mergers/acquisitions. Always there to help!”

- Washburn McReavy Funeral Chapels

“Our service is always exceptional and never have to second guess the answers.”

- EnergyPrint, Inc.

“Smith Schafer has provided second to none service and value to my business and personal accounts for over 30 years. Their expertise and knowledge are unmatched by any other accounting firm I have encountered over all these years.”

“The relationship we have built over the years with the staff at Smith Schafer & Associates is one that can never be replaced. They are quick with helping us figure anything out, always willing to pick up the phone and walk us through any problem we are having. Also they are just all so friendly and kind!”

“I have worked with Jason Boynton for several years. He has consistently provided exceptional service and advice always delivered in a timely, pleasant manner.”

“Smith Schafer always makes everything go smoothly. They were recommended to us by our community bank. We have been using their services for many years for our small business and personal taxes. We always feel well taken care of and that we are receiving the best advice, direction, information and tax preparation."

- The Dog Perk Corporation

“Smith Schafer always provides great information for our business. They are thorough with our accounting and financial planning. We have leaned heavily on them with an interpretation of the PPP Loan and COVID-19 planning. They have been instrumental in our success and are always very knowledgeable and quick to respond to any of our questions."

“The relationship we have built over the years with the staff at Smith Schafer is one that can never be replaced. They are quick with helping us figure anything out, always willing to pick up the phone and walk us through any problem we are having. Also they are just all so friendly and kind!"

“We love our CPA team at Smith Schafer. They have helped us navigate many personal and business decisions."

“Smith Schafer is very dedicated to their clients and always has their best interests in mind. They are very knowledgeable and thinking ahead to what the clients may be needing in the future. We would highly recommend Smith Schafer to our family and friends."

"Always fast, great service and questions answered. Love the people I work with at Smith Schafer. We've been there so long, it's like working with family."

- MotoProz, Inc.

"Smith Schafer is always responsive and in the know about what is important for me and my business. The team is responsive and professional with all my interactions. Very customer-focused."

- Custom Communication

"The people at Smith Schafer always take great care of me. They are so knowledgeable and provide great advice and support."

- Sound and Media Solutions, Inc.