9 Best Bookkeeping Services in Chicago, IL

9 Best Bookkeeping Services in Chicago, IL

You have found our list of bookkeeping services in Chicago.

Bookkeeping services in Chicago are helpful options for start-ups and small- to medium-sized businesses that need help with their financial records. These services may include full bookkeeping handled by an outside firm or assistance with QuickBooks or other accounting software. For example, you can find companies that will process daily and monthly transactions, produce financial statements, and handle tax processing. In addition, bookkeeping services can take tedious work out of running a business, freeing up owners to focus on their core operations.

This list includes:

  • small business bookkeeping services in Chicago
  • virtual bookkeeping services in Chicago
  • professional bookkeeping services in Chicago
  • bookkeeping and tax services in Chicago
  • bookkeeping and payroll services in Chicago

Here is the list!

List of bookkeeping services in Chicago

From processing payroll for your employees to ensuring your tax audit goes as smoothly as possible, here are some bookkeeping services in Chicago that can help you keep business in check!

1. Rigits

Rigits provides full-service virtual bookkeeping services in Chicago for small businesses with big goals. With a crew of CPAs and bookkeepers whose experience speaks for itself, Rigits can assist with all aspects of daily and monthly financial oversight to ensure accounts get in order and stay in order. Founders Julia Kelly and Elizabeth Karube pride themselves on heading up a team with the know-how to handle your accounting needs.

For small businesses, Rigits processed payables and receivables to keep all vendor and customer accounts up to date. If a company needs assistance cleaning up QuickBooks entries or reconciling troublesome accounts, then Rigits is on deck to help. As a result, financial reporting is a breeze when it comes time to check the health of your organization.

Companies needing more intensive help can depend on Rigits for managing credit cards and reconciling statements. Year-end service options include 1099 processing and handling of personal business tax returns via Rigits’ partner CPA firm. When partnering with this provider, you can depend on timely and accurate filing without fretting over details.

Learn more about Rigits.

2. Amber’s Bookkeeping

Amber’s Bookkeeping uses QuickBooks software to simplify bookkeeping tasks and get your accounting in shape. With years of experience as both a professional organizer and a full-service bookkeeper, owner Amber Malone is an Advanced Certified QuickBooks ProAdvisor who offers her skills to businesses in need of accounting assistance. Amber’s focus is service-based companies, with a client list that includes breweries, nail salons, and cleaning services with annual revenue from $150,000 to $2,000,000.

Amber’s Bookkeeping provides project-based bookkeeping to identify errors and bring accounts up to date for businesses that need a hand cleaning up past accounting issues. If QuickBooks is already in use, this firm can provide a diagnostic review and prescribe fixes to correct your books.This service is beneficial for companies that have operated without regular bookkeeping and may have let their monthly entries lapse.

Companies needing monthly bookkeeping can hire this firm for general functions such as bank and credit card reconciliation and transaction processing, as well as advanced functions like financial report processing and QuickBooks support. Services come in Essential, Advanced, and Premier packages, with custom pricing determined during a phone assessment. Rather than billing by the hour, Amber’s Bookkeeping proposes a yearly price based on a business’s needs.

Learn more about Amber’s Bookkeeping.

3. Excel Bookkeeping & Tax Services

Individuals and businesses can count on expert bookkeeping support from Excel Bookkeeping and Tax Services in Chicago. This firm is ready to assist with new business set-up and can help with accounting processes and tax preparation. Services include QuickBooks set-up and support to make transaction processing a breeze.

Excel offers incorporation and advisory services for emerging businesses to ensure your company is set up properly from the offset. Their team can figure out the most beneficial tax approach for your company, a critical step for a new entity. Organizations needing a sound business plan can tap into Excel’s experience to understand the pros and cons of different types of incorporation.

Small businesses seeking general accounting and bookkeeping will find Excel’s suite of services helpful. This firm is ready to take care of your payables, receivables, and payroll tasks, preparing reconciliations and assisting with budgeting to keep your accounts on track. Using QuickBooks as the preferred software means companies can rely on Excel for training and guidance, with in-person assistance.

Businesses looking for pricing can complete the consultation form online or reach out via phone.

Learn more about Excel Bookkeeping & Tax Services.

4. FinancePal

FinancePal offers virtual bookkeeping services in Chicago that streamline the accounting process for a clean and easy experience. Founders Jacob Dayan and Nick Charveron each have more than a decade of experience in the finance industry. With a customizable suite of essentials and a dedicated U.S.-based bookkeeping team assisting, companies can hand off their accounting tasks and return to their core functions.

If you have fallen behind on your journal entries or cannot get your accounts to balance, then FinancePal will help you get your books up to speed. In addition to recording daily and monthly transactions and processing payroll, this firm can prepare balance sheets and income statements to provide updated views of your company’s financial position. In addition, accounts payable and receivable services will keep your vendors and customers current, and tax preparation can make tax season less stressful.

FinancePal’s online payroll services are flexible for businesses of all sizes and include detailed recordkeeping and forms processing for both W2 and 1099 workers. FinancePal can help with entity selection and forms processing for newly formed companies to ensure your business gets off to a winning start. Personalized business consultations from the firm ensure that you have one-on-one advice to take the worry out of operating and growing your organization.

Services are available a la carte or as inclusive packages. You can also contact FinancePal directly through their website to learn more about which options will suit you best and receive a custom quote based on your level of need.

Learn more about Finance Pal.

5. System Six

The CPAs and bookkeepers at System Six function like a championship team, combining their skills and experience to benefit clients. The firm utilizes the latest in cloud technology to provide top-level service, whether a company requires simple bookkeeping or more involved financial advisement.

With QuickBooks at the core of its offerings, System Six begins with a discovery process to learn the current state of a company’s books. The team recommends and performs any necessary clean-up and develops process improvements. These improvements may include new online services for bill payments and reporting tools. Once everything is in order, System Six provides an estimate for ongoing weekly bookkeeping and identifies client responsibilities.

In addition to the standard bookkeeping services, System Six offers a team-based approach to their work. Their bookkeepers are cross-trained between companies to ensure that clients always have competent coverage. Their professionals aim to improve the financial state of the businesses they service by identifying sources of loss and helping maximize potential revenue through virtual CFO processes.

You can complete the contact form on the System Six website to learn about pricing.

Learn more about System Six.

6. BM Accounting and Tax, Inc.

With BM Account and Tax, Inc., small business owners can handle their accounting, bookkeeping, and tax processing with a single firm. This outlet is Certified QuickBooks ProAdvisor Advanced Online, which qualifies them to provide any necessary software training a client may need. The certification also allows BM Account and Tax, Inc. to maximize QuickBooks’ functions to ensure accuracy and timeliness.

BM Account and Tax, Inc. provides bookkeeping and payroll services in Chicago, as well as creating financial reporting that help small business stay on top of their finances. The firm can assist with QuickBooks set-up and guidance if a company is new to using the software. In addition to monthly bookwork, businesses can request regular reviews of their books and year-end clean-up to ensure the numbers are clean for tax processing.

When tax time rolls around, BM Account and Tax, Inc. can help ensure a company receives every deduction and benefit possible. The firm keeps up to date on the most current tax laws, which can be a significant source of stress for small business owners. Individuals, as well as partnerships and corporations, can tap into this benefit to make tax reporting an easier and more welcoming process. Should a company have prior tax issues, the firm can also assist with IRS representation to resolve the matter.

You can determine which services you need and discuss prices with an email or phone call consultation.

Learn more about BM Accounting and Tax, Inc.

7. Caramagno and Associates

Caramagno and Associates is a boutique CPA firm offering small business bookkeeping services in Chicago. This company’s products range from full-service accounting to budgeting advisement to help a business keep its goals in sight and grow sustainably. Clients include established companies, start-ups, and individuals, a plus for small business owners who need guidance.

Full-service accounting from Caramagno and Associates extends beyond the usual functions. This firm’s plan allows clients to seek assistance when applying for loans and create workable budgets. When it comes to your employee’s needs, Caramagno and Associates help with retirement and insurance in addition to payroll. These services can come in handy as a business expands and takes on greater financial responsibility.

With virtual bookkeeping from this firm, you can count on accurate and available information about your finances. Monthly or quarterly reports will keep you updated, no matter the size of your business. If your company is a start-up, then Caramagno and Associates can guide you through the initial tax set-up and stand by you through year-end tax filing. You can also get help choosing the correct entity for your company’s needs and creating a plan for future growth.

Caramagno and Associates provides a free consultation to discuss services and pricing details.

Learn more about Caramagno and Associates.

8. Complete Controller

Complete Controller provides an array of options for small businesses searching for professional bookkeeping services in Chicago. Virtual accounting processes allow this firm to utilize talent from around the U.S.

Every client works with a bookkeeper and controller team consisting of QuickBooks-certified accountants. Bookkeepers must pass a strict skills test to ensure they have high enough proficiency for this firm. Controllers are on hand to supervise and review the bookkeepers’ work for an added layer of accuracy and security. Businesses can choose vendor payment and customer billing services, as well as budgeting and forecasting, to guide future growth. Complete Controller also provides on-demand performance-based reporting to keep their clients on top of trends to inform critical decisions.

Complete Controller’s cloud-based record retention with data encryption and protected views guards your financial information. The firm also uses multi-factor authentication as an added safeguard, allowing clients worry-free round-the-clock access to their records.

Complete Controller’s service prices start at $165.00 per month for quarterly bookkeeping, with a $1050.00 initial set-up fee. Businesses needing daily bookkeeping can choose the Deluxe package for $2780 per month, with a $2250.00 initial set-up fee. Cancellation of service plans requires a 30-day notice.

Learn more about Complete Controller.

9. Pasquesi Partners

The tech-savvy staff at Pasquesi Partners assists start-ups and small companies with the bookkeeping process by providing a one-stop solution to the accounting puzzle. Founder Rob Pasquesi created this firm to focus on entrepreneurs and their particular needs. His background at accounting giants Deloitte and Grant Thornton provided the experience and insight to help small businesses succeed.

The cloud-based accounting services Pasquesi Partners provides use both QuickBooks and Xero software. The firm can help clients set up either package for receivables and payables, as well as profit analysis and periodic reporting. In addition, start-ups can get assistance with registering and preparing forms for the IRS and state agencies. Pasquesi Partners also provides tax planning and preparation services that let you keep all of your financial functions under one digital roof.

With CFO services from Pasquesi Partners, your company can receive valuable advice regarding the future of your enterprise. The firm will help you discover ways to grow your business and maximize your finances with cash flow analysis and goal setting. Plus, you can tap into an online dashboard that tracks profit margin and revenue growth, a valuable tool when making important financial decisions to take your business forward.

Start-up level pricing for quarterly bookkeeping and reporting services at Pasquesi Partners starts at $449.00 per month. For Core level services, pricing starts at $1250.00 per month and includes payroll services and expanded access to helpful online tools. Pricing for growth-level services starts at $4500.00 per month and includes unlimited priority support from a CPA and same-day responses for all questions and inquiries.

Learn more about Pasquesi Partners.

Conclusion

You can find bookkeepers in Chicago ready to assist with accounting tasks. Some companies can even help you straighten out past mistakes and clarify your current financial position so you can confidently move forward. Even if you are only hoping to hand over your more troubling bookkeeping tasks such as payroll or tax, many bookkeepers in Chicago are ready to take the task off your hands.

FAQ: Bookkeeping services in Chicago

Here are answers to some frequently asked questions about bookkeeping services in Chicago.

What are the best bookkeeping services in Chicago?

The best bookkeeping services in Chicago include Rigits for helpful and easy-to-use virtual bookkeeping, System Six, which provides team-based representation for their accounting and bookkeeping services, and Caramagno and Associates for accounting and bookkeeping with advisory options for businesses with an eye on the future.

What are some good bookkeepers for small businesses in Chicago?

BM Account and Tax, Inc. is a good bookkeeper for small businesses in Chicago. This firm takes pride in its accuracy and availability of data to keep clients informed. Excel Bookkeeping & Tax Services can help small businesses set up their QuickBooks software and guide clients regarding the benefits of choosing the right type of incorporation.

How much do bookkeepers cost in Chicago?

The cost for bookkeepers in Chicago depends on the level of service a company requires. Many bookkeeping and accounting firms offer a la carte services for small businesses with simple financial needs. However, if a company needs more complex services on a monthly or weekly basis, then service packages can reduce the cost, though this may require an annual contract.

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