21st Century Services

For Small Business Owners

standard bookkeeping services we offer

Standard Bookkeeping

Standard Monthly Bookkeeping

  • Reconciliation of all bank and credit card accounts

  • Accrual journal entries (recommended)

  • Standard financial reports:

    • Income Statement

    • Balance Sheet

    • Statement of Cash Flows

Accounting Software Subscriptions

  • QuickBooks Online

    • Consultation for correct subscription included

  • Keeper

    • Secure client portal and message board

Monthly Zoom Chat (60 min.)

  • Review Financial Statements

  • Answer any questions

  • Plan for upcoming tasks

bookkeeping services we offer

One-time Services

Accounting Software Setup

  • QuickBooks Online options:

    • Open new QuickBooks Online account under Fraser Financials

    • Transfer existing QuickBooks Online accounts from current bookkeeper

    • Migrate from QuickBooks Desktop

    • Migrate accounts from other accounting software

  • Open new Keeper account under Fraser Financials

Historical Clean-Up / Catch-up

  • Historical Clean-Up

    • When books were done in prior periods but there are errors that need to be fixed

  • Catch-Up

    • When books have not been done in prior periods and need to be caught up

Creation or update of Chart of Accounts

  • Create customized Chart of Accounts for your business after analysis of your unique processes and needs.

    • Remove unnecessary accounts

    • Add needed accounts

    • Reorganize current accounts

    • Use Fraser Financials template if needed

  • Verfiy that all accounts are numbered correctly so financial statements appear in correct order:

    • 1000's Assets

    • 2000's Liabilities

    • 3000's Equity

    • 4000s Revenue

    • 5000s Cost of Goods Sold

    • 6000s Expenses

    • 7000s Other Revenue

    • 8000s Other Expenses

    • 9000s Gain/Loss on Sale of Asset

one time bookkeeping services we offer
add on services we offer

Add-ons

In addition to the Standard Bookkeeping Package

Receipt Management / HubDoc Subscription

  • Standard - only subscription cost

    • Owner uploads receipts to HubDoc for audit protection

  • Deluxe

    • Fraser Financials will attach images uploaded to HubDoc to transactions in QuickBooks Online

Assisted Payroll

  • Entering of payroll journal entries provided by a third-party payroll service or CPA

A/R (Invoicing) & A/P (Bill-Pay)

  • Services coming soon

Inventory Management

  • Set optimal order quantities and reorder points in QBO

  • Classify inventory items in QBO

  • Make inventory adjustments in QBO to reflect periodic physical counts

Tax Services

Sales/Use (GRT) Tax Reporting

  • State of New Mexico Gross Receipts Tax calculation and filing

  • Other states TBD

1099 Filing

  • Vendor W-9 collection

  • Vendor EIN verification with IRS

  • Calculation and filing of 1099s

  • Electronic 1099 sent to vendor

Annual Reports for Tax Prep

  • Preparation of financial reports to give to your tax preparer or CPA

  • Requires open communication with tax preparer to assess their needs

Tax services we offer


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Copyright © 2025 Fraser Financials, LLC |

Rio Rancho, NM| (505) 273-4303

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Copyright © 2025 Fraser Financials, LLC |

Rio Rancho, NM | (505) 273-4303

facebook profile for bookkeeping services
linkedin profile for bookkeeping services