Frak Finance

Bookkeeping Services

Frak Finance delivers bookkeeping service that turns your back-office chaos into financial clarity you can act on every month.

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    Where did you hear about us?

    IRS Documentation

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    Compliance

    Built for secure bookkeeping

    GAAP Reporting Standards

    Consistent financial statement preparation

    WISP Security Frameworks

    Sensitive financial data protection

    QuickBooks Integration

    Cloud-based automation controls

    Recognized by the best

    Our Featured Clients

    Here are some of the clients we have empowered to forge ahead with confidence

    Confident Numbers, Every Month

    A Bookkeeper Who Keeps Your Numbers Ready Before You Need Them

    Clean books and useful books are not the same thing. Frak’s bookkeeping service is designed by operators who understand what your financials need to show, not just what they need to contain. Every line item is a decision waiting to be made.

    Dedicated bookkeeper backed by a full finance team
    QuickBooks, Xero, Sage & multi-platform expertise
    CFO-supervised accuracy, not just data entry
    Clean Books
    Financial Visibility
    Growth Foundation

    What Our Outsourced Bookkeeping Service Covers

    Our professional bookkeeping services are tailored to your industry, your software, and the level of complexity your business demands. Start with what you need. Expand when you’re ready.

    Talk to Our Team
    1. Weekly or Monthly Bookkeeping
    Consistent transaction recording, journal entries, and financial statement preparation on a cadence that matches your business rhythm. No backlog. No surprises at quarter-end.
    2. Bank & Credit Card Reconciliations
    Every account reconciled accurately and on time catching discrepancies, duplicate charges, and errors before they compound into costly misstatements.
    3. Revenue Recognition & AR Support
    Proper revenue recognition aligned to your billing cycles, contracts, and industry standards. Paired with accounts receivable tracking to keep cash flowing in on schedule.
    4. COGS Mapping & Expense Classification
    Your cost of goods sold and operating expenses categorized correctly so your margins are real, your P&L is trustworthy, and your tax position is optimized.
    5. Multi-Entity & Consolidated Bookkeeping
    Managing multiple LLCs, subsidiaries, or business lines? We consolidate and maintain clean books across entities so you see the full picture without the confusion.
    6. Inventory Accounting & Valuation
    Accurate inventory tracking, cost-layering methods (FIFO, weighted average), and valuation reporting so your balance sheet reflects what’s actually on the shelf.

    An Outsourced Bookkeeping Service That Keeps Your Books Moving Every Month

    Outsourced bookkeeping service by Frak Finance keeps your books moving every month

    Financials You Can Actually Use To Run Your Business.
    Frak Finance delivers monthly financial statements that are accurate, categorized correctly, and closed on a reliable cadence. When your books are clean, every decision from hiring to marketing spend to inventory purchases is backed by numbers you trust. That’s the visibility that turns financial data into a management tool.
    A Bookkeeping Team That Grows With Your Business.
    At $1M, you need accurate transaction recording and clean reconciliations. At $5M, you need multi-entity consolidation and proper revenue recognition. At $15M+, you need a full accounting function. Frak Finance scales the service to match your stage so your financial infrastructure always keeps pace with your growth.
    Your CPA, Lenders, & Investors See Clean, Organized Books.
    Frak Finance delivers CPA-ready tax packages, lender-compliant financial statements, and investor-grade reporting. When stakeholders open your financials, they see accuracy, structure, and professionalism which builds confidence, reduces prep time, and positions your business favorably for whatever comes next.
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    Improved reporting consistency through structured bookkeeping process standardization

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    Faster transaction matching using automated reconciliation verification methodologies

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    Payroll documentation aligned with federal and state labor requirements

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    Reduced reporting irregularities through continuous bookkeeping quality control

    How Frak Finance Sets Up Your Bookkeeping for Success

    Give your CPA clean, organized books that reduce prep time and maximize deductions at tax time.

    Assess Your Current Financial Setup

    We begin with a full review of your existing books, chart of accounts, software stack, and reporting needs. We identify exactly where your bookkeeping stands today and what it takes to bring everything to a clean, structured, decision-ready state. If books need to be caught up, we build a clear timeline. If they’re already current, we map the improvements that will make them more useful to your business.

    Match You With a Dedicated Bookkeeper

    You’re assigned a vetted bookkeeper who understands your industry and your accounting platform, whether that’s QuickBooks, Xero, Sage, or something else. This is a consistent professional who learns your business, your chart of accounts, your vendors, and your workflows. They stay on your account and become a reliable part of your financial infrastructure.

    Build Your Close Cadence and Reporting Rhythm

    We establish the monthly close process, set up reconciliation workflows, ensure your chart of accounts is properly structured, and create the reporting cadence your business needs. Every transaction is categorized. Every account is reconciled. Every month is closed on schedule with financial statements delivered clean and ready to use.

    Ongoing Accuracy With Senior Oversight

    Your books are maintained on a weekly or monthly cadence with quality checks from Frak’s senior accounting team. Your bookkeeper operates under principal-level oversight, so accuracy is verified, anomalies are flagged proactively, and your financial foundation stays clean and current as your business evolves.

    Business Bookkeeping Services That Help You See
    Where the Money Is Really Going

    Keep your books current with an outsourced bookkeeper you can rely on. Know exactly where your cash stands, what’s profitable, and how your business is performing, every month.

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    Monthly Financial Statements

    Balance sheet, income statement, and cash flow statement, closed and delivered on a reliable cadence.

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    Structured Chart of Accounts

    Revenue, COGS, and expenses properly mapped so your financials tell the real story of your business.

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    Reconciled Accounts

    Bank, credit card, and loan accounts reconciled every cycle with discrepancies resolved before they compound.

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    CPA-Ready Tax Packages

    Year-end financials organized and packaged for your tax preparer — no back-and-forth, no missing data.

    Case Studies

    Our Featured Projects

    Every industry has its own accounting nuances. We match you with bookkeepers who understand yours.

    INDUSTRIES WE SERVE

    Partnering with Businesses Across Every Sector

    From an early stage start-up’s growth strategies to helping existing businesses, we have done it all!

    Finance & Accounting Services For Manufacturing Industry - Frak Finance
    Manufacturing
    Finance & Accounting Services For Construction Industry - Frak Finance
    Construction
    id4
    Hospitality
    Finance & Accounting Services For Ecommerce Industry - Frak Finance
    Ecommerce
    id14
    Electric
    Finance & Accounting Services For Real Estate Industry - Frak Finance
    Real Estate
    Finance & Accounting Services For Logistics Industry - Frak Finance
    Logistics
    Finance & Accounting Services For Social Entertainment Industry - Frak Finance
    Social Entertainment
    Finance & Accounting Services For Law Firms - Frak Finance
    Law Firms
    Finance & Accounting Services For Doctors - Frak Finance
    Doctors
    Finance & Accounting Services For Marketing Agencies - Frak Finance
    Marketing Agencies
    Finance & Accounting Services For SAAS Industry - Frak Finance
    SAAS

    Outsource Bookkeeping Services Without Losing Sight of Your Numbers

    About Frak Finance

    We’re Operators Turned CFOs Who Get What You’re Building

    With over 20 years of experience, we’re the CFOs who’ve actually built, scaled, bought & sold businesses. Now we guide yours.

    We are Always Dedicated to our Work
    Are Leading Consultants that you can Trust

    “You don’t need to be a financial expert to run a great company. But you do need to stop pretending like it doesn’t matter.”

    — Tom Dillon, CFA

    Founder, Frak Finance

    Books That Read Right

    A Bookkeeping Service That Keeps Your Books Moving Every Month

    Build the financial foundation that supports everything from daily operations to a future exit

    Scaling, Acquiring, or Preparing to Sell? Let’s Talk.

    Run Your Business on Numbers You Can Trust.

    Looking to have a real conversation about your numbers? Book a call today to discuss the gaps standing between you and your goals.

    A Strategy Call With Senior Leadership
    Honest Read Of Where You Stand Financially
    Clear Next Steps, Scoped To Your Situation

    Call Us Support 24/7: (312) 685-1627‬

    Call Us Support 24/7: (312) 685-1627‬

    View All Consulting Office Locations

    View All Consulting Office Locations

    Schedule a Free Consultation

      Where did you hear about us?

      Frequently Asked Questions

      Straight answers to the questions business owners ask when evaluating an outsourced bookkeeping service.

      How is outsourced bookkeeping different from hiring in-house?
      An in-house bookkeeper is a single point of failure: one person, one skill set, one salary plus benefits, PTO, and management overhead. Outsourcing to Frak gives you a dedicated bookkeeper backed by controllers, CPAs, and CFOs who review the work and catch what a solo hire might miss. You get a team for less than the cost of one full-time employee, with the flexibility to scale scope as your business grows.
      My books are months behind. Can you catch them up?
      Yes and it’s more common than you’d think. We start with a full diagnostic of how far back the books are, identify every gap and misclassification, and build a catch-up plan with a clear timeline. Most clients are current within 30 to 60 days depending on complexity. Once caught up, we transition to a structured monthly close cadence so it never falls behind again.
      What accounting software do you work with?
      We work across all major platforms including QuickBooks Online, QuickBooks Desktop, QuickBooks Enterprise, Xero, Sage, Wave, and Odoo. We also integrate with payment platforms like Shopify, Stripe, Amazon Seller, and PayPal, as well as payroll tools like Gusto, ADP, Paychex, and Paylocity. If you’re on a platform we haven’t listed, ask us we likely support it.
      Do you force your process into our business?
      No. One of the most common complaints we hear from founders who’ve tried other firms is that the provider installed an overly rigid, corporate-level process that didn’t fit their business. We do the opposite. We assess what your business actually needs, build the right structure around it, and right-size the scope to your current stage. As Tom puts it: we tailor it exactly to what your business requires.

      Blogs & Insights

      Practical finance knowledge for founders who want to make better decisions.

      — BUILT TO EXIT —

      Monthly Finance Briefings to Grow, Acquire, or Exit Your Business

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      Finance and accounting leadership for privately held businesses at every stage. Ready to see what the right financial partner changes? Get in touch with Frak Finance today.

      Address Business
      Chicago, IL
      New York, NY
      Ft. Myers, Florida
      Mumbai, India
      Manila, Philippines
      Galway, Ireland
      Contact With Us
      Call Consulting: (312) 685-1627‬
      Working Time
      Mon - Fri: 9:00am - 5:00pm CST
      Weekends: Closed