Professional Services Accounting for Agencies and Firms

Certified India-based team with CPA oversight. WIP reporting, utilization analysis, project profitability, and time-based billing reconciliation - supported by AI anomaly detection and variance narratives.

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Professional services firms run on time, utilization, billing accuracy, and predictable margins. Whether you operate a consulting agency, legal practice, engineering firm, marketing agency, or advisory group, your financials depend on how well hours, retainers, project costs, and billing cycles are captured. Our professional services accounting model brings structure to these workflows so reporting reflects true performance across clients, teams, and engagements.

We refresh your accounting environment by organizing chart-of-accounts structures for service-based work, aligning billable vs. non-billable activity, standardizing time-tracking imports, and integrating project or retainer billing into your month-end close. WIP schedules, deferred revenue, passthrough costs, and reimbursements are handled correctly. This gives leadership visibility into gross margins, utilization trends, and engagement profitability—without manual spreadsheets or inconsistent reporting.

Why Professional Services Firms Outsource Accounting

Project-based billing and time tracking complicate accounting.
WIP schedules often inaccurate without automation.
Utilization metrics are essential for profitability.
Audit and lender requirements demand accurate reporting.

What We Do

Project-based billing reconciliation

WIP reporting and utilization analysis

Project profitability reporting by client or practice

Consolidated packs for multi-entity service firms

AI-Assisted Accuracy

Anomaly alerts for project overruns.
Auto-categorization of time/expenses.
Variance narratives for board-ready WIP and utilization.
RAG fetch for contract clauses during audits.

Certified India-Based Team, CPA Oversight

Experienced with legal, consulting, and agency accounting.
CPA-reviewed outputs ensure GAAP compliance.
Offshore scale lowers costs without losing quality.

Results & Case Studies

WIP accuracy improved 45%.
Utilization metrics streamlined for leadership.
Audit adjustments reduced by 35%.

See Professional Services Case Studies →

Pricing & Engagement Models

Professional Services Accounting: starting at $3,500/month.
Add-ons for WIP reporting, utilization analysis, or multi-entity consolidations.
CPA oversight always included.

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Client Reviews

We support business owners across the country with reliable, remote bookkeeping. Here’s what a few of them say:

AI flagged anomalies in project billing.

Priya M, Data Analyst

Client confidence improved with accurate reports.

Rachel B, Client Services Lead

WIP reporting accuracy improved by 45%.

Laura M, Project Controller

Trusted by thousands of businesses, see what our customers say.

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Frequently Asked Questions

Which states do you serve?

All 50 states, our team supports clients nationwide.

Do you provide utilization metrics?

Yes, to track efficiency and resource allocation.

How does AI help professional services accounting?

By detecting project overruns, categorizing expenses, and writing variance narratives.

Do you support consulting firms?

Yes, with utilization analysis and WIP reports.

Do you detect anomalies in WIP?

Yes, AI flags overruns and errors.

How do you keep reports consistent across locations?

Standardized chart of accounts and monthly close checklist.

Do you serve law firms?

Yes, including trust accounting and client billing.

Learn More About What We Offer

You may also need:

Outsourced Accounting Services
Controller & CFO Support
By Industry: SaaS, Healthcare, Manufacturing.
Proof: Case Studies, Security.

Explore Enterprise Professional Services Accounting by State

Nationwide delivery, local compliance awareness-every state, city.

Enterprise Professional Services Accounting in California Enterprise Professional Services Accounting in Texas Enterprise Professional Services Accounting in Florida Enterprise Professional Services Accounting in New York Enterprise Professional Services Accounting in Illinois

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Need Enterprise Professional Services Accounting help near you? View all states.

Service firms often pair this accounting model with AR Outsourcing for predictable invoicing and collections, Controller/CFO Services for forecasting and utilization modeling, and Outsourced Accounting for daily AP/AR and close support. Firms with multiple offices lean on Multi-Entity Consolidation, while agencies on retainers or contract cycles integrate ASC 606 Revenue Recognition. Many add Payroll Processing and Sales Tax Compliance for contractor-heavy or multi-state teams. This creates a unified finance ecosystem specifically aligned to project-based and time-based businesses.