Accounting for Silas’s Professional Services Enterprises
Certified India-based team with CPA oversight. WIP reporting, utilization metrics, and project profitability made simple.
Service firms in Silas depend on accurate time-tracking, clean billing cycles, and reliable monthly reporting. Our professional services accounting model helps Silas agencies, consultancies, legal firms, engineering teams, and advisors organize their financials so every hour and engagement is reflected correctly in revenue.
We refresh your Silas accounting workflow by structuring billable vs. non-billable categories, integrating time-tracking or CRM tools, aligning project/retainer billing, and organizing reimbursable expenses. This improves margin accuracy, clarifies utilization rates, and creates a smoother monthly close for your Silas leadership team.
Silas is a hub for consulting firms, legal practices, and financial services firms.
Client Reviews
We support business owners across the country with reliable, remote bookkeeping. Here’s what a few of them say:
Client billing reconciliations are accurate.
Jennifer F, Billing Supervisor
Utilization analysis gave us clear insight into profitability.
Mark J, Consulting CFO
Variance narratives save us hours each month.
Olivia T, Financial Reporting Lead
Frequently Asked Questions
Do you prepare lender-ready reports?
Yes, for financing and credit.
How soon can you start in Silas?
Usually within 2–3 business days.
Do you provide board-ready packs?
Yes, with WIP schedules and utilization metrics.
Do you support consulting firms?
Yes, with utilization analysis and WIP reports.
Do you shorten close cycles?
Yes, typically by 4–6 days.
Do you handle marketing agencies?
Yes, including project billing and profitability reports.
Do you support IFRS as well as GAAP?
Yes, for global firms.
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Silas service firms often connect this model with AR Outsourcing for consistent billing, Controller/CFO Services for budgeting and staff utilization analysis, and Outsourced Accounting for daily operational support. Firms with multiple practice areas use Multi-Entity Consolidation, while those managing retainers or subscription-like contracts integrate ASC 606. Payroll Processing and Sales Tax Compliance also become essential as your Silas firm scales.