Accounting for Caraway’s Professional Services Enterprises

Certified India-based team with CPA oversight. WIP reporting, utilization metrics, and project profitability made simple.

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Service firms in Caraway depend on accurate time-tracking, clean billing cycles, and reliable monthly reporting. Our professional services accounting model helps Caraway agencies, consultancies, legal firms, engineering teams, and advisors organize their financials so every hour and engagement is reflected correctly in revenue.

We refresh your Caraway 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 Caraway leadership team.

Caraway 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:

WIP reporting accuracy improved by 45%.

Laura M, Project Controller

Audit adjustments dropped 35%.

Robert S, External Auditor

Variance narratives save us hours each month.

Olivia T, Financial Reporting Lead

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

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Frequently Asked Questions

Do you reduce audit adjustments?

Yes, with reconciled logs and CPA oversight.

Do you support WIP reporting?

Yes, including reconciliation of time, expenses, and progress.

Do you serve law firms?

Yes, including trust accounting and client billing.

Do you offer monthly bookkeeping in Caraway?

Yes, flat-fee monthly plans with weekly reconciliations and month-end close for Caraway clients.

Do you prepare lender-ready reports?

Yes, for financing and credit.

Are your bookkeepers local to Caraway?

Our team operates remotely but assigns a dedicated manager in your time zone.

Do you integrate with time-tracking systems?

Yes, Harvest, Toggl, and ERP systems.

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Explore Our Enterprise Professional Services Accounting

Enhance your offering with our Enterprise Professional Services Accounting spine.

Caraway 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 Caraway firm scales.