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

We refresh your Fifty Six 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 Fifty Six leadership team.

Fifty Six 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:

Board packs are now investor-ready.

Tina S, Finance Director

We scaled during busy seasons without hiring.

David L, Operations Manager

Client billing reconciliations are accurate.

Jennifer F, Billing Supervisor

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

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Frequently Asked Questions

Do you prepare project profitability reports?

Yes, by project, client, or practice.

Do you detect anomalies in WIP?

Yes, AI flags overruns and errors.

Are your bookkeepers local to Fifty Six?

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

Do you serve businesses in Fifty Six?

Yes, we support clients across Fifty Six and surrounding areas.

Do you support IFRS as well as GAAP?

Yes, for global firms.

How fast can you start in Fifty Six?

Most accounts go live within 2–3 business days after onboarding.

How does AI help professional services accounting?

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

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Explore Our Enterprise Professional Services Accounting

Enhance your offering with our Enterprise Professional Services Accounting spine.

Fifty Six 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 Fifty Six firm scales.