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

We refresh your Stephens 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 Stephens leadership team.

Stephens 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:

Forecasting improved with utilization metrics.

Thomas N, Financial Analyst

We scaled during busy seasons without hiring.

David L, Operations Manager

Our board trusts the new financial packs.

Karen J, Audit Partner

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

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Frequently Asked Questions

What’s the typical monthly fee in Stephens?

Most clients pay $150–$350 depending on volume.

How fast can you start in Stephens?

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

Do you handle time-based billing reconciliations?

Yes, including hourly, retainer, and milestone billing.

Do you prepare project profitability reports?

Yes, by project, client, or practice.

Do you shorten close cycles?

Yes, typically by 4–6 days.

Do you work with CPAs in Arkansas?

Yes, we deliver reports that integrate directly with CPA tax software.

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.

Stephens 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 Stephens firm scales.