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

We refresh your Hood 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 Hood leadership team.

Hood 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:

Cash flow management is stronger now.

Angela M, CFO

Client billing reconciliations are accurate.

Jennifer F, Billing Supervisor

Multi-entity consolidations are seamless.

Brian H, Accounting Manager

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

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Frequently Asked Questions

Can you manage multi-entity firms?

Yes, with consolidated reporting.

Do you serve law firms?

Yes, including trust accounting and client billing.

Do you offer monthly bookkeeping in Hood?

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

Do you prepare project profitability reports?

Yes, by project, client, or practice.

Do you support consulting firms?

Yes, with utilization analysis and WIP reports.

How soon can you start in Hood?

Usually within 2–3 business days.

What’s the average bookkeeping cost in Hood?

Most clients pay $150–$350 per month depending on volume and complexity.

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Explore Our Enterprise Professional Services Accounting

Enhance your offering with our Enterprise Professional Services Accounting spine.

Hood 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 Hood firm scales.