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

We refresh your Live Oak 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 Live Oak leadership team.

Live Oak 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:

Multi-entity consolidations are seamless.

Brian H, Accounting Manager

Utilization analysis gave us clear insight into profitability.

Mark J, Consulting CFO

Audit adjustments dropped 35%.

Robert S, External Auditor

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

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Frequently Asked Questions

Do you integrate with time-tracking systems?

Yes, Harvest, Toggl, and ERP systems.

Do you handle marketing agencies?

Yes, including project billing and profitability reports.

Do you support WIP reporting?

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

Do you handle time-based billing reconciliations?

Yes, including hourly, retainer, and milestone billing.

Do you work with CPAs in California?

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

Do you support consulting firms?

Yes, with utilization analysis and WIP reports.

Do you help with client trust accounting?

Yes, for law and consulting firms.

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Explore Our Enterprise Professional Services Accounting

Enhance your offering with our Enterprise Professional Services Accounting spine.

Live Oak 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 Live Oak firm scales.