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

We refresh your Topaz 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 Topaz leadership team.

Topaz 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

Cash flow management is stronger now.

Angela M, CFO

Board packs are now investor-ready.

Tina S, Finance Director

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

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Frequently Asked Questions

Do you support IFRS as well as GAAP?

Yes, for global firms.

Do you reduce audit adjustments?

Yes, with reconciled logs and CPA oversight.

What’s the typical monthly fee in Topaz?

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

Do you prepare project profitability reports?

Yes, by project, client, or practice.

Do you integrate with time-tracking systems?

Yes, Harvest, Toggl, and ERP systems.

Do you support consulting firms?

Yes, with utilization analysis and WIP reports.

Do you offer monthly bookkeeping in Topaz?

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

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Explore Our Enterprise Professional Services Accounting

Enhance your offering with our Enterprise Professional Services Accounting spine.

Topaz 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 Topaz firm scales.