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

We refresh your Drake 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 Drake leadership team.

Drake 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

Utilization analysis gave us clear insight into profitability.

Mark J, Consulting CFO

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 support WIP reporting?

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

What’s the average bookkeeping cost in Drake?

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

Do you work with CPAs in Colorado?

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

How fast can you start in Drake?

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

Do you prepare project profitability reports?

Yes, by project, client, or practice.

How is pricing structured?

Flat monthly retainer based on project volume and complexity.

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Explore Our Enterprise Professional Services Accounting

Enhance your offering with our Enterprise Professional Services Accounting spine.

Drake 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 Drake firm scales.