Accounting for Monument’s Professional Services Enterprises
Certified India-based team with CPA oversight. WIP reporting, utilization metrics, and project profitability made simple.
Service firms in Monument depend on accurate time-tracking, clean billing cycles, and reliable monthly reporting. Our professional services accounting model helps Monument agencies, consultancies, legal firms, engineering teams, and advisors organize their financials so every hour and engagement is reflected correctly in revenue.
We refresh your Monument 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 Monument leadership team.
Monument 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:
WIP reporting accuracy improved by 45%.
Laura M, Project Controller
Audit adjustments dropped 35%.
Robert S, External Auditor
We scaled during busy seasons without hiring.
David L, Operations Manager
Frequently Asked Questions
How soon can you start in Monument?
Usually within 2–3 business days.
Do you prepare project profitability reports?
Yes, by project, client, or practice.
Do you handle time-based billing reconciliations?
Yes, including hourly, retainer, and milestone billing.
Do you scale with project volume?
Yes, during peak client demand.
Can you manage multi-entity firms?
Yes, with consolidated reporting.
Do you shorten close cycles?
Yes, typically by 4–6 days.
Do you integrate with time-tracking systems?
Yes, Harvest, Toggl, and ERP systems.
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Monument 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 Monument firm scales.