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

We refresh your Lilly 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 Lilly leadership team.

Lilly 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:

Our consulting firm improved margins by 8%.

Daniel B, CEO

Law firm trust accounts are error-free.

Michelle D, Trust Accountant

Client confidence improved with accurate reports.

Rachel B, Client Services Lead

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

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Frequently Asked Questions

Do you handle marketing agencies?

Yes, including project billing and profitability reports.

Do you shorten close cycles?

Yes, typically by 4–6 days.

Do you reduce audit adjustments?

Yes, with reconciled logs and CPA oversight.

Do you support consulting firms?

Yes, with utilization analysis and WIP reports.

Do you provide utilization metrics?

Yes, to track efficiency and resource allocation.

Do you offer monthly bookkeeping in Lilly?

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

Do you support WIP reporting?

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

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Explore Our Enterprise Professional Services Accounting

Enhance your offering with our Enterprise Professional Services Accounting spine.

Lilly 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 Lilly firm scales.