Accounting for Canaan’s Professional Services Enterprises
Certified India-based team with CPA oversight. WIP reporting, utilization metrics, and project profitability made simple.
Canaan 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 board trusts the new financial packs.
- Karen J, Audit Partner
Close cycles shortened by 6 days.
- Jason K, Finance Manager
We finally have clarity in project profitability.
- James M, CEO
Frequently Asked Questions
Do you handle marketing agencies?
Yes, including project billing and profitability reports.
Do you provide utilization metrics?
Yes, to track efficiency and resource allocation.
Can you manage multi-entity firms?
Yes, with consolidated reporting.
Do you handle time-based billing reconciliations?
Yes, including hourly, retainer, and milestone billing.
Do you detect anomalies in WIP?
Yes, AI flags overruns and errors.
How does AI help professional services accounting?
By detecting project overruns, categorizing expenses, and writing variance narratives.
Do you support WIP reporting?
Yes, including reconciliation of time, expenses, and progress.
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