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

We refresh your Friendship 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 Friendship leadership team.

Friendship 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:

Board packs are now investor-ready.

Tina S, Finance Director

Close cycles shortened by 6 days.

Jason K, Finance Manager

WIP reporting accuracy improved by 45%.

Laura M, Project Controller

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

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Frequently Asked Questions

Do you serve law firms?

Yes, including trust accounting and client billing.

How soon can you start in Friendship?

Usually within 2–3 business days.

Do you prepare project profitability reports?

Yes, by project, client, or practice.

Do you offer monthly bookkeeping in Friendship?

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

Can you manage multi-entity firms?

Yes, with consolidated reporting.

Do you reduce audit adjustments?

Yes, with reconciled logs and CPA oversight.

Do you help with client trust accounting?

Yes, for law and consulting firms.

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Explore Our Enterprise Professional Services Accounting

Enhance your offering with our Enterprise Professional Services Accounting spine.

Friendship 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 Friendship firm scales.