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

We refresh your New Point 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 New Point leadership team.

New Point 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:

AI flagged anomalies in project billing.

Priya M, Data Analyst

Utilization analysis gave us clear insight into profitability.

Mark J, Consulting CFO

Variance narratives save us hours each month.

Olivia T, Financial Reporting Lead

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

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Frequently Asked Questions

How soon can you start in New Point?

Usually within 2–3 business days.

Do you detect anomalies in WIP?

Yes, AI flags overruns and errors.

Do you serve law firms?

Yes, including trust accounting and client billing.

Do you scale with project volume?

Yes, during peak client demand.

Do you offer monthly bookkeeping in New Point?

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

Do you prepare lender-ready reports?

Yes, for financing and credit.

Do you shorten close cycles?

Yes, typically by 4–6 days.

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Explore Our Enterprise Professional Services Accounting

Enhance your offering with our Enterprise Professional Services Accounting spine.

New Point 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 New Point firm scales.