Accounting for Ora’s Professional Services Enterprises
Certified India-based team with CPA oversight. WIP reporting, utilization metrics, and project profitability made simple.
Service firms in Ora depend on accurate time-tracking, clean billing cycles, and reliable monthly reporting. Our professional services accounting model helps Ora agencies, consultancies, legal firms, engineering teams, and advisors organize their financials so every hour and engagement is reflected correctly in revenue.
We refresh your Ora 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 Ora leadership team.
Ora 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:
Forecasting improved with utilization metrics.
Thomas N, Financial Analyst
Multi-entity consolidations are seamless.
Brian H, Accounting Manager
Law firm trust accounts are error-free.
Michelle D, Trust Accountant
Frequently Asked Questions
Do you prepare project profitability reports?
Yes, by project, client, or practice.
How does AI help professional services accounting?
By detecting project overruns, categorizing expenses, and writing variance narratives.
Do you scale with project volume?
Yes, during peak client demand.
Do you prepare lender-ready reports?
Yes, for financing and credit.
Do you help with client trust accounting?
Yes, for law and consulting firms.
Do you reduce audit adjustments?
Yes, with reconciled logs and CPA oversight.
How soon can you start in Ora?
Usually within 2–3 business days.
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Ora 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 Ora firm scales.