Accounting for Universal’s Professional Services Enterprises
Certified India-based team with CPA oversight. WIP reporting, utilization metrics, and project profitability made simple.
Service firms in Universal depend on accurate time-tracking, clean billing cycles, and reliable monthly reporting. Our professional services accounting model helps Universal agencies, consultancies, legal firms, engineering teams, and advisors organize their financials so every hour and engagement is reflected correctly in revenue.
We refresh your Universal 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 Universal leadership team.
Universal 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:
Audit adjustments dropped 35%.
Robert S, External Auditor
Our consulting firm improved margins by 8%.
Daniel B, CEO
Forecasting improved with utilization metrics.
Thomas N, Financial Analyst
Frequently Asked Questions
Do you support IFRS as well as GAAP?
Yes, for global firms.
Do you reduce audit adjustments?
Yes, with reconciled logs and CPA oversight.
Are your bookkeepers local to Universal?
Our team operates remotely but assigns a dedicated manager in your time zone.
Do you help with client trust accounting?
Yes, for law and consulting firms.
Do you provide CPA-reviewed outputs?
Yes, ensuring compliance and audit readiness.
What’s the typical monthly fee in Universal?
Most clients pay $150–$350 depending on volume.
Do you scale with project volume?
Yes, during peak client demand.
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Universal 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 Universal firm scales.