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

We refresh your Northwood 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 Northwood leadership team.

Northwood 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:

Client confidence improved with accurate reports.

Rachel B, Client Services Lead

Cash flow management is stronger now.

Angela M, CFO

AI flagged anomalies in project billing.

Priya M, Data Analyst

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

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Frequently Asked Questions

What’s the average bookkeeping cost in Northwood?

Most clients pay $150–$350 per month depending on volume and complexity.

What’s the typical monthly fee in Northwood?

Most clients pay $150–$350 depending on volume.

Do you integrate with time-tracking systems?

Yes, Harvest, Toggl, and ERP systems.

Do you support IFRS as well as GAAP?

Yes, for global firms.

Do you provide board-ready packs?

Yes, with WIP schedules and utilization metrics.

How is pricing structured?

Flat monthly retainer based on project volume and complexity.

How fast can you start in Northwood?

Most accounts go live within 2–3 business days after onboarding.

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Explore Our Enterprise Professional Services Accounting

Enhance your offering with our Enterprise Professional Services Accounting spine.

Northwood 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 Northwood firm scales.