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

We refresh your Cannon 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 Cannon leadership team.

Cannon 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:

We finally have clarity in project profitability.

James M, CEO

WIP reporting accuracy improved by 45%.

Laura M, Project Controller

Board packs are now investor-ready.

Tina S, Finance Director

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

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Frequently Asked Questions

Do you prepare lender-ready reports?

Yes, for financing and credit.

How fast can you start in Cannon?

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

Are your bookkeepers local to Cannon?

Our team operates remotely but assigns a dedicated manager in your time zone.

Do you provide utilization metrics?

Yes, to track efficiency and resource allocation.

Do you handle time-based billing reconciliations?

Yes, including hourly, retainer, and milestone billing.

Do you detect anomalies in WIP?

Yes, AI flags overruns and errors.

Do you reduce audit adjustments?

Yes, with reconciled logs and CPA oversight.

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Explore Our Enterprise Professional Services Accounting

Enhance your offering with our Enterprise Professional Services Accounting spine.

Cannon 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 Cannon firm scales.