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

We refresh your Hi Hat 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 Hi Hat leadership team.

Hi Hat 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 board trusts the new financial packs.

Karen J, Audit Partner

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

Can you manage multi-entity firms?

Yes, with consolidated reporting.

Do you provide board-ready packs?

Yes, with WIP schedules and utilization metrics.

How does AI help professional services accounting?

By detecting project overruns, categorizing expenses, and writing variance narratives.

Do you support WIP reporting?

Yes, including reconciliation of time, expenses, and progress.

Do you provide CPA-reviewed outputs?

Yes, ensuring compliance and audit readiness.

Do you prepare lender-ready reports?

Yes, for financing and credit.

Are your bookkeepers local to Hi Hat?

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

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Explore Our Enterprise Professional Services Accounting

Enhance your offering with our Enterprise Professional Services Accounting spine.

Hi Hat 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 Hi Hat firm scales.