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

We refresh your Majestic 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 Majestic leadership team.

Majestic 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:

Our board trusts the new financial packs.

Karen J, Audit Partner

Our consulting firm improved margins by 8%.

Daniel B, CEO

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

Do you offer monthly bookkeeping in Majestic?

Yes, flat-fee monthly plans with weekly reconciliations and month-end close for Majestic clients.

Do you handle time-based billing reconciliations?

Yes, including hourly, retainer, and milestone billing.

Can you manage multi-entity firms?

Yes, with consolidated reporting.

Do you reduce audit adjustments?

Yes, with reconciled logs and CPA oversight.

Do you provide utilization metrics?

Yes, to track efficiency and resource allocation.

Do you support IFRS as well as GAAP?

Yes, for global firms.

Are your bookkeepers local to Majestic?

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.

Majestic 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 Majestic firm scales.