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

We refresh your Gorum 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 Gorum leadership team.

Gorum 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:

Utilization analysis gave us clear insight into profitability.

Mark J, Consulting CFO

We scaled during busy seasons without hiring.

David L, Operations Manager

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 offer virtual meetings for Gorum clients?

Yes, Zoom and Teams available for monthly reviews.

Do you provide utilization metrics?

Yes, to track efficiency and resource allocation.

Do you offer monthly bookkeeping in Gorum?

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

Can you manage multi-entity firms?

Yes, with consolidated reporting.

Do you handle marketing agencies?

Yes, including project billing and profitability reports.

Do you handle time-based billing reconciliations?

Yes, including hourly, retainer, and milestone billing.

Do you support WIP reporting?

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

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Explore Our Enterprise Professional Services Accounting

Enhance your offering with our Enterprise Professional Services Accounting spine.

Gorum 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 Gorum firm scales.