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

We refresh your Flom 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 Flom leadership team.

Flom 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:

Multi-entity consolidations are seamless.

Brian H, Accounting Manager

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

Do you handle marketing agencies?

Yes, including project billing and profitability reports.

Do you prepare project profitability reports?

Yes, by project, client, or practice.

Do you offer monthly bookkeeping in Flom?

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

Do you help with client trust accounting?

Yes, for law and consulting firms.

What’s the average bookkeeping cost in Flom?

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

Do you support WIP reporting?

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

How is pricing structured?

Flat monthly retainer based on project volume and complexity.

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Explore Our Enterprise Professional Services Accounting

Enhance your offering with our Enterprise Professional Services Accounting spine.

Flom 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 Flom firm scales.