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

We refresh your Iona 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 Iona leadership team.

Iona 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:

Close cycles shortened by 6 days.

Jason K, Finance Manager

Utilization analysis gave us clear insight into profitability.

Mark J, Consulting CFO

Client confidence improved with accurate reports.

Rachel B, Client Services Lead

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

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Frequently Asked Questions

Do you support consulting firms?

Yes, with utilization analysis and WIP reports.

Are your bookkeepers local to Iona?

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

Do you serve law firms?

Yes, including trust accounting and client billing.

Do you provide board-ready packs?

Yes, with WIP schedules and utilization metrics.

Do you scale with project volume?

Yes, during peak client demand.

Do you handle time-based billing reconciliations?

Yes, including hourly, retainer, and milestone billing.

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.

Iona 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 Iona firm scales.