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

We refresh your Mentor 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 Mentor leadership team.

Mentor 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:

Board packs are now investor-ready.

Tina S, Finance Director

Forecasting improved with utilization metrics.

Thomas N, Financial Analyst

Law firm trust accounts are error-free.

Michelle D, Trust Accountant

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

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Frequently Asked Questions

What’s the typical monthly fee in Mentor?

Most clients pay $150–$350 depending on volume.

Do you reduce audit adjustments?

Yes, with reconciled logs and CPA oversight.

Do you scale with project volume?

Yes, during peak client demand.

Do you support IFRS as well as GAAP?

Yes, for global firms.

Are your bookkeepers local to Mentor?

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

Do you work with CPAs in Minnesota?

Yes, we deliver reports that integrate directly with CPA tax software.

Do you prepare project profitability reports?

Yes, by project, client, or practice.

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Explore Our Enterprise Professional Services Accounting

Enhance your offering with our Enterprise Professional Services Accounting spine.

Mentor 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 Mentor firm scales.