Accounting for Petal’s Professional Services Enterprises

Certified India-based team with CPA oversight. WIP reporting, utilization metrics, and project profitability made simple.

Service firms in Petal depend on accurate time-tracking, clean billing cycles, and reliable monthly reporting. Our professional services accounting model helps Petal agencies, consultancies, legal firms, engineering teams, and advisors organize their financials so every hour and engagement is reflected correctly in revenue.
We refresh your Petal 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 Petal leadership team.
  • tick Petal 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:

We scaled during busy seasons without hiring.

David L, Operations Manager

Audit adjustments dropped 35%.

Robert S, External Auditor

Close cycles shortened by 6 days.

Jason K, Finance Manager

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

Read all reviews

Frequently Asked Questions

Yes, ensuring compliance and audit readiness.

Usually within 2–3 business days.

Yes, including trust accounting and client billing.

Flat monthly retainer based on project volume and complexity.

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

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

Yes, including project billing and profitability reports.

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Explore Our Enterprise Professional Services Accounting

Enhance your offering with our Enterprise Professional Services Accounting spine.

Petal 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 Petal firm scales.