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

We refresh your Novelty 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 Novelty leadership team.

Novelty 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:

Trust accounting is finally clean.

Sarah P, Law Firm CFO

AI flagged anomalies in project billing.

Priya M, Data Analyst

Multi-entity consolidations are seamless.

Brian H, Accounting Manager

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

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Frequently Asked Questions

How soon can you start in Novelty?

Usually within 2–3 business days.

Do you provide board-ready packs?

Yes, with WIP schedules and utilization metrics.

Do you serve law firms?

Yes, including trust accounting and client billing.

What’s the average bookkeeping cost in Novelty?

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

Do you prepare lender-ready reports?

Yes, for financing and credit.

Do you prepare project profitability reports?

Yes, by project, client, or practice.

Are your bookkeepers local to Novelty?

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

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Explore Our Enterprise Professional Services Accounting

Enhance your offering with our Enterprise Professional Services Accounting spine.

Novelty 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 Novelty firm scales.