Accounting for Solo’s Professional Services Enterprises
Certified India-based team with CPA oversight. WIP reporting, utilization metrics, and project profitability made simple.
Service firms in Solo depend on accurate time-tracking, clean billing cycles, and reliable monthly reporting. Our professional services accounting model helps Solo agencies, consultancies, legal firms, engineering teams, and advisors organize their financials so every hour and engagement is reflected correctly in revenue.
We refresh your Solo 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 Solo leadership team.
Solo 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:
Variance narratives save us hours each month.
Olivia T, Financial Reporting Lead
Client confidence improved with accurate reports.
Rachel B, Client Services Lead
Law firm trust accounts are error-free.
Michelle D, Trust Accountant
Frequently Asked Questions
Are your bookkeepers local to Solo?
Our team operates remotely but assigns a dedicated manager in your time zone.
Do you support IFRS as well as GAAP?
Yes, for global firms.
Do you prepare lender-ready reports?
Yes, for financing and credit.
Do you serve law firms?
Yes, including trust accounting and client billing.
Do you detect anomalies in WIP?
Yes, AI flags overruns and errors.
What’s the typical monthly fee in Solo?
Most clients pay $150–$350 depending on volume.
Do you scale with project volume?
Yes, during peak client demand.
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Solo 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 Solo firm scales.