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

We refresh your Bynum 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 Bynum leadership team.

Bynum 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:

Our board trusts the new financial packs.

Karen J, Audit Partner

WIP reporting accuracy improved by 45%.

Laura M, Project Controller

Trust accounting is finally clean.

Sarah P, Law Firm CFO

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

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Frequently Asked Questions

Do you support IFRS as well as GAAP?

Yes, for global firms.

Do you support WIP reporting?

Yes, including reconciliation of time, expenses, and progress.

Do you provide board-ready packs?

Yes, with WIP schedules and utilization metrics.

What’s the typical monthly fee in Bynum?

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

Do you support consulting firms?

Yes, with utilization analysis and WIP reports.

How fast can you start in Bynum?

Most accounts go live within 2–3 business days after onboarding.

How soon can you start in Bynum?

Usually within 2–3 business days.

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Explore Our Enterprise Professional Services Accounting

Enhance your offering with our Enterprise Professional Services Accounting spine.

Bynum 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 Bynum firm scales.