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

We refresh your Bayard 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 Bayard leadership team.

Bayard 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:

Forecasting improved with utilization metrics.

Thomas N, Financial Analyst

Law firm trust accounts are error-free.

Michelle D, Trust Accountant

Our board trusts the new financial packs.

Karen J, Audit Partner

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 integrate with time-tracking systems?

Yes, Harvest, Toggl, and ERP systems.

Do you serve law firms?

Yes, including trust accounting and client billing.

Do you provide board-ready packs?

Yes, with WIP schedules and utilization metrics.

How fast can you start in Bayard?

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

Do you handle marketing agencies?

Yes, including project billing and profitability reports.

How soon can you start in Bayard?

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.

Bayard 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 Bayard firm scales.