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

We refresh your Newmarket 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 Newmarket leadership team.

Newmarket 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:

AI flagged anomalies in project billing.

Priya M, Data Analyst

CPA oversight improved our audit cycle.

Kevin L, External Auditor

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

Do you scale with project volume?

Yes, during peak client demand.

Do you support consulting firms?

Yes, with utilization analysis and WIP reports.

Do you offer virtual meetings for Newmarket clients?

Yes, Zoom and Teams available for monthly reviews.

Do you detect anomalies in WIP?

Yes, AI flags overruns and errors.

How is pricing structured?

Flat monthly retainer based on project volume and complexity.

Do you support IFRS as well as GAAP?

Yes, for global firms.

How does AI help professional services accounting?

By detecting project overruns, categorizing expenses, and writing variance narratives.

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Explore Our Enterprise Professional Services Accounting

Enhance your offering with our Enterprise Professional Services Accounting spine.

Newmarket 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 Newmarket firm scales.