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

We refresh your Holmes 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 Holmes leadership team.

Holmes 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

CPA oversight improved our audit cycle.

Kevin L, External Auditor

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 reduce audit adjustments?

Yes, with reconciled logs and CPA oversight.

Do you prepare project profitability reports?

Yes, by project, client, or practice.

Do you offer monthly bookkeeping in Holmes?

Yes, flat-fee monthly plans with weekly reconciliations and month-end close for Holmes clients.

Do you serve law firms?

Yes, including trust accounting and client billing.

Do you work with CPAs in New York?

Yes, we deliver reports that integrate directly with CPA tax software.

Can you manage multi-entity firms?

Yes, with consolidated reporting.

Do you support IFRS as well as GAAP?

Yes, for global firms.

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Explore Our Enterprise Professional Services Accounting

Enhance your offering with our Enterprise Professional Services Accounting spine.

Holmes 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 Holmes firm scales.