Accounting for Rainbow Lake’s Professional Services Enterprises
Certified India-based team with CPA oversight. WIP reporting, utilization metrics, and project profitability made simple.
Rainbow Lake 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:
Law firm trust accounts are error-free.
- Michelle D, Trust Accountant
Close cycles shortened by 6 days.
- Jason K, Finance Manager
We scaled during busy seasons without hiring.
- David L, Operations Manager
Frequently Asked Questions
Do you handle time-based billing reconciliations?
Yes, including hourly, retainer, and milestone billing.
How does AI help professional services accounting?
By detecting project overruns, categorizing expenses, and writing variance narratives.
Do you support IFRS as well as GAAP?
Yes, for global firms.
Can you manage multi-entity firms?
Yes, with consolidated reporting.
Do you prepare project profitability reports?
Yes, by project, client, or practice.
Do you help with client trust accounting?
Yes, for law and consulting firms.
Do you detect anomalies in WIP?
Yes, AI flags overruns and errors.
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