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

We refresh your Ravena 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 Ravena leadership team.

Ravena 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:

Board packs are now investor-ready.

Tina S, Finance Director

Our board trusts the new financial packs.

Karen J, Audit Partner

CPA oversight improved our audit cycle.

Kevin L, External Auditor

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

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Frequently Asked Questions

Do you support WIP reporting?

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

Do you work with CPAs in New York?

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

Do you prepare lender-ready reports?

Yes, for financing and credit.

Do you handle marketing agencies?

Yes, including project billing and profitability reports.

Do you offer virtual meetings for Ravena clients?

Yes, Zoom and Teams available for monthly reviews.

Do you offer monthly bookkeeping in Ravena?

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

Do you shorten close cycles?

Yes, typically by 4–6 days.

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Explore Our Enterprise Professional Services Accounting

Enhance your offering with our Enterprise Professional Services Accounting spine.

Ravena 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 Ravena firm scales.