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

We refresh your Arcanum 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 Arcanum leadership team.

Arcanum 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:

Project profitability reporting is now reliable.

Emily R, Senior Accountant

Board packs are now investor-ready.

Tina S, Finance Director

WIP reporting accuracy improved by 45%.

Laura M, Project Controller

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

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Frequently Asked Questions

Do you provide board-ready packs?

Yes, with WIP schedules and utilization metrics.

What’s the typical monthly fee in Arcanum?

Most clients pay $150–$350 depending on volume.

Do you integrate with time-tracking systems?

Yes, Harvest, Toggl, and ERP systems.

Do you reduce audit adjustments?

Yes, with reconciled logs and CPA oversight.

How does AI help professional services accounting?

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

Do you support consulting firms?

Yes, with utilization analysis and WIP reports.

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.

Arcanum 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 Arcanum firm scales.