Accounting for Novelty’s Professional Services Enterprises
Certified India-based team with CPA oversight. WIP reporting, utilization metrics, and project profitability made simple.
Service firms in Novelty depend on accurate time-tracking, clean billing cycles, and reliable monthly reporting. Our professional services accounting model helps Novelty agencies, consultancies, legal firms, engineering teams, and advisors organize their financials so every hour and engagement is reflected correctly in revenue.
We refresh your Novelty 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 Novelty leadership team.
Novelty 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:
We finally have clarity in project profitability.
James M, CEO
Client billing reconciliations are accurate.
Jennifer F, Billing Supervisor
WIP reporting accuracy improved by 45%.
Laura M, Project Controller
Frequently Asked Questions
Do you handle marketing agencies?
Yes, including project billing and profitability reports.
Do you integrate with time-tracking systems?
Yes, Harvest, Toggl, and ERP systems.
Do you support WIP reporting?
Yes, including reconciliation of time, expenses, and progress.
Do you scale with project volume?
Yes, during peak client demand.
Do you support IFRS as well as GAAP?
Yes, for global firms.
Do you prepare project profitability reports?
Yes, by project, client, or practice.
Can you manage multi-entity firms?
Yes, with consolidated reporting.
Why CPAs Trust RemoteBooksOnline
Explore Our Enterprise Professional Services Accounting
Enhance your offering with our Enterprise Professional Services Accounting spine.
Novelty 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 Novelty firm scales.