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

We refresh your Ray 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 Ray leadership team.

Ray 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:

Utilization analysis gave us clear insight into profitability.

Mark J, Consulting CFO

Cash flow management is stronger now.

Angela M, CFO

Project profitability reporting is now reliable.

Emily R, Senior Accountant

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

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Frequently Asked Questions

Do you support consulting firms?

Yes, with utilization analysis and WIP reports.

How soon can you start in Ray?

Usually within 2–3 business days.

How does AI help professional services accounting?

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

Do you support WIP reporting?

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

Do you prepare project profitability reports?

Yes, by project, client, or practice.

Do you work with CPAs in Ohio?

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

Do you offer monthly bookkeeping in Ray?

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

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Explore Our Enterprise Professional Services Accounting

Enhance your offering with our Enterprise Professional Services Accounting spine.

Ray 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 Ray firm scales.