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

We refresh your Ontario 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 Ontario leadership team.

Ontario 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

Audit adjustments dropped 35%.

Robert S, External Auditor

Board packs are now investor-ready.

Tina S, Finance Director

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

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Frequently Asked Questions

Do you detect anomalies in WIP?

Yes, AI flags overruns and errors.

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.

Are your bookkeepers local to Ontario?

Our team operates remotely but assigns a dedicated manager in your time zone.

What’s the average bookkeeping cost in Ontario?

Most clients pay $150–$350 per month depending on volume and complexity.

Do you reduce audit adjustments?

Yes, with reconciled logs and CPA oversight.

How fast can you start in Ontario?

Most accounts go live within 2–3 business days after onboarding.

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Explore Our Enterprise Professional Services Accounting

Enhance your offering with our Enterprise Professional Services Accounting spine.

Ontario 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 Ontario firm scales.