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

We refresh your Wheeler 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 Wheeler leadership team.

Wheeler 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 scaled during busy seasons without hiring.

David L, Operations Manager

Trust accounting is finally clean.

Sarah P, Law Firm CFO

Our consulting firm improved margins by 8%.

Daniel B, CEO

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

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Frequently Asked Questions

Do you help with client trust accounting?

Yes, for law and consulting firms.

Do you serve law firms?

Yes, including trust accounting and client billing.

Do you handle time-based billing reconciliations?

Yes, including hourly, retainer, and milestone billing.

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.

How fast can you start in Wheeler?

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

Do you prepare project profitability reports?

Yes, by project, client, or practice.

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Explore Our Enterprise Professional Services Accounting

Enhance your offering with our Enterprise Professional Services Accounting spine.

Wheeler 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 Wheeler firm scales.