Accounting for Coral’s Professional Services Enterprises
Certified India-based team with CPA oversight. WIP reporting, utilization metrics, and project profitability made simple.
Service firms in Coral depend on accurate time-tracking, clean billing cycles, and reliable monthly reporting. Our professional services accounting model helps Coral agencies, consultancies, legal firms, engineering teams, and advisors organize their financials so every hour and engagement is reflected correctly in revenue.
We refresh your Coral 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 Coral leadership team.
Coral 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:
Trust accounting is finally clean.
Sarah P, Law Firm CFO
Utilization analysis gave us clear insight into profitability.
Mark J, Consulting CFO
Audit adjustments dropped 35%.
Robert S, External Auditor
Frequently Asked Questions
Do you help with client trust accounting?
Yes, for law and consulting firms.
Can you manage multi-entity firms?
Yes, with consolidated reporting.
How soon can you start in Coral?
Usually within 2–3 business days.
Do you support IFRS as well as GAAP?
Yes, for global firms.
Do you support WIP reporting?
Yes, including reconciliation of time, expenses, and progress.
How fast can you start in Coral?
Most accounts go live within 2–3 business days after onboarding.
Do you integrate with time-tracking systems?
Yes, Harvest, Toggl, and ERP systems.
Why CPAs Trust RemoteBooksOnline
CPA-Approved Services 
100% Secure & Compliant 
Trusted by 5000+ Businesses Explore Our Enterprise Professional Services Accounting
Enhance your offering with our Enterprise Professional Services Accounting spine.
Coral 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 Coral firm scales.