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

We refresh your Lykens 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 Lykens leadership team.

Lykens 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:

Client billing reconciliations are accurate.

Jennifer F, Billing Supervisor

Multi-entity consolidations are seamless.

Brian H, Accounting Manager

Client confidence improved with accurate reports.

Rachel B, Client Services Lead

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

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Frequently Asked Questions

How soon can you start in Lykens?

Usually within 2–3 business days.

Do you reduce audit adjustments?

Yes, with reconciled logs and CPA oversight.

What’s the average bookkeeping cost in Lykens?

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

Do you shorten close cycles?

Yes, typically by 4–6 days.

How fast can you start in Lykens?

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

Do you scale with project volume?

Yes, during peak client demand.

Do you provide board-ready packs?

Yes, with WIP schedules and utilization metrics.

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Explore Our Enterprise Professional Services Accounting

Enhance your offering with our Enterprise Professional Services Accounting spine.

Lykens 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 Lykens firm scales.