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

We refresh your Lobeco 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 Lobeco leadership team.

Lobeco 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:

Multi-entity consolidations are seamless.

Brian H, Accounting Manager

Our consulting firm improved margins by 8%.

Daniel B, CEO

We finally have clarity in project profitability.

James M, CEO

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

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Frequently Asked Questions

Do you handle time-based billing reconciliations?

Yes, including hourly, retainer, and milestone billing.

Do you prepare project profitability reports?

Yes, by project, client, or practice.

Do you help with client trust accounting?

Yes, for law and consulting firms.

Do you integrate with time-tracking systems?

Yes, Harvest, Toggl, and ERP systems.

What’s the typical monthly fee in Lobeco?

Most clients pay $150–$350 depending on volume.

Are your bookkeepers local to Lobeco?

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

Do you offer monthly bookkeeping in Lobeco?

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

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Explore Our Enterprise Professional Services Accounting

Enhance your offering with our Enterprise Professional Services Accounting spine.

Lobeco 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 Lobeco firm scales.