Accounting for Nemo’s Professional Services Enterprises
Certified India-based team with CPA oversight. WIP reporting, utilization metrics, and project profitability made simple.
Service firms in Nemo depend on accurate time-tracking, clean billing cycles, and reliable monthly reporting. Our professional services accounting model helps Nemo agencies, consultancies, legal firms, engineering teams, and advisors organize their financials so every hour and engagement is reflected correctly in revenue.
We refresh your Nemo 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 Nemo leadership team.
Nemo 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:
Close cycles shortened by 6 days.
Jason K, Finance Manager
Audit adjustments dropped 35%.
Robert S, External Auditor
WIP reporting accuracy improved by 45%.
Laura M, Project Controller
Frequently Asked Questions
Do you provide CPA-reviewed outputs?
Yes, ensuring compliance and audit readiness.
What’s the typical monthly fee in Nemo?
Most clients pay $150–$350 depending on volume.
Do you detect anomalies in WIP?
Yes, AI flags overruns and errors.
How does AI help professional services accounting?
By detecting project overruns, categorizing expenses, and writing variance narratives.
Do you prepare project profitability reports?
Yes, by project, client, or practice.
Do you support IFRS as well as GAAP?
Yes, for global firms.
Do you serve law firms?
Yes, including trust accounting and client billing.
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Nemo 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 Nemo firm scales.