Accounting for Onaka’s Professional Services Enterprises
Certified India-based team with CPA oversight. WIP reporting, utilization metrics, and project profitability made simple.
Service firms in Onaka depend on accurate time-tracking, clean billing cycles, and reliable monthly reporting. Our professional services accounting model helps Onaka agencies, consultancies, legal firms, engineering teams, and advisors organize their financials so every hour and engagement is reflected correctly in revenue.
We refresh your Onaka 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 Onaka leadership team.
Onaka 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
Project profitability reporting is now reliable.
Emily R, Senior Accountant
Audit adjustments dropped 35%.
Robert S, External Auditor
Frequently Asked Questions
Do you integrate with time-tracking systems?
Yes, Harvest, Toggl, and ERP systems.
Do you provide board-ready packs?
Yes, with WIP schedules and utilization metrics.
Do you support IFRS as well as GAAP?
Yes, for global firms.
How is pricing structured?
Flat monthly retainer based on project volume and complexity.
Do you prepare project profitability reports?
Yes, by project, client, or practice.
Do you provide CPA-reviewed outputs?
Yes, ensuring compliance and audit readiness.
Do you serve businesses in Onaka?
Yes, we support clients across Onaka and surrounding areas.
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Onaka 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 Onaka firm scales.