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

We refresh your Toronto 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 Toronto leadership team.

Toronto 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 confidence improved with accurate reports.

Rachel B, Client Services Lead

Client billing reconciliations are accurate.

Jennifer F, Billing Supervisor

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 shorten close cycles?

Yes, typically by 4–6 days.

What’s the average bookkeeping cost in Toronto?

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

Do you serve law firms?

Yes, including trust accounting and client billing.

Do you work with CPAs in South Dakota?

Yes, we deliver reports that integrate directly with CPA tax software.

Are your bookkeepers local to Toronto?

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

Do you handle marketing agencies?

Yes, including project billing and profitability reports.

What’s the typical monthly fee in Toronto?

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

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Explore Our Enterprise Professional Services Accounting

Enhance your offering with our Enterprise Professional Services Accounting spine.

Toronto 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 Toronto firm scales.