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

We refresh your Buchanan 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 Buchanan leadership team.

Buchanan 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:

Trust accounting is finally clean.

Sarah P, Law Firm CFO

Our board trusts the new financial packs.

Karen J, Audit Partner

Multi-entity consolidations are seamless.

Brian H, Accounting Manager

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

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Frequently Asked Questions

Do you support WIP reporting?

Yes, including reconciliation of time, expenses, and progress.

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 handle time-based billing reconciliations?

Yes, including hourly, retainer, and milestone billing.

Do you help with client trust accounting?

Yes, for law and consulting firms.

Are your bookkeepers local to Buchanan?

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

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Explore Our Enterprise Professional Services Accounting

Enhance your offering with our Enterprise Professional Services Accounting spine.

Buchanan 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 Buchanan firm scales.