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

We refresh your Hico 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 Hico leadership team.

Hico 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:

We scaled during busy seasons without hiring.

David L, Operations Manager

Utilization analysis gave us clear insight into profitability.

Mark J, Consulting CFO

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

How is pricing structured?

Flat monthly retainer based on project volume and complexity.

Do you support IFRS as well as GAAP?

Yes, for global firms.

Do you serve businesses in Hico?

Yes, we support clients across Hico and surrounding areas.

Do you offer virtual meetings for Hico clients?

Yes, Zoom and Teams available for monthly reviews.

Do you support WIP reporting?

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

Do you prepare project profitability reports?

Yes, by project, client, or practice.

Do you offer monthly bookkeeping in Hico?

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

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Explore Our Enterprise Professional Services Accounting

Enhance your offering with our Enterprise Professional Services Accounting spine.

Hico 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 Hico firm scales.