Accounting for Newton’s Professional Services Enterprises
Certified India-based team with CPA oversight. WIP reporting, utilization metrics, and project profitability made simple.
Service firms in Newton depend on accurate time-tracking, clean billing cycles, and reliable monthly reporting. Our professional services accounting model helps Newton agencies, consultancies, legal firms, engineering teams, and advisors organize their financials so every hour and engagement is reflected correctly in revenue.
We refresh your Newton 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 Newton leadership team.
Newton 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
Forecasting improved with utilization metrics.
Thomas N, Financial Analyst
Client billing reconciliations are accurate.
Jennifer F, Billing Supervisor
Frequently Asked Questions
Do you support consulting firms?
Yes, with utilization analysis and WIP reports.
Do you serve law firms?
Yes, including trust accounting and client billing.
Do you handle marketing agencies?
Yes, including project billing and profitability reports.
Do you detect anomalies in WIP?
Yes, AI flags overruns and errors.
Do you provide utilization metrics?
Yes, to track efficiency and resource allocation.
Can you manage multi-entity firms?
Yes, with consolidated reporting.
Do you prepare lender-ready reports?
Yes, for financing and credit.
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Newton 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 Newton firm scales.