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

We refresh your Thompsons 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 Thompsons leadership team.

Thompsons 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

Client confidence improved with accurate reports.

Rachel B, Client Services Lead

Our consulting firm improved margins by 8%.

Daniel B, CEO

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

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Frequently Asked Questions

Do you prepare project profitability reports?

Yes, by project, client, or practice.

What’s the typical monthly fee in Thompsons?

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

Do you provide board-ready packs?

Yes, with WIP schedules and utilization metrics.

How fast can you start in Thompsons?

Most accounts go live within 2–3 business days after onboarding.

What’s the average bookkeeping cost in Thompsons?

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 shorten close cycles?

Yes, typically by 4–6 days.

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Explore Our Enterprise Professional Services Accounting

Enhance your offering with our Enterprise Professional Services Accounting spine.

Thompsons 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 Thompsons firm scales.