Accounting for Hancock’s Professional Services Enterprises
Certified India-based team with CPA oversight. WIP reporting, utilization metrics, and project profitability made simple.
Service firms in Hancock depend on accurate time-tracking, clean billing cycles, and reliable monthly reporting. Our professional services accounting model helps Hancock agencies, consultancies, legal firms, engineering teams, and advisors organize their financials so every hour and engagement is reflected correctly in revenue.
We refresh your Hancock 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 Hancock leadership team.
Hancock 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:
Board packs are now investor-ready.
Tina S, Finance Director
AI flagged anomalies in project billing.
Priya M, Data Analyst
Law firm trust accounts are error-free.
Michelle D, Trust Accountant
Frequently Asked Questions
How fast can you start in Hancock?
Most accounts go live within 2–3 business days after onboarding.
Do you shorten close cycles?
Yes, typically by 4–6 days.
What’s the typical monthly fee in Hancock?
Most clients pay $150–$350 depending on volume.
Do you detect anomalies in WIP?
Yes, AI flags overruns and errors.
Do you offer virtual meetings for Hancock clients?
Yes, Zoom and Teams available for monthly reviews.
Do you prepare project profitability reports?
Yes, by project, client, or practice.
Do you provide utilization metrics?
Yes, to track efficiency and resource allocation.
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Hancock 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 Hancock firm scales.