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

Law firm trust accounts are error-free.

Michelle D, Trust Accountant

Close cycles shortened by 6 days.

Jason K, Finance Manager

We scaled during busy seasons without hiring.

David L, Operations Manager

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

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Frequently Asked Questions

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

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

Yes, for law and consulting firms.

Most clients pay $150–$350 per month depending on volume and complexity.

Yes, with reconciled logs and CPA oversight.

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

Yes, including hourly, retainer, and milestone billing.

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Explore Our Enterprise Professional Services Accounting

Enhance your offering with our Enterprise Professional Services Accounting spine.

Redwood 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 Redwood firm scales.
  1. Enterprise Professional Services Accounting
  2. Virginia
  3. Redwood