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

We refresh your Butternut 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 Butternut leadership team.

Butternut 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:

Our board trusts the new financial packs.

Karen J, Audit Partner

We scaled during busy seasons without hiring.

David L, Operations Manager

Trust accounting is finally clean.

Sarah P, Law Firm CFO

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

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Frequently Asked Questions

Do you handle time-based billing reconciliations?

Yes, including hourly, retainer, and milestone billing.

Do you support IFRS as well as GAAP?

Yes, for global firms.

How does AI help professional services accounting?

By detecting project overruns, categorizing expenses, and writing variance narratives.

Are your bookkeepers local to Butternut?

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

Do you prepare lender-ready reports?

Yes, for financing and credit.

Do you shorten close cycles?

Yes, typically by 4–6 days.

Do you serve law firms?

Yes, including trust accounting and client billing.

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Explore Our Enterprise Professional Services Accounting

Enhance your offering with our Enterprise Professional Services Accounting spine.

Butternut 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 Butternut firm scales.