Accounting for Professional Service Firms
Professional service businesses sell expertise, knowledge, and time. Whether you’re an engineering firm, consulting company, law office, marketing agency, accounting practice, insurance agency, or independent professional, we provide accurate bookkeeping, payroll, tax compliance, and financial reporting to help you improve profitability and scale confidently.
We help you manage project costs, client billing, cash flow, accounts receivable, and financial performance so you can focus on serving clients and growing your business.
- Bookkeeping & Financial Reporting
- Client Billing & Accounts Receivable
- Project & Service Profitability Analysis
- Payroll Management
- Cash Flow Forecasting
- Time & Billing System Integration
- Expense Tracking & Reconciliation
- Tax Preparation & Compliance
- KPI & Performance Reporting
- Multi-Office Financial Reporting
Know Your True Utilization & Profitability
Are you billing enough to cover overhead and profit? Our reporting shows you utilization rates, realization (billed vs. worked time), and project profitability. Make informed decisions about rates, staffing, and which services to offer.
Project Profitability
Analyze profitability by client, project, department, or service line to identify your most profitable work and improve margins.
Client Billing & Collections
Track invoices, outstanding balances, retainers, and payment activity to improve cash flow and reduce collection issues.
Financial Visibility
Receive accurate monthly financial reports, KPI dashboards, and performance insights to make better business decisions.
Frequently Asked Questions
We work with engineering firms, architects, consultants, marketing agencies, law firms, accounting practices, insurance agencies, IT consultants, real estate professionals, and many other service-based businesses.
Yes. We maintain accurate books, reconcile accounts, prepare monthly financial statements, and provide meaningful financial insights to support business growth.
Absolutely. We help track invoices, monitor outstanding balances, manage collections, and improve cash flow through better billing processes.
Yes. We work with QuickBooks Online, Xero, FreshBooks, Bill.com, Harvest, Clockify, Toggl, and many other accounting and billing platforms.
We analyze revenue, labor costs, expenses, and billable hours by project, client, or service line to identify profitable work and improve pricing decisions.
Yes. We provide customized dashboards and reports covering profitability, utilization, cash flow, accounts receivable, revenue trends, and other key performance indicators.
Yes. We provide consolidated financial reporting while maintaining separate reporting by office, department, or business unit for better visibility and control.
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Let’s Build Your Financial Future Together.