Professional Services

Accounting for Professional Services

Your expertise is your product. We help professional service firms track project profitability, manage utilization, and understand the financial performance of their practice.

Ideal for businesses with:

Law firms & legal practices

Management consultancies

Marketing & creative agencies

Architecture & design firms

We Understand Service Businesses

Professional service firm accounting has unique challenges. We've built our expertise around the metrics that matter for billable-hour businesses.

Time & Billing Complexity

Track billable hours, manage WIP, and ensure accurate billing across multiple projects and clients.

Resource Utilization

Understand team utilization rates and optimize staffing for profitability across your practice.

Project Profitability

Real project-level P&L analysis to understand which clients and engagements drive your margins.

Partner Distributions

Manage partner capital accounts, guaranteed payments, and distributions with accuracy and compliance.

Professional Services Accounting

Project-based accounting

Utilization rate reporting

Partner capital accounting

Multi-currency billing

WIP (Work in Progress) tracking

Project profitability analysis

K-1 preparation support

Contractor payment management

Time & expense management

Client-level P&L reporting

Retainer & prepayment tracking

Practice growth analytics

Ready to Get Started?

Schedule a free consultation to discuss your needs and get a custom quote for your business.