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.

We work 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
WIP (Work in Progress) tracking
Time & expense management
Utilization rate reporting
Project profitability analysis
Client-level P&L reporting
Partner capital accounting
K-1 preparation support
Retainer & prepayment tracking
Multi-currency billing
Contractor payment management
Practice growth analytics

Ready to Optimize Your Practice Finances?

Let's discuss how our professional services expertise can help you improve profitability and grow your practice.