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Professional Services

Professional Services Bookkeeping for US Firms

Project accounting, utilization, WIP, and partner distributions β€” for US consultancies, accounting firms, and engineering practices that bill by the hour or by the project.

Project Accounting

Revenue, cost, and margin tracked at the project, client, and service-line level.

Utilization Tracking

Billable hours, target utilization, and realization rate reporting by employee and team.

WIP & Revenue Recognition

Percentage-of-completion, milestone-based, and time-and-materials revenue recognition.

Partner Distributions

Partner comp, draws, and K-1 prep for partnerships and LLCs.

Subcontractor Accounting

1099 tracking, vendor master maintenance, and certified subcontractor status.

Practice Management Integration

Direct integration with Karbon, Canopy, Practice CS, and major practice tools.

Professional Services Accounting, Handled.

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