Industry
Professional services bookkeeping & accounting
Consultancies, agencies and advisory firms that bill by project or retainer and need clean revenue tracking.
Overview
How we keep professional services books accurate
Professional-services firms sell time and expertise, so the books have to answer one question above all: which clients and projects actually make money. That only works when revenue, contractor costs and staff time are recorded against the same client or project structure.
We set up classes or tracking categories that mirror how you sell, keep retainers and milestone invoices tied to the work they cover, and report profitability by client each month instead of once a year.
Where the books usually break
- Retainers billed in advance but recorded as revenue the day they are invoiced
- Contractor and freelancer costs that are never matched to the client they served
- Write-offs and discounts buried inside revenue, hiding real realisation rates
- Owners pricing new work from instinct because project margins are unknown
What we typically handle
- Project and client profitability
- Retainer and milestone invoicing
- Contractor payment tracking
Services
Services professional services clients use most
Bookkeeping
Day-to-day recording, categorisation and monthly close so your ledgers are always current and audit-ready.
View service BookkeepingAccounts receivable
Invoicing, application of payments and structured follow-up to shorten the time you wait to get paid.
View service Accounts receivableFinancial reporting
Monthly reporting packs that explain performance instead of just listing numbers.
View service Financial reporting
FAQs
Professional services questions
Can you report profitability by client or project?
How do you handle retainers paid in advance?
Do you track 1099 contractors?
Industries
Other sectors we support
Talk through your professional services books with us
Book a free consultation and we will tell you what support would look like for your business, what it would cost, and how quickly we could start.