Bookkeeping for Professional Services Firms
Reporting that shows which work is actually profitable.
What usually goes wrong
- No visibility into which clients or services make money
- Billing and receivables tracked in a spreadsheet
- Payroll and contractor costs allocated inconsistently
Professional services firms sell time, and time is easy to lose track of financially. Revenue looks healthy in aggregate while individual clients or service lines quietly lose money.
Standard financial statements won’t show you that. It takes a chart of accounts built deliberately, with reporting structured around how the firm actually thinks about its work.
That’s a bookkeeping decision more than a reporting one, and it has to be made before the data exists rather than after.
Services that usually apply
Accounts Payable & Receivable
Know what is going out, what is coming in, and what is overdue.
Financial Reporting
Statements and reports that tell you something useful about the business.
Monthly Bookkeeping
Your books kept current every month, so you always know where the business stands.
Payroll Support
Payroll support, bookkeeping and reconciliation, properly reflected in your financial statements.
Find out where your books actually stand
A free consultation, no obligation. Tell us how the business runs and where things currently sit, and we will tell you honestly what it would take to get the books right.
Canada-wide, fully remoteYour information stays confidential