The Challenge
This CPA firm worked with law firms, consultants, and creatives and faced:
- Improper Revenue Recognition: Time-based invoicing wasn’t matching revenue periods.
- Blurry Profit Margins: Clients couldn’t see which services were profitable.
- Staff Overload: CPAs spent too much time fixing client bookkeeping.
Our Solution
We created a service-industry-friendly bookkeeping model:
Project-Based Revenue Tracking
- Aligned time-tracking platforms (Harvest, Toggl) with QBO.
- Mapped invoices to correct revenue months.
Expense & Client Profitability
- Created project-level P&Ls to assess margin by client.
- Helped CPA deliver monthly financials + pricing insights.
The Results
After just six months of working with us, the business experienced tangible improvements:
Key Takeaways
- Professional service firms benefit from project-level tracking.
- Better reporting = better pricing and strategy for clients.
- CPA firms scale faster when operational work is outsourced.
Client Testimonial
Our clients love the insights. And our team isn’t stuck doing back-office work anymore.
Founder, Niche CPA Firm
Chicago
Support Your Service Clients with Real-Time Financials
Project-based insights. Zero back-office stress.
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