Professional Services Accounting

Accounting Solutions Built for Professional Services

Specialized bookkeeping and accounting services for professional service businesses to help you maintain accurate books, manage revenue and costs, and gain a clear understanding of your profitability by client, project, or service line.
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Explore Our Service
Clients
Projects
Retainers
Billable Hours
Expenses
Profitability
BUILT FOR SERVICE-BASED BUSINESSES

Accounting Built Around Your Clients & Projects

Professional service businesses have unique accounting needs. We help you track revenue, expenses, clients, projects, retainers, and other key elements—so you can focus on delivering great work while we handle your financial records.

Our specialized bookkeeping and accounting services are designed for consulting firms, agencies, IT companies, engineering firms, and other professional service businesses across the USA.

From Hours to Higher Profits

Track
Transactions
Organized By
Client/Project
Reconcile
& Review
Clear Financial Reports
Make Informed
Decisions
Grow Your
Business

Our Professional Services Acounting Services Include

Client-Wise Accounting

We track the revenue, expenses and payments by individual client.

Project-Wise Accounting

Track project revenue & expenses to determine profitability.

Billable & Non-Billable Expense Tracking

Classify billable vs. non-billable expenses accurately.

Client & Project Profitability

Compare project revenue against all costs to determine actual margins.

Retainer Accounting

Track client retainers, deposits and remaining balances.

Revenue & Invoice Management

Maintain invoices, payments and outstanding receivables.

Accounts Receivable Management

Organize A/R records and support timely collections.

Contractor Accounting

Track contractor payments and support 1099 reporting.

Payroll & Labor Cost Tracking

Account for employee compensation & allocate labor costs.

Recurring Revenue & Subscription Accounting

Recurring Revenue & Subscription Accounting

Software & Technology Expense Tracking

Track SaaS, software and other technology expenses.

Department & Service-Line Tracking

Track revenue and expenses by department or service line.

Class & Location Tracking

Use QBO Classes and Locations for more detailed reporting.

Bank & Credit Card Reconciliations

Reconcile all financial accounts accurately.

Month-End Closing

Handle reconciliations, accruals and financial statements.

Management Reporting

P&L, balance sheets, cash flow & client/project reports.
THE VANDAYAM ADVANTAGE

Clearer Insights. Stronger Decisions. Greater Growth.

Revenue alone doesn’t tell the whole story. We help you understand where your revenue comes from, where your costs are going, and which clients or projects are truly profitable.

Know Your Profitability

See revenue, costs & margins by client or project.

Simplify Your Accounting

Keep your books accurate, organized and up to date.

Make Smarter Decisions

Use reliable financial information to plan & grow.

Let’s Take the Complexity Out of Your Professional Services Accounting

Get accurate books, clear financial reports, and peace of mind.
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Frequently Asked Questions

Manufacturing Accounting FAQs

What types of professional service businesses do you provide accounting for?
Can you track accounting by client or project?
Can you help determine the profitability of each client or project?
Do you provide retainer, billing, and accounts receivable accounting?
Can you use QuickBooks Online to track clients, projects, or departments?