Industry · [05]

Accounting for Professional Services .

Consultancies and agencies live or die on utilisation, realisation, and partner draws. We set up your books so those three numbers are easy to see, easy to act on, and easy to defend at the partners table.

UKPractice
ACCAStandard
CloudFirst
SectorSpecialist
What we see in Professional Services

The recurring pressure points.

Every sector has its own quirks. Here are the issues we deal with most often when we engage a professional services business — and the ones our process is built to solve.

  • [01]Work-in-progress (WIP) and accrued income accounting
  • [02]Partner draws, profit-share, and tax reserves
  • [03]Time-tracking integration with accounting
  • [04]IR35 and contractor management
  • [05]Cross-border invoicing and place-of-supply VAT
Run a professional services business?

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