📧 Contact us: cfo@bioutsource.com
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BI-Outsource / Industries

Accounting for professional services firms

We run the finance function for consultancies, agencies and practices: time and fees billed on schedule, unbilled work tracked, project and client margins reported, partner or director accounts kept, and payroll and tax handled, so you see which clients and people actually make money.

Who it is for

Is this for you?

Consultancies and advisory firms
Marketing, creative and digital agencies
Law, architecture and engineering practices
Recruitment and staffing firms

What is included

Everything handled for you

Billing from timesheets, retainers and milestones
Unbilled work (WIP) and debtor tracking
Client and project profitability
Utilisation and realisation reporting
Partner or director drawings and current accounts
Payroll and contractor payments
Expense recharges to clients
Tax returns and indirect tax

How it works

Five simple steps

  1. Free 30-minute call
  2. Review of your books and process
  3. Fixed monthly fee
  4. Set-up and clean-up
  5. Monthly reports and review

From £300/month Fixed fee, agreed before we start. Taxes extra.

Answers

Common questions

How do you measure project profitability?

By matching fees billed with time and direct costs for each client or project every month.

Can you bill from our timesheets?

Yes, from tools such as Harvest, Clockify or your practice software.

Do you handle partner accounts?

Yes: profit shares, drawings and current accounts kept up to date.

What reports do partners get?

Monthly P&L, client margins, utilisation, debtors and cash flow.

Talk to us in confidence

Free, confidential first call with the promoters. NDA signed before you share anything.

Book a free call WhatsApp +91 97449 22222

Last reviewed November 2026 by Karun Reji, Chartered Accountant (India). General information, not legal advice.

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