Professional Services Bookkeeping

Bookkeeping for
Professional
Services.

Law firms, consultants, marketing agencies, and professional service businesses run on retainers, project billing, and time-based revenue. We build a clean bookkeeping system around your billing structure so you always know your actual profitability — not just your invoiced amount.

No setup fees  ·  Cancel anytime  ·  Dedicated bookkeeper

At a Glance
What We Track for Professional Services
Everything handled monthly — nothing falls through the cracks
Retainer Income✓ Tracked
Project Billing✓ Reconciled
Client Expense Reimbursements✓ Categorized
Payroll & Contractor Payments✓ Managed
Trust / IOLTA Accounts✓ Maintained
Overhead & SaaS Tools✓ Categorized
5.0
Star Rating
$0
Setup Fees
Who It's For

Built for Every Type of
Professional Services Firm

Whether you're a solo consultant or managing a growing agency, we build the bookkeeping system around how your billing actually works.

⚖️

Law Firms & Legal Practices

Client trust accounts, IOLTA compliance, retainer management, and hourly billing reconciliation — legal bookkeeping has zero margin for error.

  • IOLTA and trust account reconciliation
  • Retainer draw tracking
  • Billing cycle and invoice reconciliation
  • Attorney and staff payroll
  • Client cost reimbursement tracking
  • Bar dues and CLE expense logging
📊

Consultants & Coaches

Project-based and retainer revenue with variable expenses and a mix of client types. Clean books let you see which engagements are most profitable and where to focus.

  • Project revenue vs. cost tracking
  • Retainer billing and payment reconciliation
  • Contractor and specialist payments
  • Travel and client entertainment expenses
  • Home office and technology deductions
  • Quarterly estimated tax planning
🎨

Agencies (Marketing / Creative / PR)

Agency financials involve retainer clients, project work, media spend, and a team that grows and contracts. We keep the numbers clean no matter how fast things move.

  • Retainer and project revenue separation
  • Media spend passthrough tracking
  • Contractor and freelancer 1099s
  • Payroll for full-time staff
  • Profit margin by client or project
  • SaaS and tool subscription expenses
Sound Familiar?

The Financial Headaches
We Fix

Professional services firms face financial challenges that general bookkeepers routinely miss. Here's what we hear from nearly every new client.

😩

Retainer Revenue Is Hard to Track Properly

Retainers get drawn down differently each month. Without a system, it's easy to over-bill, under-bill, or lose track of what's been used vs. what's still in trust.

📉

No Visibility into Project Profitability

You're billing clients, but after labor, overhead, and contractor costs — which projects are actually making money? Most firms have no idea without a proper cost structure.

🧾

Trust Accounts Require Exact Compliance

IOLTA rules are strict. Commingling funds, even accidentally, can have serious professional consequences. We maintain clean separation and reconciliation every month.

😰

Year-End Is a Scramble

Chasing down expense receipts, sorting contractor payments for 1099s, and trying to reconstruct the year for your CPA. We eliminate all of it with clean monthly records.

What Tides Delivers
Every Month
So you never deal with any of those problems again
Retainer & Project Revenue TrackedEvery client engagement tracked from billing to collection — with clear balances at all times.
Monthly Profit by ClientSee which clients and projects are most profitable — and make smarter decisions about where to focus.
Trust Account ReconciliationIOLTA accounts reconciled every month — compliant, clean, and audit-ready.
Contractor & Payroll RecordsEvery payment tracked, every 1099 ready at year-end — no scrambling in January.
One Dedicated BookkeeperA real person who knows your business and responds fast — not a ticket system or a call center.
What's Included

Everything You Need,
Nothing You Don't

Every Tides plan includes all seven core services. Professional services clients get specific treatment for retainer billing, trust accounts, and project-level profitability.

📈

Financial Reporting

Monthly reports showing revenue by client, project margins, and overhead costs — so you can make smarter business decisions every month.

Monthly Reports
🏦

Bank Reconciliation

Every business account and credit card matched and verified each month. No mystery charges. No unresolved transactions. No surprises.

📑

Accounts Payable & Receivable

We track contractor payments, client invoices, and outstanding balances so nothing gets missed or paid twice.

🔄

Catch-Up Bookkeeping

Months or years behind? We clean it all up before we start your regular monthly service — no matter how far back the backlog goes.

💼

Payroll Support

If you have employees or pay contractors, we coordinate payroll processing and keep your tax filings clean and on schedule.

★★★★★

"As a consultant, I never had clean books. Tides changed that in the first month — now I actually know which clients are my most profitable."

JK
J.K.
Independent Consultant  ·  Verified Client
Common Questions

Professional Services
FAQ

Questions we hear from professional services firms before they sign on with Tides.

Yes — setting up your chart of accounts to track income and expenses by client or project is something we do specifically for professional services businesses. You'll get a clear view of which relationships are most profitable and which ones are costing you more than you're making.
Yes — trust account management is a specialty. We reconcile IOLTA and client trust accounts separately from operating accounts every month, ensuring your records are compliant with state bar requirements. Clean trust records protect your license and your clients.
We track retainer payments as they come in and monitor draw-downs as services are rendered. You'll always know the current retainer balance for each client, what's been billed, and what's been collected.
Yes — we track every contractor payment throughout the year and have your 1099 data organized well before January. If you use a mix of contractors and employees, we coordinate both payroll and 1099 prep.
Absolutely. Growing headcount changes your financial picture quickly — payroll taxes, benefits costs, and overhead all increase. We give you the monthly visibility to plan growth without surprise cash flow gaps.
Flat monthly pricing, no hourly rates, no setup fees. Free 15-minute call for an exact quote. All plans include all seven services and a dedicated bookkeeper.
📍 Service Coverage

Based in Greenville, SC —
Serving Clients Nationwide

100% remote bookkeeping for small businesses across South Carolina and throughout the United States.

12 Industries

Beyond Professional Services,
We Serve All These Businesses

Tides Bookkeeping specializes in bookkeeping across 12 distinct industries. Industry-specific expertise means fewer errors, better categorization, and a bookkeeper who already understands how your business makes money.

View All Industries →
Get Started Today

Serve Your Clients.
We'll Handle
The Books.

Schedule a free 15-minute call. We'll review your current setup, answer your questions, and give you a flat monthly quote — no pressure.

No credit card required  ·  No long-term contracts  ·  Cancel anytime