Consulting & professional services · Sydney

Accounting & bookkeeping for consulting & professional services.

Streamline your finances, stay compliant and protect your margins with accounting built for professional services — billable hours, unbilled WIP, project profitability and debtor management.

Consultants · Agencies · Advisors & professional firms · Sydney & NSW · 1300 595 155

Numerix accounting and bookkeeping for a Sydney consulting and professional services firm
Time & billing reconciliation· WIP & revenue recognition· Project profitability· Debtor management
Who we are

Build a strong financial foundation for your consulting business

Consulting and professional-services firms have complex financial workflows that directly impact profitability — unbilled work-in-progress, consultant utilisation, project margins and delayed payments all need accurate tracking and reporting. Our specialised bookkeeping keeps you on top of billable hours, reconciles project accounts and delivers timely reports.

Alongside bookkeeping, we provide reliable payroll so employees and contractors are paid accurately and on time — expert financial support that streamlines operations and supports long-term growth, backed by dependable bookkeeping.

Sydney CBDParramattaStrathfieldBankstownLiverpoolCasulaFairfield& surrounds
Numerix professional-services accounting team reviewing billable hours, WIP and project profitability for a Sydney consulting firm
What we solve

Common financial challenges in professional services

Managing a consulting firm's finances comes with unique hurdles. We handle the ones that quietly leak margin and cash.

Unbilled work-in-progress (WIP)

Tracking time and expenses incurred but not yet invoiced — real earned revenue at risk.

Project profitability

Understanding the true margin on each engagement after consultant time, expenses and overheads.

Revenue recognition timing

Knowing when to recognise revenue — on billing, on completion, or proportionally over a project.

Consultant & contractor payroll

Managing employed consultants, contract staff and associate agreements with correct tax treatment.

Cash flow & debtors

Long payment cycles make debtor management and cash flow forecasting critical.

Multi-service reporting

Consolidated, comparable reporting across diverse service offerings.

What we offer

Accounting & bookkeeping for consulting firms

From time-and-billing to per-engagement margins, we keep your firm profitable and compliant.

01 — Time & billing

Time & billing reconciliation

Reconcile time-tracking systems (Harvest, Toggl, WorkflowMax) to your invoicing and accounting software monthly.

02 — WIP

WIP & revenue recognition

Track unbilled WIP and apply the correct revenue recognition policy so your P&L reflects true earned revenue.

03 — Profitability

Project profitability reporting

Monthly P&L per client engagement showing revenue, direct costs and contribution margin.

04 — Debtors

Accounts receivable & debtor management

Invoice tracking, payment follow-up and debtor-ageing reports to protect your cash flow.

05 — Payroll

Consultant & contractor payroll

Payroll for salaried consultants, contractor invoicing management and associate payment runs.

06 — BAS & GST

BAS, GST & quarterly reporting

Correct GST on all service fees and quarterly BAS lodgement with the ATO.

Why Numerix

Why professional firms choose us

Specialists who connect your time-tracking to your books — so unbilled WIP is captured and every engagement's margin is clear.

Time-tracking integrations

Harvest, Toggl, WorkflowMax and more, connected cleanly.

Accurate WIP & revenue

Correct recognition from day one.

Project profitability

Monthly per-engagement reporting.

Proactive debtor management

Fewer overdue payments, healthier cash flow.

Transparent pricing

Fixed monthly fees with no lock-in contracts.

Solo to multi-partner

We scale support to your firm's size.

How we work

Our process

A simple, transparent path from first call to ongoing support — with proactive advice at every step.

1

Free review

A 30-minute consult to review your billing and WIP setup.

2

Connect & setup

We integrate time-tracking and structure engagement reporting.

3

Ongoing books

Reconciliation, payroll, AR and BAS handled on schedule.

4

Margins & growth

Monthly per-engagement profitability to guide pricing.

Consulting accounting in Sydney

Accountants who understand professional services

Numerix Accounting provides accounting and bookkeeping for consulting and professional-services firms across Sydney and greater NSW — from the CBD and Parramatta to Strathfield, Bankstown, Liverpool, Casula and Fairfield. We understand billable hours, unbilled WIP, revenue recognition and the debtor cycles that define professional services.

Capture every billable hour

Untracked work-in-progress means delivering work you may never bill. We reconcile your WIP register to your time-tracking system every month and apply the right revenue recognition policy, so your P&L reflects revenue you've truly earned.

Know the margin on every engagement

We report a monthly P&L per client engagement — revenue, consultant time, expenses and overhead — so you can see exactly which clients and projects make money and which quietly erode it.

One team for the whole firm

Your books connect to the rest of your finances — accounting, tax, cash flow forecasting and Virtual CFO support when you're ready to scale.

Software we use
Numerix accounting software and certification partner logos Numerix professional accreditation and app partner logos Numerix cloud accounting and finance app logos
What our clients say

Leaving the numbers to us, so they
can focus on their clients.

Numerix Accounting Google reviews
“

The team helped me set up my marketing business and offered bookkeeping solutions that suit our needs.

Erwan N · Director
“

Eliyah at Numerix is very organised and works well with us on our bookkeeping.

Lucas Tron · Marketing
“

I needed a bookkeeper and accountant, spoke to Igor, and was extremely happy with the service.

Stephanie K · Marketing
“

After being let down elsewhere, I'm so glad I found Numerix — time saved, problems resolved, a pleasure to deal with.

Azoog L · Manager
Questions

Consulting accounting FAQs

Answers for Sydney consultants and professional firms. Still not sure? Call us on 1300 595 155.

What is unbilled WIP, and why does it matter?

Work-in-progress (WIP) is the time and expenses your team has incurred on an engagement but not yet invoiced. Untracked WIP means you're delivering work you may never bill for. We reconcile your WIP register to your time-tracking system monthly, so nothing slips through.

Can you integrate with our time-tracking software?

Yes — we integrate with Harvest, Toggl, WorkflowMax, Xero Projects and most professional-services time-tracking platforms. Billable hours flow directly into your invoicing and accounting system.

How do you handle contractor invoices versus employee payroll?

We process contractor invoices through accounts payable and manage employed consultant payroll separately, ensuring correct withholding, superannuation and STP compliance for each engagement type.

Can you report profitability per client engagement?

Yes. We produce a monthly P&L per engagement showing revenue, direct costs and contribution margin, so you know the true margin on every project.

How much does consulting bookkeeping cost?

We offer transparent, fixed monthly pricing with no lock-in contracts. The best next step is a free 30-minute review — we'll assess your setup and give you clear pricing.

Ready when you are

Get your consulting books in order.

Book a free 30-minute consultation and we'll review your current setup to identify gaps, risks and opportunities — then show you exactly how we'll capture your WIP, sharpen engagement margins and protect cash flow.

Book my free consultation Or call 1300 595 155