Accounting Services for Professional Services Firms
From complex billing and WIP tracking to partner compensation and profitability, we help service-based firms stay in control of their finances.
If your business runs on people, time, and expertise, your accounting should reflect that. Whether you’re managing client retainers, tracking work-in-progress, or reconciling partner distributions, your numbers need to be more than accurate, they need to be actionable.
Vistance Accounting specializes in helping professional service firms build financial systems that match the way they actually work.
“We’re busy with client work, but the numbers don’t make sense.”
You’re delivering value every day. But tracking billable hours, managing retainers, and understanding real profitability can be hard without the right systems.
We help you organize your financials so you can see where your revenue is coming from, how much is still in progress, and what each partner is owed, all without losing time to spreadsheets.
Who We Work With
We work with growing professional services firms that need structure, clarity, and reliable financial insights. Our clients range from boutique consultancies to multi-partner firms across Canada.
If your revenue is rising but your financial visibility is flat, we can help.
What You Get with Our Services for Professional Firms
We support accountants, consultants, designers, architects, engineers, and other service-based firms with accounting built around people and projects, not just transactions.
You’ll get:
- Billing structure and invoice process setup.
- Work-in-progress (WIP) tracking and reporting.
- Partner revenue sharing and distribution support.
- Budget vs. actual project reporting.
- Cash flow forecasting and planning.
- HST, GST, and corporate tax compliance.
Why Professional Firms Trust Vistance
We understand that service firms rely on reputation, retention, and results — and that your accounting should support those goals.
We organize billing and receivables.
Your clients are billed accurately and consistently, with full visibility on outstanding payments.
We track WIP to reflect earned value.
We ensure work in progress is reflected on your financials so you can plan ahead with clarity.
We simplify partner distributions.
Profit shares are tracked and distributed correctly, without guesswork or disputes.
We keep you compliant and current.
From tax filings to payroll, we help you meet every obligation on time.
We scale with your practice.
As you add clients, staff, or partners, we evolve your systems to match your growth.
Let’s Talk
If your firm is growing and your accounting is falling behind, now is the time to upgrade your financial systems.
Frequently Asked Questions
Have more questions? Here are some frequently asked questions SaaS business owners ask us.
Do you handle WIP and project-based revenue?
Yes. We track earned value so you can accurately reflect work that’s in progress but not yet invoiced.
Can you manage partner distributions and profit sharing?
Absolutely. We set up clear tracking for draws, distributions, and capital accounts.
Do you help with billing and receivables?
Yes. We help you standardize your billing process and monitor outstanding balances.
Do you support multiple service lines or departments?
We do. We tailor reporting to show department-level performance or service-specific results.
Can you file our HST and corporate taxes?
Yes. We handle compliance, filings, and planning to reduce tax surprises and missed deadlines.
How do we get started?
Book a consultation. We’ll assess your current setup, identify gaps, and outline a plan to bring clarity and control to your financials.
