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Accountants for Professional Services Firms in Ireland
In a professional firm, your stock is time — and the numbers that matter are work in progress, unbilled fees, utilisation and profit by client. KPG Accounting Services Limited helps Irish professional practices turn timesheets and retainers into clear reporting and reliable cash flow.
Understanding the sector
Professional-services firms sell time and expertise, so performance hides in work in progress, unbilled revenue and how well the team is utilised. Retainers and recurring fees smooth income, but debtor days, partner drawings and profitability by client or service line often go unmeasured — which makes pricing and hiring decisions harder than they should be.
Common challenges
WIP & unbilled revenue
Time worked but not yet billed, distorting the real picture of performance.
Utilisation & recovery
Knowing how much chargeable time actually converts to fees.
Profit by client or service line
Seeing which clients and services genuinely pay.
Debtors & partner drawings
Managing cash between slow-paying clients and partner or director remuneration.
Every one of these problems disappears the moment bookkeeping is handled properly, in the cloud, by a team that does it every day. That’s what we offer.
How KPG Accounting Services Limited Can Help
Management accounts
Reporting on WIP, recovery and profit by client or service line.
Bookkeeping & Xero
Clean records that link to how you bill.
VAT & tax
Returns and compliance for the firm and its principals.
Payroll
Staff payroll and Revenue submissions.
Cash-flow forecasting
Planning around retainers, billing cycles and drawings.
Partner/director remuneration
Efficient profit extraction planning.
Who we work with
Solicitors and legal firms, architects and design practices, marketing and creative agencies, HR and recruitment consultancies, financial-services businesses and other fee-based advisory firms.
Practical benefits
- Clear view of WIP, unbilled fees and recovery.
- Profitability by client and service line, to guide pricing.
- Stronger cash flow through better debtor and billing insight.
- Reliable payroll and VAT compliance.
- Efficient partner or director remuneration.
- Timely management information for confident decisions
Why Choose KPG Accounting Services Ltd
We understand fee-based firms
WIP, utilisation and recovery are familiar ground.
Commercially focused
We help you price and staff profitably.
Joined up
Bookkeeping, reporting, tax and advisory in one team.
Digitally enabled
Xero and connected apps for live numbers.
Responsive
A named contact who knows your firm.
FREQUENTLY ASKED QUESTIONS
Can you report on profitability by client or service line?
Yes. With the right bookkeeping and coding, our management accounts show income and margin by client, matter or service line, so you can see what’s genuinely profitable and price accordingly. See our Management Accounts page.
How do you handle work in progress and unbilled fees?
We help you record WIP and unbilled time so your accounts reflect real performance, not just what’s been invoiced. That gives a truer profit picture and supports better billing decisions. The right approach depends on how you bill, so we’ll set it up around your firm. See our Management Accounts page.
Can you help improve our cash flow and debtor days?
Yes. We build reporting and forecasts around your billing cycles and retainers, and highlight slow-paying clients, so you can tighten collections and plan drawings. See our Business Advisory page or get in touch.
Do you advise on partner or director remuneration?
Yes. We help plan how partners or directors draw profit efficiently, considering salary, pensions and timing. The right mix depends on your circumstances, so we’ll review it with you. See our Business Advisory page.
Turn time into clear numbers.
KPG Accounting Services Limited helps Irish professional firms see WIP, recovery and profit by client — and act on it