Service Businesses
Accounting for service businesses
Profit clarity for the work you actually do. Agencies, consultants, and professional firms — we turn project and client activity into clean, useful numbers.
The challenge
Where it gets hard
These are the places generic bookkeeping breaks down for service businesses — and exactly what we account for.
- Project and client profitability you can't see
- Accounts receivable and payable piling up
- Contractor payments and year-end 1099s
- Irregular cash flow and owner compensation
Our approach
What we do about it
Specialist bookkeeping built for your business, with human review of AI-assisted work and CPA review of bookkeeping transactions.
- Job- and client-level profitability reporting
- Accounts receivable / payable kept current
- Contractor tracking and 1099 preparation
- Cash-flow clarity and owner-comp guidance
FAQ
Service Businesses accounting, answered
The questions we hear most about service businesses books — answered straight.
Yes. Job- and client-level profitability reporting, so you can see which work actually makes money instead of one blended company total.
Yes. We track contractor payments through the year and prepare and file year-end 1099-NEC forms, so January is a quick export rather than a scramble.
Yes. We keep accounts receivable and payable current, give you cash-flow clarity, and offer owner-compensation guidance for businesses with lumpy revenue.
Specialties
Other industries we serve
- MCA accountingMerchant cash advance books. Every deal accounted for.
- ConstructionJob costing that shows which jobs actually made money.
- Real EstateBooks that keep up with every property and entity.
- eCommerceSales, fees, and inventory — reconciled to the cent.
- Retail & RestaurantsHigh-volume transactions, daily-clean books.
- Personal BooksPersonal books and taxes, handled with care.
Books you don't have to think about.
Get a free books review. We'll tell you honestly where things stand and give you a flat monthly quote — no pressure.
A little holiday cheer from I&S Accounting.
For our printable pricing guide: iandsaccountingsvcs.com/pricing