Consulting

Accounting and Financial Services for Consulting Firms

Consulting firms thrive on delivering expert advice and solutions, but managing finances—from tracking billable hours to handling client expenses—can be complex. At Alajian Group, we specialize in providing accounting and financial services tailored to the unique needs of consulting firms. We help you stay organized, compliant, and focused on delivering value to your clients.

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Consulting Industry Financial Challenges We Solve:

Billable Hours Tracking:
Accurately tracking and invoicing client hours.
Expense Management:
Managing client-related expenses and reimbursements.
Cash Flow Optimization:
Ensuring steady cash flow with irregular income streams.
Tax Compliance:
Navigating tax regulations for consulting businesses.
Financial Reporting:
Generating detailed reports for profitability analysis.
Payroll and Contractor Payments:
Handling payroll for employees and freelancers.

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Our Services for Consulting Firms:

Consulting-Specific Accounting and Bookkeeping:

Tracking billable hours, client invoices, and payments.
Managing client-related expenses and reimbursements.

Financial Reporting and Analysis:

Customized profit and loss statements for consulting projects.
Profitability analysis by client, project, or consultant.

Tax Planning and Preparation:

Maximizing deductions for business expenses, travel, and home office use.
Preparing and filing federal, state, and local tax returns.

Payroll and Contractor Management:

Handling payroll for employees and freelancers.
Issuing 1099 forms for independent contractors.

Cash Flow Management:

Forecasting cash flow to ensure financial stability.
Strategies to manage irregular income streams.

Technology Integration:

Setting up and optimizing accounting software (e.g., QuickBooks, Xero).
Integrating with time-tracking and invoicing tools (e.g., TSheets, FreshBooks).

Why Choose Alajian Group for Your Consulting Firm?

Tech Industry Expertise:

We understand the unique financial needs of consulting businesses.

Tailored Solutions:

Services designed to fit your specific workflows and client base.

Advanced Technology:

Leveraging the latest tools to streamline your financial processes.

Proven Results:

Trusted by consulting firms to improve financial efficiency and compliance.

Alajian Group has been excellent from day one! Armine and her team’s work has transformed our business and provided us with the clean accounting structure and data we needed to expand and grow tremendously
Yaakov Rosenbaum CEO, Milspec Retail
Having worked with Armine for just 6 months, I can honestly say that she has helped me sleep better at night. I used to dread anything tax-related, but now that we are organized, I am able to solely focus my energies on running a profitable business.
Brian Christopher CEO Brian Christopher Slots
Alajian Group has been excellent from day one! Armine and her team’s work has transformed our business and provided us with the clean accounting structure and data we needed to expand and grow tremendously
Robert Khachatryan Founder, Freight Right Global Logistics