Accounting & Bookkeeping KBLI 69101

Professional Services Bookkeeping

Professional firms need bookkeeping capable of capturing billable hours, WIP, and long billing cycles. Without neat recording, revenue recognition and cash flow easily miss targets. Arunika Consulting helps professional offices organize bookkeeping so project-based fees and retainers are clearly recorded.

Tax Rate

22%

PPH TARIF-UMUM

Risk Level

Low

Typical Turnover

IDR 1 Billion - 50 Billion per year

Common Challenges

Inconsistent Time Billing

Work hours per consultant are often not documented neatly, leading to inaccurate billing.

Hard to Measure Service WIP

Work running without progress recording causes delayed revenue.

Piling Fee Receivables

Staggered billing creates unmonitored service receivables.

Our Solutions

1

Integrated Time Tracking

Implementation of timesheet systems for every project and consultant.

  • Accurate billing
  • Measured utilization
  • Cost control
2

Project Accounting

Project-based bookkeeping to see margins per engagement.

  • Clear project profit
  • More precise pricing
  • Fast team evaluation
3

Fee Receivable Monitoring

Creation of service receivable dashboards for faster collection.

  • Smooth cash flow
  • Controlled receivables
  • Lower default risk

Related Tax Regulations

PSAK 23

Revenue

Service-based revenue recognition, including retainer and success fee.

PSAK 73

Leases

Recognition of office rent expense and supporting service contracts.

SAK EMKM

SME Accounting Standards

Simplified reporting framework for small-scale service firms.

Need Help with Professional Services Bookkeeping?

Consult your bookkeeping and tax needs with our professional team. Free initial consultation.

Free Consultation via WhatsApp

Frequently Asked Questions

What is professional service WIP?

WIP is work that is ongoing but not yet billed. Recorded as an asset until the invoice is issued.

How to determine data-based service rates?

We help calculate hourly costs and target margins so rates align with workload.

How do accounting services improve operating cost efficiency?

Accurate, timely financial reports help you spot cost leakage, monitor margins by product or service, and make data-based decisions.

Can financial reports be accessed in real time?

Yes. We use cloud accounting systems so you can monitor cash flow, profit and loss, and business performance from anywhere.

How do you ensure reports are ready for external audits or banks?

Reports are prepared by qualified accounting professionals with clear documentation and traceable transaction data.