IT Consulting Accounting
IT consulting firms manage projects with T&M, fixed price, or managed services models. Arunika Consulting helps IT consulting firms prepare books reflecting professional services business reality.
Compliance Warning
This industry is considered high risk and may receive closer attention from tax authorities. Professional tax consultation is strongly recommended.
Common Challenges
T&M vs Fixed Price
T&M recognized as worked, fixed price with PoC.
Project WIP
Costs incurred but not yet billed.
Resource Utilization
Billable hours key KPI.
Our Solutions
Project Accounting
Per-project revenue with milestone tracking.
- Accurate
Resource Costing
Consultant cost allocation to projects.
- Profitability
Related Tax Regulations
PSAK 72
Revenue
T&M and fixed price consulting revenue
PSAK 19
Intangibles
Client-developed software capitalization
PSAK 57
Provisions
Delivered solution warranty
Need Help with IT Consulting Accounting?
Consult your bookkeeping and tax needs with our professional team. Free initial consultation.
Free Consultation via WhatsAppIT Consulting Accounting Consulting Services Across Indonesia
We support clients in major Indonesian cities. Find a location-specific service page for your area.
Bali
Banten
Daerah Istimewa Yogyakarta
Jawa Tengah
Jawa Timur
Kalimantan Barat
Kalimantan Selatan
Kalimantan Timur
Kepulauan Riau
Riau
Sulawesi Selatan
Sulawesi Tengah
Sulawesi Tenggara
Sulawesi Utara
Sumatera Utara
Sumatra Selatan
Frequently Asked Questions
How is T&M contract revenue recognized?
Revenue = actual hours × rate. Dr. Unbilled WIP, Cr. Revenue. At invoice: Dr. AR, Cr. Unbilled WIP.
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.
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