dots

Accounting and Bookkeeping Services for Lawyers and Attorney

Your trusted advisor for all your accounting and bookkeeping needs! Offering First Month of Bookkeeping for FREE!

or Call 1800 583 0148

dots

dots

You Handle Your Business. We'll Handle Your Books. Remote Books Online: Bookkeeping Services You Need

  • We quickly and easily help you get your books up-to-date and ready for taxes, loans, or other transactions, for a clear picture of your business’s financial situation
  • Our convenient, online bookkeeping services start as low as $95 a month and are provided by Certified QuickBooks ProAdvisors and Xero-Certified Advisors
  • We include accounting software and automated and secure encrypted monthly bank statement downloads
  • We have your needs covered with back bookkeeping, real-time bookkeeping, payroll, and full- or part-time bookkeepers, so you can get back to doing what you do best
  • We'll reconcile one month of your books for free, so you’ll see exactly how we remove your bookkeeping stress and frustration


Best Accounting and Bookkeeping Software for Lawyers and Attorney

We support you with QuickBooks and Xero accounting and small business bookkeeping software programs

Quickbooks logo appears on the left side.

Quickbooks is the accounting software package developed by Intuit and geared towards small and medium-sized businesses.

Xero logo appears on the right side.

Xero is a cloud-based accounting software platform for small and medium-sized businesses.


Enhance Your Legal Financial Management: Professional Bookkeeping Services for Lawyers and Attorneys

Legal professionals, like yourself, deal with complex case, clients, and legal matters on a daily basis. Among the working of your profession, managing your finances effectively is essential for sustaining a successful practice. That’s where bookkeeping comes in. Bookkeeping for lawyers and attorney is the systematic recording, organization, and tracking of your financial transactions, and it plays a crucial role in ensuring the financial health of your law practice. From tracking income and expenses to managing trust accounts and handling taxes, proper bookkeeping is your key to financial clarity and compliance.

In the legal profession, where attention to detail and precision are paramount, the importance of accurate bookkeeping cannot be overstated. Your clients trust you to navigate complex legal matters on their behalf, and they expect the same level of diligence when it comes to managing their financial affairs. Bookkeeping for lawyers and attorneys, whether you’re solo practitioner, a partner in law firm, or managing a legal department, the principle of financial management apply universally. However, the unique side of leg.

Online Bookkeeping Services for Lawyers and Attorneys

Online bookkeeping services for lawyers and attorneys are becoming increasingly popular with the growth of legal practices.

Online bookkeeping services offer a number of benefits to lawyers and attorneys. Online bookkeeping for lawyers and attorneys allow these professionals to work on their own schedule, they can have access to the software at any time, and they can use it from anywhere. Lawyers and attorneys also do not need to worry about office space or location for their bookkeeping professional, as everything is done remotely.

These online bookkeeping services are revolutionizing the legal industry by providing better service at a lower price point than traditional firms.

White Label Bookkeeping Services for Lawyers and Attorneys

White label bookkeeping services for lawyers and attorneys are changing the way these professionals handle their financial needs.

White label bookkeeping services provide legal firms with an opportunity to outsource their bookkeeping operations, without the risk of losing control of their own data. This will allow them to focus on what they do best - practicing law.

These services also provide a platform where lawyers can manage all of their finances from one place, which will eliminate the need to go through files manually.


How Our Bookkeeping Services for Lawyers and Attorneys Works

When it comes to managing the financial intricacies of your law practice, having a partner who comprehends the unique demands of the legal profession is crucial. At Remote Books Online, we specialize in providing law firm bookkeeping and accounting services that cater specifically to lawyers and attorneys. Here's a detailed breakdown of our service process, includes:

Initial Consultation

Our journey together begins with an initial consultation where we gain insight into your precise financial requirements and objectives. Whether you're a solo practitioner, part of a law firm, or overseeing a legal department, we craft our services to align perfectly with your goals.

Customized Solutions

Our seasoned professionals will develop a customized bookkeeping and accounting plan tailored exclusively for your legal practice. This plan encompasses a broad spectrum, from meticulously managing accounting records to performing thorough bank reconciliations, ensuring comprehensive financial oversight.

Ongoing Support

Our dedication to your financial well-being extends well beyond the initial setup. We are here to provide continuous support, address any concerns you may have, and adapt our services to accommodate your evolving needs. We can help you identify and implement the best accounting software for small law firms to enhancing your efficiency and accuracy.

White Label Bookkeeping Services

For law firms and legal departments seeking a seamless financial solution that preserves your unique brand identity, our white-label accounting services offer the ideal solution. We operate discreetly behind the scenes, representing your brand to deliver a unified client experience.

Regular Compliance and Reporting

Our services encompass stringent compliance checks to guarantee that your practice adheres rigorously to all legal and ethical financial regulations. Additionally, we provide regular, detailed financial reports, providing transparency and instilling confidence in your financial management.

Efficient Financial Data Management

Leveraging state-of-the-art accounting software, we streamline the management of your accounting records. This ensures that your financial data is always up-to-date and readily accessible, granting you real-time insights into your financial health.


Bookkeeping Solutions for your Law Firm

It's important to have a bookkeeping system for your legal practice that can expand along with it and manage the growing amount of data. Bookkeeping software solutions for lawyers and attorneys can help with cost-saving, productivity-boosting, and transaction tracking.

Bookkeeping duties for law firms

The operations of any law practice must include accounting. Since it is the foundation of the company, it must be carried out properly in order for it to continue operating. The process of documenting, categorizing, and summarizing financial transactions will be included in bookkeeping for law firm. It also entails creating regular reports on the financial standing of a business or other entity for management purposes. In general, bookkeepers for legal firms are in charge of supervising duties including bill-paying, tax preparation, maintaining financial records, and producing reports in accordance with predetermined guidelines.

Bookkeeping duties for attorneys

Bookkeeping for lawyers and attorneys is a record-keeping practice that involves tracking all financial transactions, such as income and expenses, to manage the flow of money. However, bookkeeping is not just about recording transactions. It's also about knowing what the key indicators are for an organization and having a good understanding of how they work together. The bookkeeper should be able to identify the best practices for an organization so they can make any necessary changes to improve performance and efficiency.


You focus on law - we’ll handle your financial books

At Remote Books Online, we understand that your dedication to the practice of law is your top priority. Your clients rely on your expertise, and you can rely on us to handle the financial intricacies of your legal practice. Our specialized bookkeeping services for lawyers, coupled with the best accounting and bookkeeping software for lawyers, provide a comprehensive solution tailored to your needs. With our outsourced bookkeeping services, you can reclaim valuable time and energy that can be better spent on legal matters. We take care of the financial details, allowing you to focus on what you do best—delivering exceptional legal services. Our commitment to providing lawyer's bookkeeping services goes beyond just numbers; it's about empowering you with financial clarity and compliance. With our support, you can achieve excellence both in the courtroom and in managing your finances.


Frequently Asked Questions

When should I hire an Outsourced Bookkeeper for Lawyers and Attorney?

You should consider hiring an outsourced bookkeeper for lawyers and attorneys when you find it challenging to manage the increasing financial complexities, or when bookkeeping tasks start taking away valuable time from core legal work. Outsourcing bookkeeping services ensures accurate financial records, efficient management of expenses, and compliance with tax regulations. This allows lawyers and attorneys to focus on providing legal services, optimizing client relationships, and making strategic decisions while leaving the financial aspects to skilled professionals.

Why Do Lawyers and Attorney Need Bookkeeping?

Lawyers and attorneys need bookkeeping to maintain accurate financial records of their legal practice. Bookkeeping helps them track income from legal services and expenses, manage client billing and payments, prepare for tax obligations, and comply with financial regulations. It also provides insights into their business's financial health and profitability, facilitating informed decision-making.

How does Bookkeeping help Lawyers and Attorney in Decision-Making?

Bookkeeping helps lawyers and attorneys in decision-making by providing accurate financial data. It allows them to track income from legal services and expenses, analyze profitability, and assess the financial health of their practice. With this information, lawyers can make informed decisions about pricing, cost management, and resource allocation. Bookkeeping also aids in tax planning and compliance, ensuring financial transparency and facilitating better strategic decision-making for the success of their legal practice.

What are the Advantages of Hiring Bookkeeping Services for Lawyers and Attorney?

Hiring bookkeeping services provides several advantages for lawyers and attorneys. It ensures accurate financial record-keeping, compliance with accounting regulations, and timely tax filings. Bookkeepers can efficiently manage client billing, track expenses, and handle trust account transactions. By outsourcing bookkeeping, lawyers and attorneys can focus on their legal practice, improve financial management, and reduce administrative burdens for a more successful and streamlined legal business.

How to do Bookkeeping for a Lawyers and Attorney?

To handle bookkeeping for lawyers and attorneys, follow these guidelines. Create a separate business bank account to keep personal and business finances apart. Record all income generated from legal services and other sources. Track expenses like office rent, utilities, professional dues, and legal research materials. Streamline transaction management with accounting software like QuickBooks or specialized legal accounting software. Regularly reconcile bank statements for accuracy. Maintain detailed records of billable hours and client expenses. Evaluate the business's financial performance by generating reports such as profit and loss statements.

dots

dots

Accounting for Lawyers and Attorneys

Delivering a "great accounting" verdict

Whether a large or small law firm, the ability to stay compliant is essential to both success and survival as a law firm. Lawyers are known to be extremely susceptible to compliance issues having to deal with their accounting, mainly because they are lawyers, not accountants.

Legal practices should preferably employ the use of legal accounting software as opposed to general purpose accounting software. Firms that utilize general purpose accounting software will not be able to easily remain compliant while using an out of the box software solution made for general accounting. The software must also have customized reports that meet both management needs.

Law firms use retainers to secure cash flow from clients. Even though funds may be in the firm's possession, they do not belong to the firm until they have been earned. Firms also handle personal injury settlements that belong to the client. At any given time a firm will have multiple clients with multiple trust ledgers, it is extremely important that these trust funds are not commingled with one another and are not used to pay the law firm's expenses. It is mandatory that all trust accounts are reconciled on a monthly basis, and in the event of an audit this is the first thing the auditor will look for.

For this reason all law firm

Hire an Accountant

Keep the firm's expenses in mind. With all that goes into client billing, it's easy for a law firm to forget about it's own expenses. Law firms incur costs associated with the office lease, payroll, electricity, phone, internet, and much more.

By having a good understanding of the overhead costs associated with running a firm, better insight can be gained into how much clients should be billed. It is also extremely important to differentiate between direct and indirect matter costs. This is because reimbursement for indirect matter costs requires a different accounting treatment than reimbursement for direct matter costs.

Remote Services

Remote bookkeeping service is ideal for lawyers who have low volume of transactions. It is also perfect for lawyers who do their own bookkeeping but require professional help for only certain critical tasks such as bank reconciliation or GST/HST filing. Some lawyers prefer remote service because they do not have extra office space for a bookkeeper.

Because the bookkeeper is not physically present in your office, remote service saves you valuable office space. There is no need to make appointment to have any bookkeeper to come in your office. It is a quick and flexible way to get your book timely updated by a professional.

Remote accounting services also save you money. You only pay for the actual time working on your file.

Remote Books Online.com offers you the luxury of focusing on your business instead of your bookkeeping flat, affordable monthly rates are available as low as $95/Month with a team of experienced Certified QuickBooks Pro Advisors to help you set your books on track.

Our bookkeeping services center on the compliance with the Law Society's record keeping requirements in By-Law 9 and include:

  • Reconciling your trust accounts and general accounts
  • Preparing reports required by the Law Society
  • Filing GST/HST returns
  • Time billing and accounts receivable
  • Recording disbursements and expenses
  • Payroll
  • General ledger
  • Setup, support, and consultation for PCLaw, Clio, and uLaw; and other services
  • Accounting for Lawyers and Attorneys
  • Bookkeeping for Lawyers and Law Businesses
  • CPA for Lawyers and Law Businesses
  • QuickBooks for Lawyers and Law Businesses
  • Full Service Accounting for Lawyers and Law Businesses

LEARN MORE

dots

dots

Outsourcing Bookkeeping Services for Lawyers and Attorney

What does it do for you?

As a business owner you are more efficient in making business decisions when you have access to your P&L and financial statements (AR’s and AP’s) in real-time. Our certified QuickBooks Pro advisors will make sure you have this information in the palm of your hand and kept up to date in Realtime.

We all know that Bookkeeping is tedious work, and as a business owner it takes you away from more important things in your business. Let our QuickBooks Pro Advisors handle your books, so you can focus on growing your business.

Outsourcing Bookkeeping Services for Lawyers and Attorney

or Call 1800 583 0148


Bookkeeping Services Price List For Small Business

Choose from three affordable and flexible options. We work with you to customize bookkeeping solutions based on your specific business needs and budget. All of our plans come with a dedicated, certified bookkeeper.

Beginner
$95
/month
Tailored to suit Startups & Micro Businesses (includes accounting software subscription fee)
Intermediate
$150
/month
One checking account (includes accounting software subscription fee) – Unlimited Transactions
ENTERPRISE
$175
/month
Two to nine bank accounts – Unlimited Transactions ($175 to $350 includes accounting software subscription fee) OR Expenses up to 10k without any limitation on the number of accounts or transactions

Get started with Remote Books Online today.

Try us out for free!

Remote Books Online will enter all transactions, make all necessary journal entries, and reconcile one month of your books for free. Remote Books Online looks for long term relationships, so this gives you a way to evaluate our bookkeeping service.

accountant or bookkeeper

Speak with an agent to get a quote and setup an appointment with a Certified QuickBooks Pro Advisor to go over your books.

1800 583 0148

Bookkeeping checked off your list

Now that bookkeeping is off your mind, what will you focus on next? You have a business to run! Business is difficult enough but no longer has to be with Remote Books Online on your side.

  • No late nights of data entry and other tedious bookkeeping work.
  • No spending time and money training employees on bookkeeping.
  • Books are always current and accurate.
  • More time available to focus on your core business.

{{Quote.CallbackNumberError}}

Here’s What People Say About Our Online Bookkeeping Services

Giving our clients the financial support they need to succeed in their business is our only business.

Get Your First Month of Bookkeeping Services for FREE!