Bookkeeping for Law Firms, Trusted and Expert

Selecting law firm accounting software in Canada is about more than balancing the books—it’s about compliance, control, and efficiency. Local adoption trends highlight how different provinces and cities prioritize compliance, tax handling, or integration features when selecting law firm accounting software in Canada. We provide personalized, outsourced bookkeeping services that feel like an extension of your team. We offer expert-led, done-for-you bookkeeping built specifically for attorneys and law firms. Patrick de Sousa is a professional in every aspect of the bookkeeping services he offers to his customers.

• Our bookkeepers have the expertise to handle legal accounting software including Cosmolex, Leap, Ghost Practice, PCLaw accounting support in Canada.
• We reconcile trust accounts, fix historical errors, rebuild your chart of accounts, and ensure Law Society compliance from day one.
• Reconciling the owner’s compensation involves comparing the financial records of the law firm with the owner’s individual financial records.
• Yes, we are fully equipped to support law firms with multiple partners, practice areas, or office locations.

Family Office Services

This assessment will establish a solid groundwork for evaluating potential solutions. Bookkeeping Services in Ottawa will help you to improve cash flow, accounts receivable and payable management. As most of the bookkeeping tasks will be outsourced, you can just focus all your attention on the core of your business, such as sending invoices to your customers for the services provided and following up on payments. As a result, Bookkeeping Services in Ottawa will help you to increase your cash inflows which is vital for the success of any business. We make sure that the financial records of your law firm remain in accordance with.

Accounting

Regularly reconciling owner’s compensation ensures that law firms law firm bookkeeping accurately track and report the amounts owners receive from the firm. By conducting periodic reconciliations, law firms can identify any discrepancies and rectify them promptly. Law firms should define a consistent process for recording owners’ pay and drawings.

Cleaning Businesses

Which means there are new functions that require a specific skill set. Law firms are currently starting to feel the significant changes in technology which has resulted in a strong demand for bookkeepers with advanced skill-sets. We would not hesitate to recommend Accounting for Law to our fellow lawyers and firms. Ron Allen CPA Professional Corporation helps organizations create sustainable business value and manage risk by optimizing their financial and operational structures. Crystal Books provides a full range of bookkeeping services to businesses across Canada.

Our comprehensive bookkeeping service is tailored to the unique needs of law firms. Depending on your service level, it may include client or matter profitability analysis. Unlike general businesses, Canadian law firms must navigate strict trust accounting rules, unique billing models, and specific tax compliance requirements. Choosing the right legal accounting software that Canadian firms can rely on is critical.

I highly recommend SOPA Consulting to anyone in need of a good book keeper. Get a quick call with an expert to discuss custom solutions for your business. If you miss the tax filing deadline and owe taxes, you may face penalties and interest charges on the amount owing.

• Efficiently track expenses, income, and taxes with our specialized support for law practices to understand how to improve cash flow.
• We support CosmoLex, PCLaw, QuickBooks, and other legal accounting software to streamline your bookkeeping.
• With over two decades of industry leadership, LedgersOnline has delivered personalized online bookkeeping and accounting services to businesses in Ottawa since 2002.
• We also have a cloud platform we use to keep track of accounts digitally.
• They have a keen attention to detail, a solid understanding of the LSO rules and requirements imposed on lawyers and are timely in their responses.
• This means we understand the intricacies of trust accounting, legal billing practices, and regulatory compliance.

With our help, you can spend less time on payroll and more time on your clients. Entrust your Bookkeeping tasks to us so you can focus on what you do best — your legal practice. I was recently the subject of a routine Law Society of Ontario spot audit.