Outsourced Law Firm Accounting

Keep your accounting records up to date and ace the financial regulatory game

Accounting for a law firm differs significantly from accounting for other business types in several fundamental ways. The specialised accounting procedures required for law firms encompass tracking expended time, resources, and billable hours for each client. Moreover, law firms must cultivate strong client relationships, as clients often hold high expectations regarding communication and transparency. Successfully addressing the distinctive challenges encountered by an accounting department within a legal practice demands specialised industry knowledge and a deep understanding of its regulatory framework. Our proficient team of tax and accounting professionals specialises in providing tailored tax and accounting services for law firms and lawyers. We offer a comprehensive array of accounting and advisory services catering to established firms, business start-ups, as well as mergers and acquisitions.

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Access the financial expertise to make your business a financial success

Our services as outsourced CFOs encompass a thorough review of your company's accounting processes, the optimisation of accounting systems to enhance cash flow management, and the implementation of tax planning strategies aimed at minimising your law firm's tax obligations.

Invoicing

Keep a track on your billings, charges, payment transactions to ensure transparency.

Revenue Recognition

Get clear picture about your financial position by recognising revenue in line with accounting standards

Cash Flow Management

Predict cash flows in advance based on financial insights and strategy.

Accounts Reconciliation

Reconciliation of client billing and accounting systems and comparing collections with bank statements.

Management Accounts & Reports

Impress your senior management with insightful and precise strategic reports.

Payroll Processing

Accurate payroll support service that complements your business operations.

Benefits

Tailored financial services to meet all your needs

Streamlined and clear accounting processes

Precise procure to pay and order to cash services

Expertise as per your industry with professional accountants

Automation-centric approach to drive process transformations

Customer-mediated project objectives and outcomes

Technology Agnostic

Our technology-agnostic approach distinguishes us with unmatched adaptability, agility, and reliability. Having worked with all major bookkeeping, payroll, tax, and BAS software, we don’t play favourites when delivering top-notch services. If your preferred software isn’t listed, there’s no need to worry. Our certified professionals effortlessly integrate with your chosen tools, offering you strategic advantages, much-needed flexibility, and unwavering reliability.