Running a law firm or a solo practice is not easy. You’ve got to market your practice, develop client relationships, manage your office and staff. And then you have to maintain needed technology, as well as invoicing and a host of other bookkeeping tasks. And at some point, you need to find the time to work on your cases. Afterall, that is why you started your practice in the first place. Who has time for keeping the books for a law firm? Try our virtual bookkeeping services for law firms.
You didn’t go into the field of law to become a business owner. Instead, you wanted to put your legal expertise into practice. That is, If you’re anything like most of the attorneys we work with. Nonetheless, you’re in business, and you’re undoubtedly faced with the same challenges that every business has to deal with. Handling all aspects of management of your business is not all that much fun. It’s certainly time-consuming, and takes you away from working on your caseload.
Smaller law firms often require the services of outside or virtual bookkeepers and accountants. Finding an accounting firm that is experienced in working with all types of businesses in the legal industry is an important feat. You will want to select a firm that can help minimize your tax burden and improve profitability. Business & Financial Solutions is such a company, and we can also provide training on QuickBooks accounting software and will review your files on a regular basis for accuracy. We will consolidate and reconcile the information from your case management, and time and billing software to your accounting software.
Business & Financial Solutions will explain new tax regulations and their implications on your law firm, provide assistance with mergers and acquisitions and put together a comprehensive budget plan to keep you on track. We provide law firms and sole proprietors with accounting, tax and financial management services.
BFS also offers full-service bookkeeping and accounting. Our full-service bookkeeping solutions allow you to turn over all of your time-consuming back office bookkeeping tasks to us. We will act as your internal accounting department, freeing you from the tedium of day-to-day bookkeeping responsibilities and allowing you to get back to what you enjoy most: managing your business. Rely on our experienced professionals for journal entries, bank reconciliations, sales tax reporting, payroll processing, fixed asset management, property tax renditions, vendor maintenance, year-end reporting, and more. With your trusted partners on the job, there is never any concern about the reliability of the data. Your worries are eliminated.