Bookkeeping for Lawyer

Get legal assistance for all your legal bookkeeping functions. If you are a law firm or a sole practitioner, you must be wanting to focus your time and energy in handling the lawsuits which you get from the clients and you’re hardly left with doing bookkeeping on your own.

  • Hire a team of legal bookkeeping specialist who can assist you in maintaining your legal accounts.
  • Nexa Accountants is one of them whose client base differs from private client firms to legal aid firms. The company houses a team of experienced legal cashiers and accountants who look into your legal affairs in detail.

Get Easy Solutions to your Tiring Bookkeeping Tasks

Lawyer Bookkeeping includes

Most of their legal aid clients hold franchises in Family, Crime, Housing, Welfare Benefits and Debt. Clients are allocated a dedicated member of experienced legal cashier team; each cashier is supervised by a Chartered Certified Accountant in order to assure an accurate and efficient handling of your legal bookkeeping and reporting requirements. The legal cashiers of Nexa Accountants can work on-site and off-site.

They confirm that your accounts adhere to Solicitors Accounts Rules, LSC & HMRC guidelines. The legal cashiers of Nexa Accountants are well-trained and experts in handling a variety of the legal accounting softwares in the market.

The continuous professional development is on board seriously for them. All the legal cashiers remain updated with new legislations and software developments in the market. All the staff is trained to provide you the highest standards for meeting the quality standardized service in legal suits.

Nexa legal team make efforts in bringing you the best internal control procedures which saves you time, cost and effort. The team also prepare your VAT reports, provide you the realistic figures for your VAT online submission. The team also assist you in sending a standardized set of reports at the end of each month to satisfy The Solicitors’ Account Rules including reconciliations, default report & list of client balances for you to sign.

The reports also consist of the P&L, fee earning and other performance analysis. A detailed set of year end reports is also sent to you by the Nexa team which shows your firm’s performance and other reports that can be passed onto to your reporting accountant for audit and accounts.

With all the much needed assistance of Nexa Accountants team, you can easily clear your backlogs of postings, get software solution advice, implement modern accounting procedures, payroll, detailed management reports, professional indemnity renewal, bookkeeping review, submit returns to LSC, rectifying historical postings, pre & post SRA Investigation assistance, Management Accounts, budgeting & Cash flow forecasts. The team also provide consultancy service for LSC Speciality Quality Mark and Lexcel accreditation.

  • Client & Office Bank Posting
  • Costs/Profit Bills Posting
  • Interest Calculations
  • Transfers between client ledgers
  • Costs Transfers
  • Bank reconciliations
  • Month & Year End Reporting
  • VAT Returns
  • KPIs & Financial reports for Lexcel Audit
  • Financial Evaluation
  • Payroll
  • Assessment of Internal Control Procedures
  • Budgets, Cash Flow Forecasts, Variance Analysis
  • Unlimited support on all accounting matters including VAT, Interest, and Disbursements etc
  • Conflict Checks
  • Books updated in real time