Bookkeeping Services For Lawyers 

IOLTA and Individual Trust Accounts and dispersal reconciliations add complexity to law firm bookkeeping.

Lawyers specialize in courtroom cross-examination, not tax statement cross-referencing. In our experience, firms specializing in high-value, low-volume corporate work benefit greatly from outsourced bookkeeping services. That's why Simply-Bookkeeping offers specialized bookkeeping services to small to mid-sized law firms and solo practitioners.

Our law firm bookkeeping services focus on 3 areas: General Ledger, Accounts Payable and Individual Interest Bearing Trust Accounts/IOLTA Accounts. Specifically, we offer General Ledger Journal Entry, Bank Reconciliations, and Standard Report Generation; Accounts Payable Invoice Entry, Check Processing and Cost Entry; and Individual Interest Bearing Trust Account/ IOLTA Account Payment Entry, Check Entry and Processing, Standard Report Generation, and Bank Reconciliations.

Simply-Bookkeeping’s experience and meticulous bookkeeping processes allow us to help law firms to create an industry-focused system that helps them to maintain timely billing, orderly finances and accurate accounts resulting in a substantial savings in time and a measurable increase in billable hours and cash flow.

It is critical that a Bookkeeper for a law firm should possess a good knowledge of financial reporting and law firm process and procedure. They should also possess above-average analytical skills, as they are often required to identify and rectify discrepancies in the course of their duties.

We help you keep your books and records in accordance with the accepted State Bar principles and audit ready at all times. We help you prepare the book, records, files, and reports to minimize non-compliance issues.

Our service provide you peace of mind so you can focus on your practice

Individual Interest Bearing Trust Accounts/ IOLTA Accounts

• Payment entry
• Check entry and processing
• Standard report generation
• Bank reconciliations

Accounts Payable

• Invoice entry
• Check processing
• Cost entry

General Ledger

• Journal entry
• Bank reconciliations
• Standard report generation