Accounting Services for Lawyers and Law Firms
Working in the legal industry may come with a lot of challenges. Maintaining a good balance on client workload and finding new business doesn’t leave a lot of room for the all important back end of billing, collections and bookkeeping.
For those reasons, many law firms choose to outsource their bookkeeping services to an expert company such as Peach BPO. What’s great about outsourcing is that you’ll get to work with skilled professionals who offer excellent services at low costs. If you need a helping hand in accounting, Peach BPO is your best choice.
Grow Your Law Firm Through Outsourcing
At Peach BPO, we review your current accounting processes and guide you into learning the accounting processes that would best suit your company. We enable you to make business decisions that increase your bottom line, like attending that networking function or responding to client emails.
Billing your clients doesn’t have to nibble at your billable hours.
Our Accounting Services for Legal Practitioners
We offer various accounting services for lawyers and law firms across the United States. With our help, your practice will enjoy high-functioning accounting and bookkeeping — helping you collect faster and more reliably.
Here’s what we do for your practice:
Bookkeeping for Law Firms
Every lawyer or law firm needs to have proper bookkeeping processes to ensure that financial transactions are accounted for properly. From filing taxes to understanding your outstanding client balances, bookkeeping is essential for your operation.
Once you outsource your bookkeeping to Peach BPO, we will assist you with:
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Account reconciliations
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Client expense reimbursement tracking
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IOLTA transaction management
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A/R, billing, and collections
Get in touch today to learn more.
Accounting Services for Law Firms
Working in the legal industry may mean that you always have your hands full. So, don’t push yourself to handle the accounting aspects of your business. That’s what we’re here for.
Once you outsource your accounting to Peach BPO, we will assist you with:
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Setting up your accounting processes
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Routine financial reporting
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Quality assurance
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Cash flow management
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Coordinating with your tax accountant on tax prep and information submission
Get in touch today to learn more.
Payroll Processing
Payroll may seem like an easy task to handle if you are only managing a small team. However, keep in mind that one small error could negatively affect the entire process. If left unsolved, it may lead to compliance issues.
As much as possible, let us oversee your payroll processing. At Peach BPO, we assist you with:
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Reviewing timesheets and ensuring the accuracy of employee records
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Preparing monthly reports
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General payroll enquiries
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Employee expense reimbursement tracking
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Pay calculation from gross to net
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Compliance reporting
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Tracking accruals and PTO
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Salary disbursements
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Payslip distribution
Get in touch today to learn more.
Free Yourself from Repetitive Admin Tasks
As a legal professional, time is essential. It’s possible that you always have lots of documents to prepare and file, clients to attend to, and more. If you spend hours working on your bookkeeping and accounting, it could distract you from those core tasks. Leave the financial aspects of your business to us.
We ensure that all your records are accurate and updated. As a result, you’ll receive better insights into your firm’s current financial health.
Start Your Peach BPO Journey Today
If you are interested in knowing more about our accounting services for lawyers and law firms, we are just a call away!
Let us know your specific needs and we will reach out to discuss what you can expect from our services. Fill out our contact form to get started.