Understanding the Basics of Legal Accounting
Law firm accounting isn’t just numbers and charts; it has its own set of rules and things to think about that make it different from
May 30, 2024
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Law Firm
Accounting Services
Our skilled team ensures quick learning and smooth implementation of personalized accounting solutions for your law firm. Trust us to handle financial complexities, so you can focus on practicing law with confidence.
Mission Statement
Our mission is to make sure businesses don’t stress about accounting. With our law firm accounting services, we aim to provide easy and worry-free financial solutions, letting our clients focus on what they do best while trusting us with their accounting needs.
Simplify
Relieve
Empower
Meet The Law Firm Accounting Team
Ashish Tulsian
Founder and CEO
With over 15 years of expertise in accounting, financial advising, and leadership roles at Ernst and Young, Infosys Technologies, and Deloitte, Ashish Tulsian is the Founder and CEO of Law Firm Accounting.Co since February 2019. His mission is to simplify businesses’ use of leading cloud accounting software, specializing in managing complete accounts receivable, accounts payable cycles, and more.
Nimra Shaik
Accounting Lead
Dedicated and detail-oriented, Nimra Shaikh brings 10 years of accounting and finance experience to her role. Specializing in Zoho Books and Netsuite Accounting, Nimra excels in orchestrating seamless accounting processes, ensuring accuracy, and compliance with the highest industry standards.
Sanaffiya Modak
Accounting Lead
With 3 years of experience in Law Firm Accounting, Sanaffiya Modak’s commitment to precision and efficiency makes her a standout team member. Her meticulous approach to financial tasks and adept problem-solving skills contribute significantly to navigating complex accounting landscapes.
Karan Mehra
Accounting Lead
Bringing a strategic mindset to the team, Karan Mehra is a seasoned professional with extensive experience in managing accounts and a keen eye for financial optimization. His expertise positions him as a reliable resource in the pursuit of excellence.
Dalpreet Kaur
Senior Bookkeeping Specialist
Dapreet Kaur is characterized by her dedication to maintaining the financial health of our clients. Her expertise in bookkeeping intricacies and commitment to client satisfaction contribute significantly to our team’s success.
Anchal Gupta
Senior Bookkeeping Specialist
Anchal Gupta is known for her ability to navigate intricate financial landscapes. Her meticulous approach and commitment to accuracy make her a valuable asset in ensuring our clients’ financial well-being.
Sharmeen Khokar
Senior Bookkeeping Specialist
Sharmeen Khokar is distinguished by her ability to handle complex financial scenarios with finesse. Her dedication to providing top-notch bookkeeping services aligns seamlessly with our commitment to client success.
Mitali Tiwari
Bookkeeping Specialist
Mitali Tiwari brings a dynamic approach to managing financial data. Her attention to detail and proactive attitude make her an indispensable part of our team, contributing to the smooth flow of our accounting processes.
Manish Jha
Senior Bookkeeping Specialist
Manish Jha combines technical proficiency with a passion for ensuring financial accuracy. His commitment to maintaining precise financial records enhances the overall effectiveness of our accounting team.
Yash Joshi
Bookkeeping Specialist
Yash Joshi stands out for his dedication to delivering top-tier bookkeeping services. His proactive approach and commitment to excellence contribute significantly to our clients’ financial success.
Law Firm Accounting Solutions
Our team of experts collaborate with you ensuring a streamlined process that meets the needs of your business.
Our History
Law Firm Accounting.Co was founded in 2019 with a vision to revolutionize how legal professionals manage their finances. Quickly gaining trust, we’ve adapted to industry changes, embracing innovation to shape our clients’ financial success.
As we continue to grow, our commitment to transparency, accuracy, and client satisfaction remains unwavering.
Law Firm Accounting Services Offered
Law Firm Accounting.Co provides comprehensive accounting services tailored for law firms, including setup, income statements, balance sheets, cash flow budgeting, and financial reporting.
Our offerings encompass monthly, quarterly, and yearly reviews, financial analysis, management reporting, payroll processing, and accounts payable and receivable services.
We excel in bank account reconciliation, credit card reconciliation, and cleaning up books.
Our Testimonials
Over the past year, LFA team helped us cleaning up an entire year’s worth of accounting data and balancing our trust account accurately.
Beyond the initial cleanup, LFA team continues to support us with regular bookkeeping services and the preparation of MIS reports.
These reports have been a game-changer, providing us with insightful data that guides our strategic decisions and enhances our operational efficiency.
Business Law Firm, Ohio, USA
Law Firm works closely with my internal staff for several months now. They have implemented a new accounting system, and I’m thrilled. We have automated our antiquated system, and our accounting system is so much more efficient.
Our clients are happy and I am happy! What I appreciate most about Ashish is his willingess to have regular phone calls (despite time diffferences), work through difficult issues, and come up with innovative solutions. I highly recommend Ashish and his team.
Immigration Law Firm, Ohio, USA
We were using Clockify to track time and create invoices.
But Ashish introduced us to the benefits of using QuickBooks for our accounting needs.
He took on the challenge of migrating all the data from clockify to Quickbooks that provided us with a clear and comprehensive picture of our law firm’s finances.
They continue to support us with monthly bookkeeping services.
Corporate Law firm, UAE
Law Firm Accounting Solutions
Our team of experts collaborate with you ensuring a streamlined process that meets the needs of your business.
Case Studies
Immigration Law Firm, Ohio
Problem
Outdated accounting system needed an overhaul for efficiency, automation, and better client service.
Solution
Ashish and his team successfully implemented Zoho, streamlining processes, and providing regular support, leading to a more efficient and automated accounting system.
Client’s Experience
Richard praises Ashish’s dedication, regular communication, problem-solving skills, and innovative solutions, recommending him for impactful results and client satisfaction.
Case Studies
Mitisha Patel
Problem
Transitioning from QBO to Zoho books with cost-effective solutions required expertise and a seamless process.
Solution
Ashish, a qualified CA in India and Australian CPA, facilitated the smooth migration, optimizing costs and utilizing Zoho’s software suite effectively.
Client’s Experience
Impressed by Ashish’s professionalism, international accounting firm background, and clear communication, Mitisha highly recommends his services for trust and cost-effective solutions.
Case Studies
Alejandro Gonzalez
Problem
Maintaining Zoho books and Inventory system posed challenges, with unorganized accounting records and unreconciled Amazon orders and payments.
Solution
Ashish’s expertise addressed the issues, providing professional Zoho support, cleaning records, and reconciling Amazon transactions.
Client’s Experience
Highly satisfied with Ashish’s professionalism, responsiveness, and Zoho knowledge, recommending his services for effective financial management.
Our Process
Ready to get started? The process is simple:
Book A Call
Analysis Of Needs
Strategic Planning
Implementation
What You Get With Law Firm Accounting
Real people, who understand the intricacies of accounting for law firms, form our specialist team. Acting as an extension of your business, we are always on hand to help ensure that your law firm’s accounting remains compliant.
Innovative Technology
At Law Firm Accounting.Co, we use QuickBooks Online, Zoho Books, Clio, and NetSuite to make law firm accounting smooth and accurate.
QuickBooks and Zoho handle our bookkeeping, while Clio manages legal practice.
For broader financial planning, we trust NetSuite. Trust us to simplify your law firm’s finances with these trusted technologies.
Privacy And Security
We prioritize your privacy and security. With unwavering commitment, we implement robust measures to safeguard your sensitive information.
Our dedicated approach ensures confidentiality, protecting your data against unauthorized access, and providing you with peace of mind in an ever-evolving digital landscape.
Fill In The Form To Contact Us
- +91 93156 22256
- [email protected]
- B715 Lodha Supremus,Kolshet Rd, Thane, Maharashtra 400607
Our law firm accounting services specialize in managing IOLTA trust accounts, ensuring compliance with state regulations and accurate reconciliation.
Absolutely, our law firm accounting services include meticulous tracking and management of client reimbursements, ensuring accuracy and timely processing.
Our expertise in legal financial compliance and dedicated support for complex issues like trust account management and audit preparation distinguishes our law firm accounting services.
Our online accounting services offer real-time tracking and automated reconciliation for IOLTA trusts, enhancing accuracy and reducing manual errors.
Yes, our online accounting services automate and simplify the reimbursement process, providing transparent, quick, and accurate handling of client funds.
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