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
Ashish Tulsian
Founder and CEO at Law Firm Accounting, CA, Quickbooks Pro Advisor, Zoho Books Partner
Ashish Tulsian stands as a distinguished authority in the realm of accounting for law firms, with a foundation of over 15 years in accounting, financial advice, and leadership roles at prestigious organizations such as Ernst and Young, Infosys Technologies, and Deloitte.
He is the Founder and CEO of Law Firm Accounting (established February 2019) and is a certified Chartered Accountant (CA), QuickBooks Pro Advisor, and Zoho Books Partner.
He uses leading cloud accounting software to streamline the financial operations of law firms, specializing in comprehensive management of accounts receivable, accounts payable cycles, and book finalization.
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.
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.
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.
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
For any law firm, maintaining accurate and up-to-date financial records is crucial. Being honest with clients and officials builds trust, which is good for your
To run a good law firm, you need more than just legal expertise. Assuring the long-term success of your business depends on how well you