Law Firm Bookkeeping Services in Austin
Every Legal Bookkeeping Solution that Your Law Firm Needs. We Ensure Every Case and Client Brings You Profit by Tracking All Finances Accurately.
How Can We Help?
As a small law firm owner or solo legal practitioner in Austin, you have more important legal tasks than managing your books yourself. Our team of expert law firm bookkeeping professionals can take care of your books for you, freeing you to focus on your raison d’etre: practicing law.
How We Simplify Law Firm Bookkeeping for Your Practice
Our bookkeepers have immense experience working with legal firms and companies. We enable you to focus on the core responsibilities of your work while leaving the bookkeeping tasks to us. Our law firm bookkeeping experts follow best practices to simplify complexities, update financial records, and offer real-time insights into your law firm’s performance. Here are a few ways we help you with law firm bookkeeping services:
Trust
Accounting
For your legal bookkeeping needs, we offer meticulous management of trust accounts. Ensuring that your clients' funds are secured and held in escrow, adhering to ethical and professional regulations set by Austin, Texas Bar.
Billing and Collection
Our law firm bookkeeping services streamline your law firm's financial management by managing the billing and collection process. These services include handling hourly rates, flat fees, contingency fees, and retainers.
Cash flow & Profitability
You have two primary goals: client satisfaction and growth of your legal business. We manage your cash flow. We record and reconcile your bank accounts, credit cards, and other transactions to optimize your cash flow.
Financial Reporting and Analysis
The success of your law firm depends on a clear understanding of your finances. Our law firm bookkeeping services provide in-depth financial analysis, generating and reviewing key reports such as balance sheets and income statements.
Bookkeeping software and Integration
To stay ahead of the curve, embracing technology is essential. At ABH, we utilize the best and latest law firm bookkeeping software and tools specifically designed for attorneys, like QuickBooks for Attorneys.
Monthly Reconciliation of Your Accounts
Our monthly reconciliation, including 3-way Trust Reconciliation services within our legal bookkeeping services ensure that all records are in order and that all balances match. It saves you stress and time, allowing you to stay focus on your legal practice.
How Our Bookkeeping Services for Lawyers and Attorneys Works
Consultation & Onboarding
Through an initial consultation, our experienced bookkeepers will understand your law firm’s bookkeeping needs and suggest personalized support for both solo lawyers and large law firms.
Personalized Bookkeeping
Your assigned bookkeeper will be your single point of contact, providing personalized and industry-specific bookkeeping services to meet your law firm’s objectives and goals.
Financial Data Mangement
By using accounting software best suited for your law business, your dedicated bookkeeper will streamline the financial operations of your law firm, keeping your financial data up-to-date and accessible.
Ongoing Support
Your bookkeeper will always be ready to provide ongoing support, address any concerns you may have, and adapt bookkeeping operations to accommodate your evolving needs.
Clean and Tax Ready Books
We can reconcile your books weekly or monthly. Our expert bookkeepers will maintain accurate financial records and provide support in tax preparation to deliver tax-ready reports.
Why ABH is the Best Choice for Legal Bookkeeping Services?
Financial Health Monitoring
Numbers make a lot of sense when you maintain organized records of your firm’s financial management. Our legal bookkeeping services provide a clear picture of your legal business’s financial health.
Take Actions on Your Data
Focus on what matters most: Your Clients. We handle your law firm's bookkeeping tasks with precision and accuracy. With services, gain timely insights into your firm's financial health to make informed decisions.
Transparent Pricing
Sole practitioners and small law firms in Austin trust us when it comes to pricing for our law firm bookkeeping services. Our rates are affordable and pricing is transparent. We have no hidden charges or extra costs.
Customized Law Firm Bookkeeping Solutions
Our bookkeeping solutions are tailored to your firm’s particular needs and preferences. Our team of law firm bookkeepers offers a customized financial services solution for law firm owners, helping them understand their numbers.
Boost Productivity with KPIs
At ABH, we understand the importance of key performance indicators for growth. With our legal bookkeeping services, you receive the expertise of a dedicated bookkeeper specializing in law firm bookkeeping services in Austin, Texas.
QuickBooks for Lawyers
Tailored Services
At Austin Bookkeeping Hub, we customize QuickBooks for Lawyers to align with your specific needs, goals, objectives, business model, and budget.
Accurate Record Keeping
We meticulously manage your financial records by accurately recording every transaction and data entry through QuickBooks for Lawyers.
Tax Preparation Support
Receive comprehensive year-end and tax preparation support from our QuickBooks ProAdvisors, ensuring compliance and maximizing deductions.
What Can We Do For You?
If you are ready to take your law firm to the next level, contact us today for a free consultation. We will discuss your bookkeeping needs, answer your questions, and give you a quote. You can reach us by phone, email, or book a free consultation. We are looking forward to hearing from you and working with you. Austin Bookkeeping Hub is the best bookkeeping service provider for law firms. Don’t miss this opportunity and contact us now.
Our Law Firm Bookkeeping Services include, but not limited to:
- Comprehensive tax support services: business, individual, and multi-state taxes
- Accounts Receivable and Accounts Payable
- Bank Account & General Ledger Reconciliation.
- Strategic tax planning tailored for law firms
- Expertise in 1031 exchanges for “like-kind” investment property
- Budgeting and accurate cash flow projections
- Efficient business entity structuring, focused on bookkeeping for small law firms
- Transactions for tax deferral optimized for law firms
- Passive activity deductions handled for law firms
- Litigation support specialized for law firm bookkeeping service
- Proficiency in accounting software like Quickbooks & Zoho, Sage, Freshbooks and more.
- Streamlined payroll services, catered to bookkeeping services for law firms
With extensive experience across various practice areas:
- Corporate law firms
- Civil litigation law firms
- Criminal defense law firms
- Family law firms
- Intellectual property law firms
- Real estate law firms
- Environmental law firms
If you are interested in finding out more about our law firm bookkeeping services, you can always contact us at 512-730-1159 or book a free consultation to explore tailored bookkeeping solutions for your law firm.
Frequently Asked Questions
Simply, book a free consultation or call 512-730-1159.
You didn’t start a law firm to do your own bookkeeping. DIY bookkeeping takes valuable time and focus that could be better spent on growing your legal practice in Austin. A law firm bookkeeper manages your books while you focus on your legal practice. By outsourcing your law firm bookkeeping to Austin Bookkeeping Hub, you regain valuable time and focus for running your law firm.
Law firm bookkeeper will tracks your firm’s day-to-day financial activities and operations to ensure accurate financial records. They are responsible for handling essential financial statements and reports. To find in details about the services of law firm bookkeeper, feel free to book a free consultation here.
Yes, they can. While CPAs may charge more than a bookkeeper, outsourcing bookkeeping to a local bookkeeping firm can save you a significant amount of money. Additionally, a local bookkeeper allows you to establish a year-round relationship.
Yes. Law firm bookkeepers specialize in trust accounting, ensuring everything is current and compliant with all rules and regulations. Book a free consultation session for more information.
Yes, we will provide tax preparation support to ensure accurate financial records, allowing you to have a hassle-free tax season. We will also help you catch up on bookkeeping so your books are up-to-date and error-free.
Yes, we have strict SOPs in place to protect your data from piracy. Ensuring the security and confidentiality of your information is our top priority
Of course. It doesn’t matter whether you are months or years behind. During our 20-minute free consultation session, just let us know the date from which you want us to catch up.