Optimize Your Law Firm’s Financial Management with Specialized Services

At Birchwood Accounting, we offer comprehensive financial services tailored specifically for law firms. Our offerings include QuickBooks cleanup and catch-up, meticulous bookkeeping, and precise payroll management. We help legal practices streamline their financial operations, ensuring compliance, accuracy, and efficiency, so you can focus on delivering exceptional legal services to your clients.

Our Specialized Services

1. QuickBooks Cleanup & Catch-Up for Law Firms

• Detailed Financial Review: We conduct an in-depth assessment of your QuickBooks records to identify and correct errors, discrepancies, and incomplete entries, focusing on trust accounting and client billing.
• Accurate Reconciliation & Trust Accounting: Our team ensures all financial transactions, including client retainers and trust accounts, are accurately recorded and reconciled, bringing your records up to date.
• Error Correction & Adjustments: We correct any inaccuracies and make necessary adjustments to ensure your law firm’s financials reflect the true state of your practice.

2. Professional Bookkeeping for Law Firms

• Daily Transaction Management: We handle the daily recording, categorization, and reconciliation of transactions, including billable hours, client invoices, and expenses, to maintain accurate and current financial data.
• Financial Statement Preparation: Our services include preparing detailed financial statements, such as balance sheets and profit & loss statements, to give you a clear understanding of your firm’s financial health.
• Monthly Financial Reports: We generate comprehensive monthly reports to help you track financial performance, manage cash flow, and make informed business decisions.

3. Accurate Payroll Services for Legal Practices

• Timely Payroll Processing: We manage all aspects of payroll processing to ensure accurate and timely payments to your attorneys, paralegals, and staff, including bonuses and overtime.
• Compliance with Legal Industry Regulations: Our experts ensure that payroll taxes and legal-specific deductions are calculated correctly and filed in compliance with industry regulations.
• Employee Benefits Administration: We handle employee benefits, such as health insurance, retirement plans, and profit-sharing, within QuickBooks, keeping your records organized and up to date.

Why Choose Birchwood Accounting for Your Law Firm?

• Legal Financial Expertise: We have extensive experience working with law firms, understanding the unique financial challenges such as trust accounting, billable hours tracking, and client billing.
• Customized Financial Solutions: Our services are tailored to meet the specific needs of your legal practice, providing personalized support to enhance your financial management.
• Comprehensive Service Offering: From QuickBooks cleanup to ongoing bookkeeping and payroll management, we offer a full range of solutions to keep your financials accurate and compliant.
• Focus on Your Clients: With our expert financial management, you can concentrate on delivering top-notch legal services, confident that your financial records are handled with precision.

Get Started with Birchwood Accounting Today

Ready to optimize your law firm’s financial management? Contact Birchwood Accounting to learn more about our QuickBooks cleanup and catch-up, bookkeeping, and payroll services. We offer free consultations to assess your needs and develop a customized plan for your legal practice.