We Handle Your Accounting So You Can Practice Law
You need an accounting firm that is knowledgeable about law firm accounting so that you can focus on practicing law. Law schools do a good job of teaching their students how to practice law, but they generally don’t teach them how to run a business. Sanders Accounting will help you run your law firm as a business and help you grow.
We look at your current business processes and develop an efficient workflow system that is customized for your business. We set up our clients on cloud accounting. There are several advantages of cloud accounting over desktop systems. These include:
- You are able to access your accounts from any location with an internet connection at any time, even with your mobile device.
- Your data is securely stored on the supplier’s data centers, where it is regularly backed up. You don’t have to upgrade your software or back up your data – it is done for you.
- Your data is kept up to date. You and we are working on the same set of books so we are able to give you timely, useful information as you seek to grow your business.
- Data entry is automated, which saves you time and money, often reducing the need for additional staff.
We provide accounting and bookkeeping services for law firms, so that you can focus on practicing law and marketing your firm. We use cloud based technology to manage your finances. We offer several levels of services ranging from full-service bookkeeping to just preparing tax returns.
Trust Account Reconciliation
Accounting requirements for managing a law firm’s IOLTA and trust accounts are different than any other type of business. The penalties for mishandling your trust accounts can be very severe. If your accounts are out of balance, we can reconcile them and then reconcile them each month going forward.
We set up your accounting system and train you and your staff to operate it properly and efficiently.
Tax Preparation and Planning
We prepare tax returns for businesses as well as individuals. But we do more than just prepare tax returns. We help you plan so that you can minimize the amount of tax that you pay. We give you advice throughout the year as well as reminders of important deadlines.
Practice Management Services
We want to help you transform your law firm into a thriving business. We help you create a vision for your firm. We will then help you develop a plan for your business and then help you implement that plan. We review your current processes and help you implement the latest technology to help you save time and make more money.
Virtual CFO Services
We give you proactive advice to help you manage and grow your business that goes beyond just bookkeeping. We help you understand what the numbers mean and help you make good decisions in your business.
First, click here to get the free e-book, Five Steps to Financial Freedom. You will receive it in your email shortly. You will be added to our e-mail list so that you will receive blog posts and other important information.
Next, click here to schedule a free consultation. Tell us a little about yourself and we will contact you to discuss your business or financial situation and our services.