Small Law Firm Accounting

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Small Law Firm Accounting 
Presented By
Bottrell Legal
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• Accounting is never easy, even for law firms. In
  most cases, lawyers are unable to manage their
  petty cash accounts. They end up making wrong
  calculations about expenses and earnings. This is
  where they can implement the best account
  software. It is not necessary to implement
  expensive software, as more cost-effective
  solutions are available online. For any small or
  medium scaled law firms, legal accounting
  software is the best solution for maintaining
  accounts. 

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Features of Legal Accounting Software

• The software may offer a different set of
  features. Making a selection of the right option
  is never easy. You have to consider features that
  are specific to your needs. But in general, some
  features are common to most law accounting
  software.

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Payments with Tracking Features

• Even for small law firms, making or receiving
  payments and tracking process is never easy. The
  task is time-consuming. You may have to make
  online payments using your banking options. If
  the payments have not been made by your clients,
  then it has to be tracked. This is where the
  accounting software will prove helpful. Check
  with the tracking and payment features of the
  software.

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Mileage and Payments

• In general, law firms will charge clients based
  on the mileage factor. In any case, if you travel
  far away distances, then you will always charge
  more. This is where small law firm
  accounting software is helpful. This feature is
  beneficial as you may not be able to do all
  calculations on your own.

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Bookkeeping 

• Law firms too need to maintain the accounts in
  order. They have petty cash accounts to handle
  daily. They may need to keep track of the bank
  account details. They receive payment s as cash
  or cheque. These are the tasks that can only be
  performed best if you have implemented accounting
  software.

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Administration Features

• The software will do all calculations including
  service tax, IT returns and other legal taxes it
  helps save a lot of your money and time. You can
  also approach Newcastle law firm
  accounting services to help you select the best
  accounting software.

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Contact Details
https//www.bottrelllegal.com.au
45 Hunter Street, Newcastle, Australia
1300 170 547, 02 4027 5389
 office_at_bottrellbusiness.com.au
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THANK YOU