3 Ways Outsourced Accounting Can Help Law Firms

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3 Ways Outsourced Accounting Can Help Law Firms
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• If youre the owner of a busy law firm, youll
  know only too well how many daily, weekly and
  monthly bookkeeping and accounting tasks need to
  be completed, and in a timely, accurate and
  professional manner. Perhaps, to accomplish this,
  youve employed a full-time bookkeeper, and are
  paying them upwards of 50k a year? Or maybe,
  like many other busy CPAs, attorneys and owners
  of multi-lawyer practices, youve discovered the
  convenience and efficiency of outsourcing, and
  are paying them around a fifth of the cost?
• If youve begun outsourcing your accountancy and
  bookkeeping tasks, then youll already be aware
  of the many ways in which an agency can help you
  save time and keep you on the right side of the
  IRS, but for those of you who may be wondering
  whether its a solution worth pursuing, consider
  the following 3 advantages of outsourcing

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• Outsourcing gives you access to experienced
  accounting professionals
• Typically, outsourcing agencies employ trained
  and qualified accountancy and bookkeeping
  professionals, meaning that their team is often
  comprised of employees with a deeper and more
  well-rounded understanding of taxes and payroll
  than the average office manager a law firm would
  be likely to employ. With this deep
  understanding, comes a far lower chance of costly
  accounting errors.

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• Outsourced accountancy agencies have software
  expertise
• Often knowing your billing and accounting
  software better than you and your staff do,
  outsourced accounting firms will use their
  expertise to get the work completed efficiently
  and accurately. As a result, youll waste less
  money each month and give your margins a boost.
• Outsourcing gives you a variety of resources in
  one bundle
• When you employ someone in your law firm to
  manage your office and accounts, its not always
  easy for them to focus strictly on billing and
  accounting. In an office environment, especially
  a busy law firms office, there are myriad
  distractions and many other unrelated tasks that
  an office manager may be required to do.

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• Whereas when you outsource, youre leveraging a
  large team dedicated solely to fixing your
  pre-bills, creating invoices, posting receipts
  and many other related activities, meaning that
  everything will get done on time, and nothing
  should fall behind schedule. Outsourcing enables
  you to be ultra-organized, have access to all the
  resources at their disposal, and gives you the
  opportunity to leverage their infrastructure,
  knowledge, expertise and best practices. While
  this hive of activity is going on, you can safely
  and confidently get on with your own role.
• For more information about outsourcing some, or
  all of your accounting tasks, schedule an
  initial, non-obligatory consultation with a
  reputable outsourcing firm, and see how they
  might be able to help your law firm get on top of
  its accounting, and stay there.

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• At Heyer Associates, we proactively assist our
  individual and small business clients in meeting
  their goals. Our key area of focus is ensuring
  that our clients remain compliant with federal
  and state tax laws by providing them with high
  quality accounting and tax service Coral Gables.
  If you are looking for individual tax preparation
  in Miami, Heyer Associates would be a right
  option.