Legal Bookkeeping Services

Legal Bookkeeping

tick_mark20   Registered BAS Agents – Registration No. 80294000

tick_mark20   Registered ASIC Agents – Registration No. 37258

tick_mark20   ABBS are Certified Practising Bookkeepers

Our legal bookkeeper is focused on results and ensuring the law firm’s compliance.     Engage a legal bookkeeper from the ABBS group who has extensive experience in working with law firms at secretarial, paralegal, accounts management and practice management levels will give you peace of mind that your business’s bookkeeping requirements are in safe hands.

Skills and experience –

  • Understanding of Legal Bookkeeping and Accounting principles
  • Understanding of Law Society requirements
  • Understanding of Trust Account Legislation, their management and audit
  • Past LEAP consultant and LEAP approved Bookkeeper
  • MYOB Preferred Partner
  • Knowledge of Open Practice, Comparto and PC Law software and expanding our knowledge as required
  • High attention to detail
  • Ongoing commitment to your firm

ABBS Legal Bookkeeping services include –

  • Ownership of your business’s trust and office account bookkeeping process
  • Trust account maintenance
  • Daily checking of trust accounts bank statements
  • Daily receipting of trust funds
  • Trust to Office transfers and matching of trust authorities
  • Investment accounts maintenance
  • Controlled monies maintenance
  • Daily reconciliations
  • EOM Trust accounts process and reporting
  • Unpresented cheques and dormant balances monitoring and reporting
  • End of month management report
  • Monitoring of Statutory Deposit
  • BAS services
  • Bank reconciliations
  • Credit card reconciliations
  • Cash-flow reporting
  • Analysis and Ratio reporting
  • Entering of receipts
  • Entering of payments
  • Petty Cash
  • Processing of electronic payments
  • Entering and processing of creditors, cost recoveries, anticipated disbursements
  • Processing of payments through your bank
  • Client Invoicing
  • Debt collection
  • Preparing and processing of Payroll
  • Staff reimbursements
  • Producing standard end of month reports
  • Debtors management
  • Multi-currency bookkeeping
  • Preparation and processing of super payments
  • Balance sheet items reconciliations
  • Compliance
  • EOY reconciliations
  • Face to face meetings as required
  • Other bookkeeping related services as agreed

We take the opportunity to bring to your attention an ATO ruling that might be of interest to you and worth a chat with your accountant to check re compliance with the criteria.

Do you need a legal bookkeeper with over 35 years experience?

Contact Us or Have a Question

For a free discussion on your trust account needs and discover if there are any areas we can add value to your financials, please contact us and someone will be in touch within 24 hours.

Should you wish to know more about ABBS, answers to questions we have been asked can be found on our Frequently Asked Questions page.

If you have a question that has not been answered there, please send it to us and we will add it to the list for the benefit of others.

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