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Bookkeeping & Financial Consulting for Law Firms
Exactlynow
About Us
Does the Law Society Cause You Stress?
Are you confident that your trust account is managed properly?
Do you have monthly financials that truly let you know how the law firm is doing?
Are you certain all your client disbursements are being billed back to clients?
Is it a "Fire Drill" when you try to bill and realize not all lawyers dockets are in?
Are you confused what reports are required by the Law Society and how to run them?
WE CAN HELP
ABOUT US
Our bookkeeping services center around compliance with the Law Society's record keeping requirements in By-Law 9.
Exactlynow is a premier family run boutique bookkeeping firm partnering with solo, small and medium sized law firms to solve your accounting challenges for a fraction of the cost of hiring someone full-time.
We know lawyers have very specific accounting needs, these include client trust accounting, time and billing, advanced client costs, and assigning profits to individual partners. We have helped many clients who were about to lose their licenses with the Law Society return to great standing. We have specialized knowledge in Law Society reporting, and the industry leading legal bookkeeping (PC Law & Soluno) platforms to help your Law Firm be as profitable as possible.
We want to take the pain out of your accounting and free you up to focus on practicing law. We see ourselves as an extension of your law firm and a company that truly cares about your success.
TRUST RELATED
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Trust & General Bank Reconciliations
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Preparation for Law Society Audits & Reporting
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Accounts receivables
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General ledgers
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Law Society of Ontario Spot Audit Day Assistance
STRATEGY AND OPERATION
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Business loan assistance
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Cash Flow Analysis, management and budgeting
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Tax preparation - Yearly
IMPROVING PROCESSES
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Monthly, Quarterly & Yearly Financial reviews
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Management Reporting
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Cleaning up books
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Payables entries
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Vendor Payments
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Customer Billing / Invoicing Clients
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Filing GST/HST returns
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Transaction Levy Filings
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LSO Annual Reports
HUMAN CAPITAL
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HR, Benefits & Payroll processing services
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Lawyer related monthly draw analysis
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PC Law Training & Support
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PC Law Data migration to Sulono & transition planning
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Quickbooks support and management of entries etc.
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