Accounting For Law Inc ​​​​Financial peace of mind for lawyers

With our help, you can spend less time on payroll and more time on your clients. Entrust your Bookkeeping tasks to us so you can focus on what you do best — your legal practice. After having the same bookkeeper for our firm many years, we were very worried about finding someone new. It was a seamless transition and for the past 9 years we have been extremely happy with the services provided by AFL. Business owners no longer need to waste time collecting and processing data from various sources. Such challenges may damage a business’s profitability and reputation if not addressed promptly.

Insightz Bookkeeping Services

• Our team also looks for tax efficient ways to support growth so you can make confident decisions with clarity and control.
• Some of our clients have decided to give us a call after their previous bookkeeping provider became too busy, became ill or decided to retire.
• PCLaw and Unity® have strong adoption, though many firms are transitioning to modern cloud platforms like PageLightPrime.
• The administrative team spent countless hours reconciling accounts, chasing billing discrepancies, and preparing reports that were often outdated by the time they reached the partners’ desks.
• Timely and accurate recording of expenses is of utmost importance for law firms, as it promotes financial transparency and informed decision-making.
• So, if you happen to work in the legal field, then you should pay close attention, because we’re seeing some major shifts in…

From the get-go, Keith provided a clear strategic solution that set the right direction for the entire process. His expertise, calm confidence, and deep understanding of LSO audits helped me navigate every step smoothly and successfully. He managed what could have been a stressful situation with professionalism and kept everything structured and under control. Keep in mind that ignoring proper bookkeeping can lead to costly mistakes, missed tax benefits, and potential legal issues. Setting up a reliable accounting system is essential for the smooth operation and growth of your law practice. Jacques Tjonasan has successfully completed bookkeeping tasks and demonstrated expertise in PCLaw, reliability and professionalism.

• We also have an office at 2000 Thurston Drive, Unit 5, Ottawa, ON, Canada, serving eastern Ontario.
• This system can keep everything organized and prepare you for tax season.
• Generic platforms like QuickBooks and Xero are used in businesses across Toronto, Calgary, and Montreal, but they lack built-in trust accounting and law society compliance.
• If your law firm has an audit pending, our accounting firm will urgently step in and provide the necessary support and preparation for your Law Practice.
• For many law firms, managing legal bookkeeping in-house can be overwhelming.

Our solution is complete and personalized

Serving clients in Ottawa, across Canada, the U.S., and beyond, we are a virtual accounting firm dedicated to simplifying bookkeeping, payroll, CFO advisory, and controller services. You will typically need documents such as T4 slips (employment income), T5 slips (investment income), receipts for eligible deductions and credits, RRSP contribution receipts, and any relevant tax forms. It’s important to keep all your financial records organized to ensure accurate reporting. With a proven track record in providing effective solutions for income tax matters, you can trust that I have the experience and expertise to address your tax needs comprehensively. Our team provides comprehensive oversight of your financial affairs from day-to-day management and tax planning, to estate, legacy, and philanthropic strategies.

Get your online bookkeeping services consult today!

PageLightPrime stands out for its modern cloud approach and integration with Microsoft 365. PCLaw and Unity® have strong adoption, though many firms are transitioning to modern cloud platforms like PageLightPrime. Automation of GST/HST and PST/QST calculations ensures CRA-compliant invoicing and reporting.

BENEFITS OF OUR SERVICES INCLUDE:

I highly recommend SOPA Consulting to anyone in need of a good book keeper. That is why we make sure to continually offer the highest quality of service. Get a quick call with an expert to discuss custom solutions for your business. Our pricing is designed to be flexible and affordable, ensuring you get the best service without breaking the bank. You can reach out to me anytime, whether by phone or email, for prompt and personalized assistance.

Additional Considerations for Large Canadian Law Firms

Monthly reconciliation of the trust ledger, trust bank statement, and trust trial balance is essential; automation here saves time and prevents errors. If you need help getting set up, we will work with you to develop a budget for the initial set up based on our hourly rates, before we transition you to a monthly fixed fee. After serving as my PCLaw bookkeeper, they were able to help migrate my data to Cosmolex seamlessly. Toronto, Ottawa, Calgary, Vancouver, Edmonton, Waterloo, Victoria, and remote-first firms Canada-wide.

Do you help with budgeting and cash flow for firms?

• Most importantly, keeping books and records organized and filing everything on time significantly reduces risk of the review or audit by the CRA.
• His expertise, calm confidence, and deep understanding of LSO audits helped me navigate every step smoothly and successfully.
• He managed what could have been a stressful situation with professionalism and kept everything structured and under control.
• Yvonne Parry has been helpful at problem solving to improve efficiency.

We handle your bookkeeping and payroll so you never have to worry about missed deadlines or messy spreadsheets. This often is an involved process with the owner to ensure any assumptions in the process, particularly when proper receipts are no longer available are reasonable. Sometimes set up / catch up bookkeeping is needed for a variety of reasons. Work with Beck to align your current tax liabilities with your goals. As a customer since 2008 with SOPA Consulting Inc., I have received excellent and professional service. With government scrutiny of groups as ours becoming more intense, I am assured of our finances being up to par as Patrick is vigilant and keeps us apprised of all developments in our account.

Despite working for many law firms, the staff are able to remember the specifics of my law firm. Yvonne Parry has been helpful at problem solving to improve efficiency. The team are always willing to answer questions as they arise and are current with important information. Additionally, they have strong personal skills and are a pleasure to work with. This challenge is particularly acute for growing firms that have outgrown their initial accounting setups but haven’t yet embraced truly integrated solutions. Without a robust system, partners often find themselves making critical decisions based on delayed or incomplete data, impacting profitability and cash flow visibility.

• Our professional bookkeeping firm in Ottawa will quickly clean up past records, ensure CRA compliance, and bring your finances up to date efficiently.
• They have a keen attention to detail, a solid understanding of the LSO rules and requirements imposed on lawyers and are timely in their responses.
• We offer bespoke bookkeeping packages tailored to your business needs.
• This way, you have access to your financial data whenever and wherever you need it.
• But in reality, It is actually much harder to find a company that you would like and want to build a long-term relationship with as a business partner.

This systematic approach helped Lexicon truly optimise law firm bookkeeping with QBO Advanced Integration Solutions, positioning them for sustained success. Founded 15 years ago, Lexicon Legal Partners built its reputation on meticulous client service and deep legal expertise. As the firm grew, its financial infrastructure, The Importance of Professional Bookkeeping for Law Firms which relied on a basic accounting software package and extensive spreadsheets, struggled to keep pace. The administrative team spent countless hours reconciling accounts, chasing billing discrepancies, and preparing reports that were often outdated by the time they reached the partners’ desks.