SERVICES
Services
Accounting & Bookkeeping for Law Firms
Our specialized accounting and bookkeeping services for attorneys and law firms are unparalleled. We start by examining your current financial setup, and work together with your firm to design a customized accounting and bookkeeping process. With a proper system in place, your books will be kept accurate and current, enabling you to have a clear understanding of your firm’s finances, and make smart decisions. We focus on all aspects of the accounting process so that you can focus on servicing your clients and growing your practice.
QuickBooks Online Setup and Maintenance
As QuickBooks Online ProAdvisors, we use our expertise to set up your QuickBooks file in a way that maximizes your investment in the software. Your financial data is accurately recorded and maintained on a monthly basis so that your financial information is clear and readily available for analysis. Our month-end closing process involves reconciling your books, reviewing categorization in your general ledger, and providing your firm with a valuable package of essential financial reports.
Clio Setup and Maintenance
AYR Accounting will help to set up, customize, and automate Clio to get the best results from your practice management system. We stay updated on Clio’s features such as case management, client billing, trust account management, and reporting. Additionally, we ensure that applicable information is seamlessly transferred from Clio to QuickBooks Online.
Trust Accounting
Trust accounting is a unique and crucial part of a law firm's accounting requirements. State rules must be strictly adhered to, and every penny needs to be accounted for. We provide reliable trust accounting services, which include monthly 3-way reconciliations, professional summary reports, and the utilization of Clio and QuickBooks online to optimize the trust accounting process.
Accounts Payable and Advanced Client Costs
AYR Accounting has vast experience in developing effective accounts payable processes. Creating and operating a proper accounts payable workflow ensures that bills are approved, paid timely, and that associated expenses are recorded accurately in the financial statements. Advanced client costs are recorded and tracked so that they can be documented and billed to respective clients.
Accounts Receivable & Client Invoicing
There are many elements included in the accounts receivable process. AYR Accounting will leverage Clio software, and work with your law firm to design a customized workflow that encompasses client billing, billable hours tracking, transaction recording, and comprehensive reporting - aimed at improving and accelerating your collection rates.
Payroll
AYR Accounting partners together with Gusto to implement and maintain a payroll process that is fitting for your law firm. This partnership provides a top quality payroll experience which includes employee onboarding, running payroll, benefits, and payroll tax compliance and reporting.
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