Work with TTE’s Professional Legal Accounting Consultants

 

When you’re running a busy law firm, you can’t afford to get caught up in little financial details. You need to focus on the needs of your clients and their cases. To ensure essential information, don’t get buried in your books and overlooked, give Toronto Tax Experts’ legal accounting consultants a call today. Our team offers clients an affordable and dependable way to manage their personal and business financial records. 

At Toronto Tax Experts, our specialized knowledge of working with lawyers and law firms ensures that we can help create and maintain the necessary paperwork for monthly income and expenses for tax preparation and submission. Our accounting consultants discuss your business tax and accounting needs to determine the best course of action for you. 

Call Toronto Tax Experts today to work with leading Legal Accounting Consultants in Toronto

Legal and Law Firm Accounting Services

At Toronto Tax Experts, our specialized knowledge of working with lawyers and law firms ensures that we can help create and maintain the necessary paperwork for monthly income and expenses for tax preparation and submission. Out accounting consultants discuss your business tax and accounting needs to determine what package or hourly rate is right for your business. Once we assess your business needs, we organize the information in an engagement letter for your review and approval.

TTE’s best charter professional accountants are responsible for the daily posting of entries for your trust and general accounts, monthly reconciliations, including the preparation of financial statements, and LSUC Financial and Practice Audits. We’ll discuss your law firm’s accounting needs to determine which package works for you.

legal accounting consultants

Professional Legal Bookkeeping Services near Toronto

At TTE, our bookkeeping contracts renew monthly, allowing you the flexibility to cancel any time. We will send you a kick-off email with relevant information and what files to send us to set up the software and set up CRA representation. However, if you have any questions or concerns, you can speak to a member of our team to discuss your needs with the best chartered accountants in Toronto.

Keeping Track of Your Statements

We will set up Cloud Accounting software and send you login credentials. Next, the team at Toronto Tax Experts will ask you for your bank and credit card statements each month. Provide the required information and your books will be updated by the next month. The accounting software updates your bank account via a secure connection every day, and ensures that we can reconcile your accounts.

Now month-end is completed, your expert accountant will accurately reconcile your bank and credit card accounts against general ledger balances and send you an email with a few uncategorized transaction queries.

Our Legal Accounting Consultants’ Process

legal accounting consultantsWe’ll discuss your law firm’s bookkeeping and accounting needs to determine which package works for you. Once we have assessed your needs, we will create an engagement letter for your review and sign off. At Toronto Tax Experts, our professional team specializing in legal accounting services and work on monthly contracts, allowing you to cancel at any time. We’ll send you an email with relevant information and a list of files to set up the software and CPA representation.

Set a call with one of our CPA’s and review all remaining questions or concerns. We will set up Cloud Accounting software and send you login credentials. Next, the team at TTE will ask you for your bank and credit card statements each month. Please send them, and your books will be updated by the next month. The software updated your bank account via the secure connection every day, ensuring we can reconcile your accounts.

Now month-end is completed, your expert bookkeeper will accurately reconcile your bank and credit card accounts against general ledger balances. After, we will send you an email with a few uncategorized transaction queries. Respond with the missing details and you are done!

About Toronto Tax Experts 

Financial planning for a law firm is one of the most important things. Therefore, it’s not just about managing cashflow but also about managing accounts payables and accounts receivables. Tax filing and year-end can be a lot easier if your bookkeeping is well maintained throughout the year.

At Toronto Tax Experts, we take care of your tax remittances, payroll and all your other bookkeeping needs. Our workflow speeds up the process while keeping you up-to-date. Our legal accounting consultants start by sorting and organizing your existing documents and data. Together we define a means to ensure that we receive all documentation in the most time-efficient way possible. 

We thrive on providing affordable, customizable tax, bookkeeping and accounting help for our clients. Our team provides you with the right information to make better decisions and keep you on track.

To work with professional legal accounting consultants, call Toronto Tax Experts today at 416-265-6170 or stop by one of our three locations in Queens QuayDowntown or North York today.