Trust Account Bookkeeping for Lawyers and Law Firms

Are you spending too much time managing trust accounts and keeping up with compliance? Our bookkeepers specialize in trust accounting for law firms, helping you stay compliant and audit-ready.

Book A Demo
Trust Account Bookkeeping

Trusted by 1000+ Fast-Growing Law Firms

Sasooness Law GroupDennis D. Green, JR., P.C.MollaeiLaw.comBrooks LawHemming. P.C.Sheena Rude
Sasooness Law GroupDennis D. Green, JR., P.C.MollaeiLaw.comBrooks LawHemming. P.C.Sheena Rude
Certified Professionals

Access a team of CPAs and trust accounting specialists who understand the intricacies of legal trust fund management.

Save Cost

Why pay more when you don’t have to? Have bookkeepers who expertly manage trust accounts starting at just $14.

Bar Compliance Ready

We prioritize fast turnaround time with accurate trust records, so you’re always ready for bar audits or regulatory reporting.

Expert Trust Account Bookkeepers

Our bookkeepers help law firms and businesses maintain accurate trust records through accounting services specifically made for legal practice.

Talk To Our Team

Trust Account Setup & Organization

Client Fund Management

Trust Account Reconciliation

IOLTA Compliance Monitoring

Trust Accounting Cleanup

Detailed Trust Reporting

Trust Account Management

Audit Preparation

Trust Accounting Consultation

What You Get

Complete Compliance & Transparency

Ensures that all of your trust accounting records are fully compliant with state bar regulations and legal ethics.

Protect Your License

With accurate trust records, you'll maintain compliance and avoid disciplinary action from state bar authorities.

Experienced Team for Trust Accounting

Work with skilled accountants and bookkeepers who understand legal industry requirements.

Improve Financial Relations

With accurate books, you’ll build better financial relationships with investors, banks, and partners.

Diagnostic Test

We conduct a thorough analysis to identify inefficiencies in your current system and recommend improvements.

Best Practices Implementation

Incorporate industry-leading trust account management techniques into your processes.

Talk To Our Team

Secure Your Trust Accounts. Hire Expert Bookkeepers.

Why settle for generic bookkeeping when you can partner with specialists who understand the legal industry inside and out?

Book A Demo

Proficient in the Accounting Tools You Use

In-House vs. Our Trust Account Bookkeeper

Our virtual trust account bookkeepers start at just $14/hour, offering a cost-effective way to manage trust accounts without hiring additional in-house staff.

Feature
Hourly Rate
Upfront Commitments
Hidden Fees
Quality & Accuracy
Dedicated Bookkeeper
Our Virtual Bookkeeper
  • $14 per hour
  • No commitments
  • Transparent pricing
  • High
  • Always
In-house Bookkeeper
  • $25+ per hour
  • Often requires contracts
  • Possible extra costs
  • Low - High
  • Sometimes
Virtual
In-House
Feature
Hourly Rate
Commitments
Hidden Fees
Quality
Dedicated
Virtual Bookkeeper
  • $14 per hour
  • No
  • Transparent
  • High
  • Always
Feature
Hourly Rate
Commitments
Hidden Fees
Quality
Dedicated
In-house Bookkeeper
  • $25+ per hour
  • Requires contracts
  • Extra costs
  • Low - High
  • Sometimes
Talk To Our Team
Process

How It Works

1
Schedule Your Free Consultation

Begin with a discovery call to assess your needs and build a custom trust accounting plan.

2
Get Matched with a Virtual Bookkeeper

We’ll connect you with an experienced trust account bookkeeper who is right for you.

3
Ongoing Monitoring & Compliance

Your bookkeeper manages accounts, ensures compliance, and provides detailed reports.

Schedule
Choose
Start
View All
Testimonials

Hear from our clients

Learn more about our clients' bookkeeping and accounting journeys to see how we've transformed the way they operate.

William D. Nefzger

“I've been a customer for almost two years now and have been very pleased with the quality of candidates, workers retained and customer service, especially my account rep Stefy Bravo.”

William D. Nefzger
Bahe Cook Cantley & Nefzger
Megan Ball

“Their skillsets, professionalism, and seamless integration into our team have made them invaluable assets from the very start.”

Megan Ball
Brownwinick Law
Joseph Champagne

“I cannot wait to discover and uncover the many other treasures you have to offer in the legal profession!  Thumbs up!”

Joseph Champagne
Champagne Law Group
Aaron Siddique

“Every member of every division of their company has exceeded my highest expectations. I have been working with them for several months and couldn’t be happier..”

Aaron Siddique
The Siddique Firm
Reginald Osenton

“Great attention to detail in what we're looking for and the onboarding process. Quality Virtual Assistants. Highly recommend.”

Reginald Osenton
Osenton Law
Brenda Abalkhad

“We’ve been working with Hamid and his team for some time now. They deliver exceptional results above and beyond every single time.”

Brenda Abalkhad
Maloyan Law
BJ Abron

“We are blessed to work with Nicole, who is the best account exec there is. She ensures our firm has exactly what we need.”

BJ Abron
Abron Law
Joshua Adelpour

“Couldn't have asked for a better experience. Super responsive to all my requests and revisions, meeting all expectations.”

Joshua Adelpour
Not My Fault Law Group
Jennifer McCallum

“Provided me with an incredible new asset to my firm that has integrated smoothly into my existing team and become indispensable in a very short period of time.”

Jennifer McCallum
PHD, Biotech Patents

What Our Bookkeeping Assistant Do for Your Firm

1099 Processing
Account Payables
Account Receivables
Bank Account Reconciliation
Catch Up Bookkeeping
Debt Collection
Financial Statement Preparation
Invoicing
Monthly Bookkeeping
Payroll Processing
Tax Preparation
Trust Accounting

1099 Processing

Preparation and filing of 1099 tax forms for independent contractors and vendors. Includes data collection, form completion, distribution to recipients, and submission to the IRS by required deadlines.

View Service

Account Payables

Recording and processing of business expenses and vendor payments. Tasks include invoice entry, expense categorization, payment scheduling, and maintenance of vendor records.

View Service

Account Receivables

Tracking of client payments and outstanding invoices. Services include payment recording, aging report generation, and monitoring of collection activities.

View Service

Bank Account Reconciliation

Comparison of bank statements with accounting records. Process involves identifying discrepancies, recording bank fees, and ensuring accurate cash balances across all accounts.

View Service

Catch Up Bookkeeping

Organization and entry of historical financial transactions. Work includes sorting documents, categorizing expenses, recording income, and updating accounting records to current status.

View Service

Debt Collection

Monitoring and recovering overdue client payments through follow-up communications, payment arrangement documentation, and coordination with collection agencies when necessary.

View Service

Financial Statement Preparation

Development of formal financial statements including balance sheets, income statements, and statements of cash flows. Statements follow generally accepted accounting principles (GAAP).

View Service

Invoicing

Creation and distribution of client invoices based on time records and expense entries. Process includes invoice formatting, calculation verification, and delivery to clients.

View Service

Monthly Bookkeeping

Regular recording of financial transactions including income, expenses, and transfers. Services include transaction categorization, account reconciliation, and maintenance of general ledger.

View Service

Payroll Processing

Calculation and distribution of employee compensation. Services include gross pay calculation, tax withholding computation, deduction processing, and generation of pay statements.

View Service

Tax Preparation

Organization of financial data for tax filing purposes. Tasks include document compilation, income and deduction summaries, and coordination with tax preparers.

View Service

Trust Accounting

Management of client trust fund accounts in accordance with state bar regulations. Services include trust transaction recording, client ledger maintenance, and three-way reconciliation procedures.

View Service
Virtual Bookkeeper

Your Partner for Financial Growth

Partner with a team that understands trust accounting regulations and your firm's unique needs—so you can cut in-house limitations and enjoy cost-effective financial management.

Book A Demo
FAQs

Frequently Asked Questions

What is a trust account? 

Are trust accounting services necessary for law firms?

What is an IOLTA account? 

Is having a trust account bookkeeper worth it?