Resource Link: https://www.pearltrees.com/vermaapps3889/item425420117
Searching for the best accounting software for the lawyers as they need to keep the records of clients manage bills, and many other accounting things which consume their lots of time and they can’t focus on the cases on time. QuickBooks' best accounting software helps you to overcome these issues helps in all the accounting problems and legal issues and saves time so that they can focus on their work. In this article, you will learn how QuickBooks for lawyers helps firms to grow and what is the advantage they will get while using QuickBooks.You can get the financial statements, cash flow statements, have a balance sheet, and can create reports.

Things that can be done by Lawyers while using QuickBooks
Track Time and Retailers
In a law firm, time places a vital role and helps in tracking the retailer's money that helps in managing the retailer's bound.

1. Manage Bills
It helps in bill management helps in custom billing, you can specify your rates and assist your partners.

2. Invoice Creation
You can create your invoice including billable hours etc. and QuickBooks helps in customizing the creation of invoice templates.

3. Client and Vendor Management
You can save the contact information and see the transactions of clients as well as vendors.

4. Anywhere Access
You can access your books of account from any device like a phone, tablet, laptop, etc. at anywhere and anytime.

5. Statement of Finance
You can get the financial statement, cash flow statement, have a balance sheet, and can create reports.

6. 24*7 Technical Support
If there is any issue related to the accounting or any other issue there is always a helping hand that is available for you at any time.

7. Collaboration is Easy
Many clients will be eager to collaborate as you have the correct data to deal with. And lawyers can work on a single case sitting in multiple locations.

8. Automatic Accounting Task
QuickBooks helps to connect to your bank account to avoid data entry and helps in the updation of books of account and records payment from clients.

How to make Accounting Charts in QuickBooks For Law Firms
Follow simple steps to set up charts of Accounts
1. Create a separate “Client Trust Fund Control” bank account. This will help in tracking all the deposits and payments of the client.
2. Contact your banker for ATM access and confirm that the account has an automatic overdraft.
3. Rename Payable account which helps in entering day-to-day operations of the law firm.
4. Set another payable account that tracks and keeps records of payments and bills of clients.
5. Set another liability “Client Trust Liability” that tracks the deposit of clients and other costs.

Third-Party app for Law Firm and Attorneys
QuickBooks is one of the best accounting software but it is not that perfect for some other law firms so QuickBooks is Integrated with other accounting apps.
1. Clio
2. Time tracker + Legal
3. LeanLaw

The team is valuable for the law firms and QuickBooks helps in the boost of technology. It helps in accessing data from anywhere at any time helps to store data, provides security privacy to the law firm. If you have any doubt related to accounting software for law firms consult our legal experts QuickBooks Proadvisor or contact: +1-877-355-0435.