Trust and Business Accounting for law firms

Trust & Business Accounting 

Trust and controlled monies ledgers, statutory deposit calculator and ledger, multiple trust to office transfer processing, property settlement calculator, simple trust reconciliation and statutory compliance month-end report.

Permits online access for your trust account external examiner and business accountant for easy review of law firm accounting records.

Three reconcilable business cashbooks and simple, cash or accrual accounting options,.

Customisable chart of accounts, and easy bank transaction file import.

AI for fast GL allocation, all BAS and financial reports, seamless trust to office processing and integrated debtors, graphical business insights analytics.

Excel data export function for easier Tax and financial preparation by external accountant.

Trust account statutory month-end reports, Work in Progress, matter and fee earner billing reports, BAS and financial reports (cashbooks, sales journal, net movement, etc) as well as business analytics.

Time and work activity recordkeeping - time clocks and timesheet.

Invoicing for lump sum, itemised and 'but say' billing formats, client notice compliance, trust withdrawal authorisation and customisable invoice template.

Fee consent and costs disclosure management. Easy email or mobile messaging of invoices for faster client payment.

Practice registers for matter files, safe custody, investment, power and estates.

Local help team, email helpdesk, online training and help library. We handhold new clients through the data conversion and setup stage, including assisting with the first bank reconciliation to ensure accounting conversion is correct for ongoing compliance and business reporting.

Our support team has a thorough understanding of legal profession compliance and business management issues and requirements, and are happy to share their expertise.

All software updates for new compliance requirements and technology changes are immediately available, without effort or additional cost to you.

“Once again, you are the best and cabenet’s support team is numero uno.” 

Sole practitioner NSW

SMALL FIRM

  • Up to 3 users
  • No matter limit
  • Level 1 data storage
  • No minimum commitment
$ 80
total ex. GST per month

MEDIUM FIRM

  • Up to 7 users
  • No matter limit
  • Level 2 data storage
  • No minimum commitment
$ 180

total ex. GST. per month

LARGE FIRM

  • Up to 15 Users
  • No matter or data limit
  • Multi-office control and reporting
  • Three month commitment
$ 375

total ex. GST. per month

ENTERPRISE

  • 16 or more users
  • Private cloud storage option
  • Customisation
  • 1 year commitment
$ ASK

Trust & Business Accounting Plans