Bookkeeping for Law Firms
When running a law firm that is focused on growth, effective financial management is essential for success. Bookkeeping is often seen as a routine task. Bookkeeping done by Firmly Profits can be a valuable tool to help drive your success.
At Firmly Profits, we specialize in optimizing bookkeeping to provide valuable financial insights. Our approach emphasizes detailed categorization of expenses, enabling law firms to make informed decisions based on accurate financial data.
Monthly bookkeeping services include the following:
- Weekly categorization of expenses
- Monthly reconciliation
- Accounts payable
- Accounts receivable
- Monthly financials sent to you
- 30 minute monthly meeting to review financials
The ultimate goal of our approach to bookkeeping is not only tax preparation but also providing businesses with the financial data needed for strategic decision-making. By understanding where money is allocated and where it generates the most return, businesses can refine their strategies and work towards their growth goals.
Firmly Profits helps businesses gain a deeper understanding of their finances through expert bookkeeping services. This knowledge empowers law firm owners to make intentional decisions that drive success and support growth.
Written By Leah N. Miller, MBA
My name is Leah N. Miller, MBA, founder and CEO of Firmly Profits. Starting as a paralegal, I worked my way up to become a firm administrator and CFO of a personal injury law firm in Fort Myers, Florida.