Bookkeeping software for law firms
Law firm bookkeeping software has to keep operating and trust bank accounts separate and reconciled. Adopt brings in every transaction, suggests the category with the reason behind it and reconciles each account to the cent.
How law firms handle this today.
Two kinds of money. Client funds and firm funds must never be mixed.
Costs paid for clients. Filing fees and couriers go on the firm card and need to be recovered.
Lawyers do not code expenses. Card charges arrive with no explanation.
Reconciliations slip. A busy month pushes them to the next one.
Law firm bookkeeping, account by account
Adopt prepares the work in the background. Your team reviews and approves it, and every approval stays on the record.
Connect your accounts
Link bank and card accounts, or upload statements. A statement uploaded twice is not added twice.
Suggested categories
Fee deposits, advanced costs, rent and software each get a suggested account, with the reason shown.
Accept or change
Accept in bulk or one row at a time. Nothing is applied until you accept it.
Reconcile and report
Accounts reconcile to their statements, to the cent, and monthly statements are ready to review.
What changes for law firms
Each bank account on its own
Operating and trust accounts reconcile separately, to the cent.
A trail on every category
See where each category came from and who accepted it.
Nothing applied without a person
Suggestions wait until someone on your team accepts them.
FAQs
It records and categorizes a firm’s income and expenses and reconciles its operating and trust bank accounts. Adopt prepares that work and your team approves it.
No. Client ledgers stay in your practice management system. Adopt reconciles each bank account, including a trust account, to its statement. It does not check compliance with your bar’s trust rules.
Adopt suggests a category for each transaction and shows why. Nothing is applied until someone on your team accepts it.
No. Adopt works on its own. A business without any accounting system can start on Adopt and keep its books there.
More software for law firms
Bookkeeping software for other industries
Firm books, account by account.
You approve every entry.
Start free and connect your first account. Adopt works on its own, so you do not need another accounting system to begin.
