Accounts | Legal Accounting Software for UK Law Firms - Denovo

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Start-up Advice & Guidance

We can also provide you with start-up advice and guidance making sure your accounts are on the right track at the outset.

The Law Society of Scotland regulates how firms manage client’s money. The Solicitor’s Accounts Rules are complex and technical, but mandatory. Our Legal Cashiering Service takes away that worry as we ensure compliance with the Accounts Rules. We only employ experienced and qualified Cashroom professionals.

accounts benefits

Cashroom Service – What We Do

Ensure compliance with Law Society of Scotland’s Accounting rules
Processing daily receipts and payments
Processing fees (fee notes can be sent to us by email or alternatively you can raise on the system and we would process)
Allocate receipts to outstanding fees
Month end processing and reporting
Complete bi-annual Accounts Certificate
Make BACS and CHAPS payments from client bank (you would be required to requisition a debit slip showing payee bank details and any required reference)
Email to advise when funds have been received into bank account

Print bank statements (we would need login details to access bank statements online). Alternatively, someone can email the statements to us.
Daily bank reconciliation of all bank accounts
Allocate SLAB remittances (you can provide us with login details to access the remittance ourselves or someone can email the remittance prior to payment being received)
Monitoring abatement of Legal Aid Fees
Complete and submit VAT return to HMRC quarterly
Provide a daily surplus figure to take to Firm (if have bank access can do the transfer also)
Pay firm invoices (invoices should be emailed to us we would pay when due)
Process payroll

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