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Bookkeeper for Lawyers in Ontario2025-02-07T15:09:10+00:00

Bookkeeping & Accounting for Lawyers

Running a successful law firm requires more than legal expertise—it demands accurate bookkeeping and financial management. Lawyers must keep track of client trust accounts,manage expenses, and ensure compliance with legal bookkeeping standards. At Orbit Accountants, we provide expert bookkeeping for lawyers, helping you stay on top of your financial obligations without the hassle.

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 What Makes Orbit the Best Bookkeeper for Lawyers?

Legal bookkeeping is different from standard bookkeeping. Law firms deal with client trust accounts, interest on lawyer trust accounts, and strict financial compliance rules. At Orbit Accountants, we specialize in bookkeeping for lawyers, ensuring accuracy, transparency, and compliance with industry regulations.

We Get You Started
Our team dives deep into understanding your business, answers all your questions, links your accounts, and guides you in using Orbit Accountants efficiently.

We Manage Your Bookkeeping
Your dedicated bookkeeper categorizes transactions and prepares financial statements monthly, ensuring you’re always informed and compliant.

We Provide Tax-Ready Financials
With expertise in local tax regulations, we tailor our services to meet your business needs, providing you with ready-to-file financials

Here’s why Lawyers like you trust Orbit Accountants with their bookkeeping and accounting

Get Fast, Unlimited Support from Our Expert Advisors

We’ll reach out regularly with bookkeeping updates. Have pressing questions that can’t wait? Our expert advisors are here to help, and we guarantee a response within one business day or less. Enjoy peace of mind knowing you have unlimited support whenever you need it.

See Where You’re Spending. Make Smart Decisions

Say goodbye to piles of paperwork and time-consuming manual tracking—we automate inputs directly from linked accounts. With insights from one central dashboard, you can easily understand the health of your business and make strategic decisions with confidence.

Simplified Tax Season

Orbit’s year-end package comes equipped with everything needed for tax filing. By upgrading to our Premium service, you benefit from expert tax preparation, filing, and year-round advisory support, significantly lightening your load.

Law Firm Bookkeeping: WhyIt’s Essential

Bookkeeping for lawyers is more than just recording transactions. It plays a key role in staying compliant, managing cash flow, and keeping trust accounts in order. Unlike other businesses, law firms must follow strict accounting rules, especially when handling client funds. Failing to maintain accurate records can lead to serious compliance violations, tax penalties, and financial mismanagement.

Without professional bookkeeping, law firms face:

  • Mismanagement of Client Trust Accounts–Law firms are required to keep client funds separate from business accounts. Errors in trust account handling can lead to disciplinary action and legal consequences.
  • Financial Inaccuracy–Poor record-keeping makes it hard to track law firm income,expenses, and financial obligations. Without accurate financial reports, law firms can lose sight of profitability and tax liabilities.
  • Missed Tax Deductions–Lawyers have eligible business deductions, but without proper tracking, firms risk missing tax-saving opportunities.
  • Cash Flow Issues–Delayed invoices, missing expense records, and poor cash flow tracking can disrupt daily operations and cause financial strain.

Flexible Pricing Options

We can tailor your package depending on your stage of growth

Starter

Annual Subscription

C$175 /mo

Essential

Annual Subscription

C$345 /mo

Growth

Annual Subscription

C$595/mo

Professional

Starting at

C$955/mo

Frequently Asked Questions

How do I get started with Orbit Accountants?2024-08-06T19:07:23+00:00

Getting started is easy. Contact us for an initial consultation, and we’ll create a customized bookkeeping plan for your online store.

What makes Orbit Accountants different from other bookkeepers?2024-08-06T19:06:15+00:00

Our specialized experience with online stores and our commitment to accuracy and customer service sets us apart. We provide customized solutions to meet your unique needs.

Are your services affordable?2024-08-06T19:05:38+00:00

Yes, we offer competitive rates for our high-quality bookkeeping services. Our goal is to provide excellent value and support your business’s financial health.

How can Orbit Accountants help my online store grow?2024-08-06T19:05:00+00:00

By managing your bookkeeping, we free up your time to focus on expanding your business. Our detailed financial reports provide insights that can help you make strategic decisions.

What services do you offer for online stores?2024-08-06T19:04:12+00:00

We offer a range of services including sales and revenue tracking, expense management, inventory management, tax preparation, and financial reporting.

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