Bookkeeping For Law Firms in Greater Boston
Helping Massachusetts Attorneys keep their books organized, trust accounts clear, and financials ready for taxes
Running a law firm already demands your full attention. Client matters, court deadlines, and managing a growing case load. Your bookkeeping should not be the thing that follows you home at the end of the day.
We help law firms across Greater Boston and Middlesex County keep your QuickBooks organized, help track client reimbursements properly, and maintain clear records for your operating and IOLTA accounts.
Running a Law Firm Is Hard Enough and Your Books Shouldn’t Be Making It Worse
Your firm has grown over the past few years; and the financial side of the business has become complex.
You deal with:
- Recording daily client payments and deposits properly
- Keeping track of expenses for client reimbursements
- An IOLTA that has grown more than you could have imagined
- Accurately transferring funds from your IOTLA to Operating when revenue is recognized.
- Managing monthly profitability budgets against attorney hourly billings
Having to do all these things and then learn how everything effects your accounting, while trying to learn QuickBooks at the same time, is frustrating.
You need a bookkeeper who has done it before and can help you.
This Is How We Help Law Firms Keep Their Books
Our goal is simple: keep your books accurate so you can focus on your firm.
1. Cleanup Your Books
We cleanup your QuickBooks and structure your accounts so your reporting reflects how your law firm operates.
2. Maintain
Monthly Records
Your QuickBooks is updated weekly. Your transactions are categorized, client payments recorded, and accounts reconciled.
3. Deliver Monthly Reports
You will receive monthly Profit & Loss statements to help understand your firm’s performance.
Bookkeeping Service Options for Law Firms
- Monthly Bookkeeping Services
Ongoing services that allow you to put your bookkeeping on autopilot every month and receive Profit & Loss reports automatically.
- Bookkeeping Cleanup
It may have been a while since your books were updated, this will clean it up to the present month.
- QuickBooks Online Migration
If you have a different accounting software and are moving to QuickBooks Online, we can help with your setup and maintenance.
Why Law Firms Choose To Work With Us
The level of top-tier service you provide for your clients is exactly how we treat our client relationships.
Attorneys come to us after dealing with confusion on QuickBooks, slow responses from other bookkeepers, and financial reports that don’t clearly show the performance of your firm.
Our goals are simple. Keep your books organized, give you accurate reports, and have you prepared to file taxes with your CPA. So much so that you will want to brag to
them this year.
Client Testimonials
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We began communicating with Troisi Bookkeeping last year and we have been impressed with their depth of knowledge and expertise. They were especially helpful this past week as we got our books prepared for our taxes. We highly recommend them!
- Jay
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Working with Troisi Bookkeeping has been one of the best decisions I’ve made for my business. My books used to be a mess and it would cause so much stress trying to get everything organized for tax season. Now I never have to worry about anything, it’s all done for me and I can focus on growing my business instead of stressing about the books. 10/10 recommend for any small business owner out there!
- Tyler C.
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Quick and very easy to deal with for my books and answered every questions I had.
- Martin R.
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Troisi Bookkeeping has been an excellent partner in every aspect. The team is extremely professional and responsive, consistently delivering high-quality service. By outsourcing our bookkeeping to Troisi Bookkeeping, we have gained a significant amount of time that can now be dedicated to billable work. This has not only improved our efficiency but also positively impacted our bottom line.
We highly recommend Troisi Bookkeeping for their outstanding service and dedication.
- Ryan B.
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We began communicating with Troisi Bookkeeping last year and we have been impressed with their depth of knowledge and expertise. They were especially helpful this past week as we got our books prepared for our taxes. We highly recommend them!
- Jay
Frequently Asked Questions
Q: Do law firms need specialized bookkeeping?
Yes. Law firms often have unique financial needs such as client trust accounts, case expenses, and detailed revenue tracking. Professional bookkeeping helps ensure transactions are recorded correctly and financial records remain organized.
Q: Can a bookkeeper work with my CPA?
Absolutely. Many law firms use Troisi Bookkeeping Services to maintain their financial records throughout the year while their CPA focuses on tax preparation and tax strategy.
Q: How often should law firm bookkeeping be updated?
Most law firms benefit from monthly bookkeeping. This ensures accounts are reconciled regularly and financial reports remain accurate and up to date.
Q: What bookkeeping software do you recommend for law firms?
QuickBooks Online is one of the most commonly used accounting platforms for small and mid-sized law firms. As a Certified QuickBooks Online ProAdvisor, Matthew Troisi helps law firms set up and maintain their QuickBooks systems correctly.
Q: Can you help if my law firm’s books are behind?
Yes. Bookkeeping cleanup services are available to organize financial records that are months or years behind. Once the cleanup is complete, ongoing monthly bookkeeping can keep everything organized moving forward.
Q: Do you work with solo attorneys or only larger firms?
Troisi Bookkeeping Services works with solo attorneys, small firms, and growing legal practices throughout Massachusetts.
Take control of your finances today. Call Troisi Bookkeeping Services, LLC, in Billerica, MA, at 857-264-5009 to schedule your free consultation and start building financial clarity you can rely on.