An attorney barely has time to stop and eat his or her lunch much less keep up with every minute of their schedule. Since attorneys are traditionally paid by the hour incorrect time reporting can negatively affect a law firm’s bottom line. Our law firm CPAs understand how imperative accurate time management and record keeping is for the longevity of a law firm.
Law firm accounting softwares are an essential piece of the legal landscape. There was perhaps a time when an attorney could try to keep all their appointments and responsibilities written down on paper, but over the years that has proven to be inefficient. Now, a lawyer relies on the law firm’s financial reporting software to alert them to who he or she needs to invoice next.
Cosmolex is one of the premier law firm financial reporting software that many lawyers need to increase their productivity. Cosmolex is endorsed by more than twenty state bar associations and it is used by countless law firm accountants and CPAs. Lawyers identify value in Cosmolex because it makes the process of scheduling their day and juggling clients run smoothly. Our Atlanta law firm bookkeepers agree that they cannot imagine going back to a time before they were able to help reconcile the Cosmolex software platform into the QuickBooks Online platform.
Bringing Reports Together
Our team of law practice accountants and bookkeepers often credit Cosmolex with making system integrations a much easier task. There are so many pieces of financial information floating around a law office that excellent law firm accounting is a must. Cosmolex’s ability to conveniently integrate into the accounting platforms like QuickBooks online streamlines our law firm accountants, bookkeepers, tax specialists and CPAs time spent managing and reconciling financial statements and reports. Having all records in one place means that there is less of a chance of losing records or having human error play a big role in the law firm’s financials.
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