Different locations, varied billing practices, and multiple teams make it hard to maintain consistent financial records. We optimize law firm financial management by providing an integrated solution that transforms legal billing from start to finish. Our financially focused workflow connects time tracking, invoicing, payment collection, and accounting—precisely tailored to meet the unique financial needs of […]
The lender’s verified annual income acts as the denominator in the critical Debt-to-Income (DTI) ratio calculation. The DTI ratio is the sum of all monthly debt payments, including the proposed mortgage payment, divided by the total verified monthly gross income. Net Annual Income, often referred to as take-home pay, is the amount remaining after all […]
Monitoring cash flow helps ensure funds are available for daily operations. Outsourcing bookkeeping reduces common accounting mistakes. Experienced professionals manage complex legal accounting rules. This keeps firms protected from financial and compliance risks. Income, expense, and trust reports are generated on a regular schedule. Reports present financial data in a clear and understandable format. Legal […]
This includes verifying deposits, withdrawals, and any other financial activities. It’s important to ensure that each transaction is accurately recorded in both the bank’s records and the company’s accounting system. The bank balance may differ from the ledger balance due to outstanding checks, deposits in transit, or bank errors. Cash Book and Bank Statement Check […]