ENSURING SRA COMPLIANCE FOR SMALL LAW FIRMS*
Well that’s one headache sorted out! Our Acorn Package is for aspiring lawyers who have that entrepreneurial approach. To most people, processing and comprehending a legal document is impossible. For lawyers, it seems processing the accounts is an equally daunting experience, however, here at LFC, we put all the necessary processes, training and support in place. Alternatively, you can spend endless hours of your own time reading how your systems should be set up, the rules about GDPR and the annual preparation of reports etcetera, or you can simply allow LFC to ensure it’s all done for you! When you are a start-up company, the only thing on anyone’s mind is winning business, not “How do I sort out my accounts so I am SRA compliant?”
WHAT’S INCLUDED
- Up to 50 transactions pcm (Bank Statement Lines)
- Annual preparation of SRA compliance reports
- Bookkeeping
- Monthly client account reconciliations, Monthly trial balance report, Monthly client to office transfer report
- Monthly office account reconciliation, Monthly P&L and balance sheet and VAT submission
- Cashflow forecast spreadsheet
- Monthly Aged Debtor Report
- Accounts payable processing
- VAT returns
- Quarterly review and feedback
ADDITIONAL SERVICES
- Additional transactions
- One off onboarding fee for data transfer
- Invoicing
- Quarterly management accounts
- Assistance with Individual accounts preparation
- LA Billing – Police Station, Magistrates and Crown Court
