As a CPA firm that’s used to serving law firms across a variety of practice areas, Graber & Associates, CPAs has a thorough understanding of IOLTA (Interest on Lawyers Trust Accounts) and trust accounting reporting regulations. We know that law firms are legally obligated to manage their client funds responsibly, but maintaining these records in accord with State guidelines can quickly become an accounting nightmare, unless you get help from a trusted financial professional. We can perform the back office accounting tasks related to IOLTA so you can be confident that this data is being monitored correctly throughout the year.
As Maryland Certified QuickBooks ProAdvisors, we’ll set up your chart of accounts in QuickBooks to accurately track client revenue and expenses. We’ll also reconcile your trust accounts on a monthly basis so your recordkeeping is up-to-date and you’ll always have a clear grasp of how these accounts are performing.
Call us now at 410-466-3779 or request a consultation through our website to learn more. We work with both solo and multi-partner law firms in the Mid-Atlantic region.