Bookkeeper Niche Development Series
Bookkeeping for
Legal Services
Bookkeeping for Legal Services Workshop
Deliver More Value to Your Legal Services Clients:
Momentum BK understands that bookkeeping and accounting rules are unique to each industry.
By focusing on, and working with the challenges that are specific to your client’s niche industry, you can provide tailored services and insights that competing firms just can’t provide!
This workshop helps you to create more opportunities within your target niche and to use your assets to build a more profitable, sustainable, and consistent business.
IOLTA Compliance
Help clients avoid fines, penalties and even disbarment for the attorney if IOLTA accounts are mismanaged or there are errors in compliance reporting.
Accruals for tracking Reimbursable expenses and Retainers Receivables
Prevent potential loss of revenue and reducing profit margin when there are errors in tracking and under reporting reimbursable client expenses.
Partnership shared expense tracking
Avoid miscalculation of partnership shared expenses and partnership distributions
Specialize Your Bookkeeping Agency
Momentum BK Niche Workshops
What's included in the course...
- Accounting Concepts, Technical Terms and Tasks for this niche
- Demonstration of niche specific operational bookkeeping tasks and required results
- Demonstration of monthly closing processes and required results
- Demonstration of data gathered from external platforms
- Examples of monthly reporting and closing requirements
- Demonstration to present, explain, and discuss results
Bookkeeping Agency Benefits
Deliver Premium Expertise
Specialized expertise returns additional value – for you AND your clients!
Premium Fees. Each niche requires a different level of knowledge, skills, and experience to produce expected results, some industries are much harder than others.
Client Loyalty. A bookkeeper who has the ability to consistently produce accurate results beyond general bookkeeping is hard to find.
Competitive Advantage. Market opportunities are better if the service providers are specialized, reducing the number of competent providers.