STAY IN COMPLIANCE
Your virtual accounting team.
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Offer Remote Services Only Using PCLaw and QuickBooks
Bookkeeping and Accounting Services to Law Firms Across BC.
GET PROFESSIONAL HELP | CPA
Law Firm Bookkeeping – CNC is a Coquitlam based CPA firm provides trust audits, trust bookkeeping and income tax return services to lawyers. We provide, weekly, monthly, quarterly and annual law firm bookkeeping and accounting services according to your needs. Serving from sole practitioner to multiple lawyers firms from lower mainland to Smithers BC. Our services are limited to virtual (remote) only and not client in-house.
We are equipped with the modern cloud based technology. Distance is a thing of the past. With video meetings on demand, cloud document management system, and instant messaging system, we are your virtual accounting department in your office. We will prepare the reporting package required by BC Law Society to stay you in compliance, a complete peace of mind. We also offer customized financial reports for your special needs so you can make a timely sound business decision.
As we performed a number of law firms audits, we know what BC Law Society requires to have a clean set of accounting books. Unlike other accounting and bookkeeping firms, our knowledgeable and professional bookkeeping staff is supervised directly by Chartered Professional Accountants. They are also actively involved in the routine accounting and bookkeeping services process. It means your reports are accurate and timely to make a well informed critical business decision and stay in compliance with the BC Law Society.
Offer Remote Services Only Using PCLaw and QuickBooks
Bookkeeping and Accounting Services to Law Firms Across BC.
We provide weekly bookkeeping services to law firms to meet BC Law society rules under section 3-72(1)(a), i.e., A lawyer must record each trust or general transaction promptly, and in any event not more than (a) 7 days after a trust transaction, or (b) 30 days after a general transaction. We support both PC Law and QuickBooks to maintain accounting books.
We will maintain all trust and clients’ ledgers to meet BC Law Society rules as described in sections 3-73(1) & (2). We will prepare a detailed ledger of trust liabilities and client ledgers and will reconcile them. This is one of the most reportable exceptions noted by BC Law Society in the trust audit every year.
By maintaining an AP ledger, you will be in control of your disbursements and expenses. An AP report will help you to recover your disbursement, such as BC Online, LTSA, and Dye & Durham expenses, etc.
If you are a new law firm, setting up the books is very critical to get a clear picture of your practice. We have a number of years of experience in setting up customized chart of accounts specifically designed for law firms.
We are licenced and registered with BC Law Society to perform the Trust Audit and prepare an Accountant Report C.
We help law firms to take advantage of opportunities to minimize taxes and build wealth inside the corporation. Tax planning is an ongoing process. We take a holistic approach, unlike other accounting firms, we review and take into consideration both personal and business tax affairs to minimize taxes.