We all know that regulation college doesn’t educate attorneys easy methods to run a enterprise. Even so, regulation corporations face larger monetary complexity than different professions as a result of we maintain cash as custodians on behalf of different individuals in particular accounts particularly created for that objective. Managing belief accounts (often known as IOLTA accounts), their recordkeeping, and reporting, or failing to take action, are among the many commonest methods legal professionals face disciplinary motion.
Happily, we’ve come a good distance from the times of ledger books and even spreadsheets. In the identical means that Microsoft Phrase is the sine qua non of enterprise writing, and Adobe Photoshop fulfills the identical function for digital artists, QuickBooks performs that half for enterprise accounting, particularly small enterprise accounting. And simply as Phrase and Photoshop supply rising web-based variations, so too does QuickBooks with QuickBooks On-line.
Rocket Matter, an revolutionary, feature-rich regulation apply administration system (LPMS), and one of many earliest on-line LPMS instruments, gives a strong integration with QuickBooks On-line. The mix of those best-of-breed merchandise ensures simple, stress-free, and exact belief account administration.
Straightforward to Activate
It takes just a few clicks to attach Rocket Matter with QuickBooks:
- Click on on the Accounting module on the left navigation panel in Rocket Matter;
- Choose QuickBooks, then toggle the mixing on;
- Check in to QuickBooks when prompted; and
- Choose your organization from inside QuickBooks.
That’s it. With these 4 easy steps, you’ve linked the 2 packages.
On the QuickBooks On-line aspect, there are some further configuration steps. In fact, Rocket Matter is right here to assist. Their specialists have ready a help article and PDF guide to make sure you get the most effective interoperability accessible, maximizing the strengths of every program.
Straightforward to Use
As soon as linked and configured, Rocket Matter and QuickBooks work collectively to assist your apply, making routine duties easier whereas offering a whole view of your monetary image.
Consider the monetary actions you carry out in Rocket Matter. A listing probably consists of:
- Creating invoices and recording their cost;
- Altering invoices, together with reductions and write-offs;
- Monitoring matter “onerous prices,” like submitting charges; and
- Monitoring consumer belief accounts.
Rocket Matter’s QuickBooks integration helps with all of those.
Conveniences of the mixing embody:
- The flexibility to sync complete deposit slips between Rocket Matter and QuickBooks, moderately than having to the touch particular person transactions, bettering accuracy and pace for batch deposits;
- Simplifying reconciliation to get rid of the necessity for guide changes;
- The potential to customise your agency’s bill cost syncing between Rocket Matter and QuickBooks; and
- Better visibility into transaction particulars with complete syncing logs.
Straightforward to Respect
A powerful accounting system makes the day-to-day duties of monitoring payments, bills, and funds as easy and simple as potential. It places the fitting instruments and knowledge the place you need it within the kind you want it. Rocket Matter’s integration with QuickBooks passes these assessments with flying colours.
The mixed energy of Rocket Matter’s industry-leading LPMS and QuickBooks’ monetary instruments are supported and complemented by Rocket Matter’s relentless concentrate on serving to attorneys. Rocket Matter works with you on the customization of basic ledger accounts and providers, so you may concentrate on practising regulation whereas their skilled personnel deal with the monetary setup. And, in fact, it’s all backed by the Rocket Matter workforce, with buyer assist accessible 24/7.
The Rocket Matter-QuickBooks integration is a game-changer for streamlining monetary administration and making certain accuracy. Be taught extra about it by visiting Rocket Matter’s website.
Final up to date September thirteenth, 2024
