LegalPac & the Accounts

• Pre-set or user defined Chart of Account is made easy for computerised system
• Address unique industry compliance, i.e. trust accounting. Records and safeguard client’s fund placed under legal firm’s trust
• Eliminates manual posting for Payment Vouchers, Receipts, Bills, Credit Notes and Non-Cash transactions
• Eliminates possible human error or unbilled transactions, i.e. disbursements, time cost and other cost recoveries with the automation of disbursement billing
• Ease of management in areas such as fixed deposits, stakeholders, client account balances, bank balance distribution and control
• Cater for both online and batch posting according to the legal firm’s needs
• Easy bank reconciliations to avoid any discrepancies and unauthorised withdrawals.
• Accounting information, whether it is by file or by client, is available online and real-time, up to the very minute
• Comprehensive analysis on firm’s performance with the assistance of meaningful financial and operational reports
• Efficient accounts managementadhoc exceptions reports and a host of operational reports such as Ageing List, Statement of Accounts, Time Cost Analysis etc.
• Efficient control of finance of the firm with timely production of financial reports, such as Balance Sheet, Profit & Loss Statement, Cash Flow Statement and comparison reports