Monthly Procedures:
1) Trust Bank Reconciliations
2) General Bank Reconciliation
3) Credit Card Reconciliation
4) Essential back up of PCLaw data and closing the books for month end
5) Reconciliation of Subledgers (Client Trust, Disbursements, Trust A/C Payable & A/C Receivable) with General Ledger
6) Preparation of required Management Reports (Lawyer’s Time, Fees billed and collected and Accounts Receivables)
7) On going support for PCLaw
Periodic Procedures:
1) Verifying bank journals/credit card expense
2) Journals and Billing Journals for HST payable / input credits
3) Prepare HST Returns
Annual Procedure:
1) Prepare financials statements & required documents ensuring accuracy of yearly journals
2) Comprehensive review of financials
3) Backup legal records through PCLaw and close year end
Please contact us with the form below or email us directly at info@jscpass.com and let us know what you need assistance on and we will contact you within 48 hours. Thank you!