Lawyers Trust Accounting

Statutory Trust Accounts Updates & Bank Reconciliation

We ensure your trust accounts are updated accurately and in line with all regulatory requirements. Our team performs precise daily and monthly bank reconciliations to maintain full compliance and provide complete financial transparency.

EOM Process and Reporting

We manage the full end-of-month (EOM) process, including reconciliations, ledger reviews, and preparation of mandatory trust account reports. Our structured approach ensures your records are audit-ready and compliant with Legal Practice Board standards.

Monitoring of Statutory Deposit

We closely monitor statutory deposits to ensure all funds are correctly tracked, recorded, and managed according to regulatory guidelines. You can rely on us to maintain accurate documentation and alert you promptly to any required adjustments.

Liaison with Your Trust Account External Examiners

We act as the bridge between your firm and external examiners, ensuring all trust account records are accurate and audit-ready. Our support streamlines communication, reduces delays, and makes audits stress-free.

Accounting Software Support & Integration

We provide expert support for Xero, QuickBooks Online, and MYOB, including setup, data migration, and ongoing assistance. Our services help streamline bookkeeping, reduce errors, and give your firm real-time financial insights.

Let’s Simplify Your Finances

Take the first step towards organised, stress-free bookkeeping today.

Contact Diamond Bookkeeping Services for a free consultation and discover how we can help your business thrive.

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