Bookkeeping and Accounting for Real Estate Lawyers

As a real estate lawyer, you require detailed and accurate financial management to keep track of your firm's income, expenses, and overall financial health. Bench Accounting offers specially tailored services to meet your needs. Our team of experienced bookkeepers can manage everything from general ledger entries, invoicing, payroll, financial statement preparation to year-end tax documentation. We understand the unique challenges faced by legal firms in real estate and can accommodate the ebbs and flows of your business.

Our services also include preparing crucial financial reports which you can use to analyze your cash flow, profitability, and solvency, as well as making informed decisions for the growth and sustainability of your firm. Additionally, Bench Accounting uses secure, top-quality accounting software ensuring your financial data stays confidential and accessible whenever you need it.

By delegating your financial management to Bench Accounting, you can focus more on serving your clients and less on bookkeeping. Allowing us to handle your firm's financial commitments means you'll have accurate and current financial information at your fingertips, leaving more time to concentrate on what you do best - practicing law.

At Bench Accounting, we have a team of experienced bookkeepers who are proficient in managing accounting specific to real estate transactions. For property purchases and sales, we ensure all transactions are recorded accurately, including but not limited to property costs, taxes, commissions, and revenue gained. When it comes to rentals, we manage monthly income entries, expenses incurred, rental tax calculations, and the like. We strive to provide comprehensive accounting solutions that are compliant with legal regulations, thereby giving real estate businesses the confidence they need in their financial data.

Yes, Bench Accounting can certainly help in ensuring that your real estate law practice remains compliant with all financial legal regulations. Our team of expert bookkeepers are knowledgeable about various industry-specific financial requirements and can ensure that your accounts adhere strictly to these guidelines. This allows you to focus on your law practice with the peace of mind that your financial obligations are well taken care of.

Nope! All bookkeeping is completed in-house.

Your bookkeeper will be your main point of contact, but at times you might hear from another member of your team. This is usually when your bookkeeper goes on vacation, is sick, or otherwise unavailable.

We handle the bookkeeping for you but sometimes we’ll need your input, especially at year-end. On average, expect to spend 15 minutes each month answering questions for your bookkeeper, or uploading supporting docs.