For Law Firms & Attorneys

Bookkeeping for Legal & Law Firms

Daxable provides outsourced bookkeeping for law firms, built around the compliance obligations that make legal bookkeeping different from every other business. IOLTA trust accounting, monthly three-way reconciliation, correct treatment of unearned retainers, and matter-level cost tracking are not best practices for a law firm — they are ethical obligations enforced by every state bar, where a mistake means discipline, suspension, or disbarment. Our QuickBooks-certified team maintains your operating and trust accounts separately, performs three-way reconciliation across your bank statement, trust ledger, and individual client ledgers every month, and ensures no client funds are recorded as firm revenue until properly earned. Everything is delivered on a flat monthly subscription with no setup fee. We do not practice law or give legal advice; we handle the financial recordkeeping that protects your license and shows you which matters and practice areas actually make money.

GAAP-Compliant QuickBooks-Certified Dedicated Team Month-to-Month · No Setup Fee

The bookkeeping problems costing legal & law firms the most.

IOLTA trust-account compliance is a license-level risk

Commingling client funds — even briefly — is a serious bar violation, and most generalist bookkeepers do not understand three-way reconciliation or the titling rules that govern a trust account.

We keep operating and trust accounts strictly separate, ensure correct account titling, and perform documented monthly three-way reconciliation that ties bank, trust ledger, and client ledgers to the penny.

Matter-level cost allocation falls apart without discipline

Tracking expenses per case and client requires a structured chart of accounts most generalist bookkeepers lack, so firms cannot see which matters are profitable and which quietly lose money.

We structure your books to capture matter-level expenses and, where your billing system supports it, align income recognition to matter milestones — so leadership sees where time and money actually go.

Retainers booked as revenue distort the firm's financials

Recording an unearned retainer as income overstates revenue, creates a trust-accounting problem, and misleads partner-distribution decisions.

We hold every retainer as a liability until properly earned, never recording client funds as revenue prematurely, and keep clean records ready for any bar trust-account audit.

Dedicated bookkeeping. Flat monthly subscription.

Bookkeeping & Trust Accounting

IOLTA-compliant bookkeeping, monthly three-way reconciliation, and matter-level tracking by a QuickBooks-certified team.

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From conversation to clean books in about two weeks.

01

Book a discovery call

We scope your legal & law firms bookkeeping needs in 30 minutes. No prep required.

02

Matched & onboarded

We assign your dedicated, QuickBooks-certified bookkeeper and document your standards before touching a file.

03

Ongoing delivery

Clean monthly books on your schedule — month-to-month, no lock-in.

Questions legal & law firms ask.

Does Daxable handle IOLTA trust accounting?

Yes. We maintain operating and trust accounts separately, ensure correct trust-account titling, and perform documented monthly three-way reconciliation that satisfies state bar requirements.

Do you give legal or tax advice?

No. Daxable is a bookkeeping provider. We do not practice law, give legal advice, or file tax returns; we handle the financial recordkeeping that protects your license and work alongside your attorneys and CPA.

Can you track profitability by matter or practice area?

Yes. We structure your chart of accounts to capture matter-level expenses and, where your billing system supports it, align income recognition to milestones so leadership sees true matter and practice-area economics.

What if our trust records are already out of balance?

Our onboarding cleanup traces where the discrepancy originated, corrects the ledger so the three-way reconciliation ties out, and documents the remediation — which matters if your bar ever asks questions.

What software do you use?

QuickBooks Online, configured for law-firm use with separate operating and trust ledgers and client sub-accounts. Your QuickBooks file stays owned by you.

QuickBooks Certified · GAAP · Month-to-Month · No Setup Fee

Ready to get your legal & law firms books handled?