Legal Cashiering Service - How it works
LawPro employs experienced and professional legal cashiers who can work alongside you and cater to the needs of your firm. Whether you simply require bank reconciliations, postings, disbursements, My Cashier can help.
Our cashiers discuss your needs and we formulate a cost effective monthly plan that you sign up to and we ensure that your basic accountancy requirements are taken care of.
My Cashier is a remote cashiering solution. Our cashiers log onto your system remotely and manage your accounts for you, reducing pressure on your firm and enabling you to focus on your clients and their cases.
Why use My Cashier
The employment and management of legal cashiers is often a time consuming
and expensive burden to any law firm. Finding a good cashier is a full-time job in
itself, one that can prove costly, especially when employing recruitment agencies to
root out the best candidates.
Whether full or part-time, the addition of a cashier leads to increased salary and resource bills, as well as employment regulation and welfare considerations. Despite all of this, cashiers are a vital component of any law firm. LawPro has therefore created the ‘My Cashier’ service, which takes care of your cashier requirements whilst removing the usual associated burdens.
Our cashiers are always accessible, whether via telephone, email or remote dial-on to your systems. Although it is not in our monthly fee we will attend your offices to provide specific guidance and advice face-to-face for additional charge.This provides your firm with assurance that your accounts are professionally handled, resulting in compliant, fully updated and reconciled records.
Your firm will not be responsible for a cashier salary, there will be no requirement to purchase additional office space, workstations or resources, and you will not have to waste valuable time searching for the best cashier in the first place. The ‘My Cashier’ service is only charged against the number of transactions that your firm produces per month and is therefore very reasonable, proportionate and manageable for any sized firm.
What to expect
My Cashier only employs the very best. We have a strong team who have had experience in the legal cashier environment for over 20 years. Some of our cashiers have worked direct for law firms and also have had indepth experience with the Law Society.
With our experience we are confident in being able to handle your financial requirements in a professional and timely fashion.
What we can help with
Maintain up-to-date books and records.
Process all day to day transactions.
Make bank payments, reconcile firm and client bank accounts daily.
Perform day and month end routines.
Prepare and submit VAT returns and assist with VAT inspections.
Prepare Law Society Certificates and assist with inspections.
Provide information for Accountants’ Reports.
Ensure full compliance with Law Society Accounting Rules for Scotland and England.
Credit control - depending on your credit control systems.
We work closely with the Regulators to ensure that our procedures comply with all the relevant regulations.
Payroll Services - We currently provide payroll services to clients. These include monthly payroll, with e-mailed payslips and salary payments to staff.
Year end returns, statutory payments – SPP, SSP, SAP, SMP expenses and benefits PAYE/NI payments.