Why outsource your legal cashiering?
The answer is simple: you'll lower your overhead spend while remaining fully compliant with your legal accounts. Quill's legal cashiering experts are a flexible, friendly, scalable, secure, compliant and affordable solution that will save you time and most importantly, let you focus on fee earning activities.
Quill’s experienced legal cashiers take the stress out of running your legal accounts, as they are fully compliant with all the latest solicitors’ accounts rules, be it the SRA Accounts Rules, CLC Accounts Code or Scottish Accounts Rules, depending on your location and area specialisms.
Your cashier is employed by us but serves as a dedicated extension of your law practice – working as much or as little as you need on a pay-as-you-go basis. You’ll save on recruitment, training, salary, IT equipment and office space costs associated with employing your own in-house cashier.
Contact your cashier or deputy at any time during the working week and never again experience disruptive staff holiday, sickness or parental leave absences. You decide how much or how little you need of our cashier’s time on an ad-hoc basis, so you run your office efficiently and profitably.
Get more from your legal cashiering
You’ll quickly learn to rely on your legal cashier to manage all the time-intensive data entry, compliant-centric reconciliation, and accounting tasks that keep your business running, plus give you vital insights into the health of your law practice:
Save time
Simply record your solicitors’ fee earning activities and disbursements or send daily e-chits and your cashier will handle the rest.
Maintain a healthy cash flow
Claim back money due from your clients by generating auto-calculated bills based on rates, percentage uplifts and VAT.
Gain business insights
Receive weekly, monthly and yearly financial statements and reports in areas such as ledger balances, bank reconciliations, balance sheets, profit and loss.
Automate VAT returns
Task your cashier with preparation and online submission of your VAT returns to HMRC according to MTD legislation.
Pass audits
Relax in the knowledge of precision accounts and give your accountant free cloud access to your data for analysis prior to on-site visits or inspections.
How it works
Our UK-based cashiering team is 50-strong and are experienced ILFM-qualified legal cashiers ready to help. Based on your needs, you’ll be assigned a dedicated cashier that will get to know you, your business needs and your legal accounts – working with you just like a normal employee on your payroll.
Watch this video and download our flyer.
Which legal cashiering option is best for your law firm?
Choose between Pinpoint – complete with deep integration to our Interactive legal accounting software – and Precision – remain using your existing accounts application whilst reaping the benefits of the same rigour and knowledge applied to Pinpoint.ā
Pinpoint
You enter daily e-chits into Interactive – which is essentially a daily record of monies in and out to your client and office accounts – and we pick up from there.
Best for: law firms seeking a fully integrated solution that’s easy to use, efficient and SRA compliant.
Precision
Continue to use your existing accounts system but still benefit from having a dedicated legal cashier working for you as an extension of your practice.
Best for: law firms seeking the support of an experienced legal cashier.
Plan for business continuity
In these uncertain times, it's reassuring to know you can contact your cashier year-round, access your data 24/7 and even choose temporary outsourced support for unexpected absence cover which allows 'business as usual' at all times, whatever challenges come your way.
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