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Legal Accounts

OneAdvanced Legal’s Legal Accounts capability simplifies finance, billing, and compliance to help UK law firms improve efficiency, maintain compliance, and enhance financial control. 

Dashboard for OneAdvanced Legal)

Key features:

  • Live action dashboards

  • Ledgers & postings

  • Interest calculations

  • Bank reconciliation

  • Reporting

  • Purchase ledger

  • Nominal postings & recurring transactions

  • VAT enquiry and Business Tax Portal

A rich, diverse customer base

Charles Russell Speechlys logo
Boodle Hatfield logo
Simmons & Simmons logo
Foot Antsey logo
Dentons logo
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Learn more about our Legal Accounts Overview 

Access live action dashboards and comprehensive reporting with OneAdvanced Legal. Watch our latest video to learn more. 

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How we will benefit your business

Revenue stability and financial planning
OneAdvanced Legal provides real-time insights through live action dashboards, allowing finance teams to monitor cash flow closely and make informed financial forecasts.
Built-in compliance and risk management
Seamlessly integrates SRA and HMRC compliance, using comprehensive reporting tools to ensure financial activities meet legal standards. Clear, accurate records support audits, reduce non-compliance risks, and safeguard the firm’s reputation and financial stability.
Efficient billing and revenue recovery
Streamlines billing for efficient revenue recovery by automating billing schedules, handling unbilled disbursements, reducing admin work, speeding up invoicing, and converting earned revenue into cash, while interest calculations across multiple matters further optimise revenue management.

Why work with OneAdvanced?

We have deep sector knowledge baked into our products.
Our team has developed this sector-leading software from the ground up.
Our experts understand your problems before we find the solution.

The portfolio has all the features of the previous system, but is much improved with new, convenient, and very useful tools.

Svetlana Hurrell, Hurrell Solicitors
Lawyers discussing casework

Features and benefits

Automated compliance

Help your teams remove the barriers of time and place

OneAdvanced Legal is designed to adhere to both Solicitors Regulation Authority (SRA) and HMRC accounts rules, with built-in features such as client account management, automated reconciliations, and detailed audit trails. Additionally, it offers a full suite of pre-configured reports like aged debts, balance sheets, and trial balances for end-of-month and year-end positions.

Benefits of this feature
  • Regulatory risk protection, ensuring compliance is maintained with minimal manual intervention
  • Automated reporting and audit trails provide transparency, help identify discrepancies early
  • Streamline the compliance process, allowing finance professionals to focus on strategic tasks
  • Fast, secure, and seamless access with single login
  • Enables easy, secure, collaboration, and faster matter completion

Realtime insightful dashboards

We help you overcome the risks

OneAdvanced Legal provides finance teams with interactive, real-time dashboards and financial summaries for each client matter, offering instant access to key metrics like balances, work in progress, outstanding bills, and disbursements. The platform enables quick viewing of department-level data and a comprehensive overview of each client matter—all without the need for additional searches. 

Benefits of this feature
  • Immediate access to financial metrics allows finance teams to monitor cash flow closely, improve resource allocation
  • Displaying metrics allowing easy to read dashboards
  • Visibility into firm performance supports efficient financial planning and ensures that finance professionals have a clear picture of the firm’s financial health at all times

Efficient billing automation

Achieve more, in less time

OneAdvanced Legal provides finance professionals the tools to automate billing processes, including the allocation of unbilled disbursements and creation of billing schedules based on fixed fees, set amounts, or custom limits.

Benefits of this feature
  • Reducing manual work
  • Speeding up the invoice process
  • Improving cash flow
  • Ensuring consistent and accurate billing without the risk of missed disbursements

Seamless tax compliance

Prepare VAT submissions

The VAT inquiry feature includes a nine-box VAT return and integrates with the HMRC Business Tax Portal, which provides everything finance teams need to prepare VAT submissions seamlessly and efficiently. 

Benefits of this feature
  • Simplifies tax reporting
  • Reduces the risk of errors
  • Supports making Tax Digital compliance, which is essential for meeting regulatory obligations without adding to administrative workloads
  • It provides finance professionals with a streamlined, reliable way to manage VAT reporting
  • Integrated with the HMRC Business Tax Portal

Comprehensive reconciliation

Transform the way you work

OneAdvanced Legal provides a three-way bank reconciliation feature to give finance teams an easy to read overview. With separate views for cleared and uncleared items, a searchable transaction list, and an automatically saved audit report, allowing for seamless auditing and timely financial reporting.

Benefits of this feature
  • Ensures accurate, transparent bank reconciliation, reducing the chance of errors and supporting regulatory audits
  • Finance teams can reconcile bank transactions quickly and efficiently
  • Information is securely documented and easily accessible for future reference

Let us help you choose

Have a question?

Speak to our legal consultants for personalised advice and recommendations.

CALL US ON:

0330 191 3730

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LIVE CHAT WITH US

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Legal Resources

FAQs

  • What is OneAdvanced Legal, and how does it support financial management for law firms?

    OneAdvanced Legal is a cloud-based Practice and Case Management System designed specifically for law firms. It includes a Legal Accounts capability that streamlines accounting, billing, compliance, and reporting, helping firms manage finances efficiently. With real-time visibility and automation, OneAdvanced Legal supports financial integrity, optimises cash flow, and reduces administrative workloads, allowing firms to focus on client service and growth. 

  • Can OneAdvanced Legal help improve cash flow and revenue predictability?

    Yes, OneAdvanced Legal supports cash flow stability by automating billing processes and enabling efficient revenue recovery. By reducing the time gap between work completion and payment, the system promotes a predictable income stream, helping firms manage liquidity and make informed financial forecasts. 

  • How does the Legal Accounts capability streamline billing and reconciliation processes?

    OneAdvanced Legal automates billing schedules, allocates unbilled disbursements, and simplifies bank reconciliation with an intuitive three-way matching feature. This automation reduces manual work, speeds up invoicing, minimises errors, and ensures that finance teams can focus on strategic tasks rather than repetitive administrative processes. 

  • How can I access the OneAdvanced Legal platform? Is it cloud-native?

    Yes, OneAdvanced Legal is a cloud-native platform, which means you can access it securely from any device with internet access. This flexibility supports remote working, multi-office collaboration, and ease of access, allowing your team to manage finances effectively, no matter where they are. 

Got a question? Need more info? Just ask

Have a question?

Speak to our legal consultants for personalised advice and recommendations.

CALL US ON:

0330 191 3730

OR WE CAN CALL YOU:

LIVE CHAT WITH US

Ask us your questions and get tailored content to help you.