Legal Accounts | Legal Accounting Software for Law Firms

Legal Accounts

OneAdvanced legal accounts simplifies finance, billing, and compliance to help UK law firms to improve efficiency, maintain compliance, and enhance financial control

Key features:

Live action dashboards
Ledgers & postings
Interest calculations
Bank reconciliation
VAT enquiry and Business Tax Portal
Purchase ledger
Nominal posting & recurring transactions
Reporting

A rich, diverse client base

How Legal Accounts will benefit your business

Efficient billing and revenue recovery

By automating billing schedules and handling unbilled disbursements, OneAdvanced Legal excels in streamlining the billing process, crucial for revenue recovery, ensuring finance teams can focus on recovering revenue more effectively.

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.

Accurate data and reporting

Ensure precision and clarity with real-time data and comprehensive reports. OneAdvanced Legal Accounts enables informed decision-making, enhances operational efficiency, and promotes financial transparency, giving your firm the insights it needs to thrive.

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, Business Analyst, Andrew Hurrell Solicitors

View case study

Built for law firms

Empower your team to operate with confidence and efficiency

OneAdvanced Legal is purpose-built to meet the specific challenges law firms face. Designed to streamline compliance, enhance billing efficiency, and deliver accurate reporting, the solution provides tailored tools to optimise your firm’s performance. Simplify complex processes and maintain operational excellence with a system crafted for the legal sector.

Benefits of this feature

Provides real-time financial visibility with precise reporting and analytics tailored for law firms.
Simplifies client account management, including reconciliations and strict handling of client funds.
Streamlines billing workflows, ensuring faster invoicing and improving revenue recovery.
Improves financial control and reduces risks with robust audit trails and detailed transaction tracking.

Billing automation

Streamline invoicing and accelerate cash flow

OneAdvanced Legal simplifies billing for law firms with powerful automation tools. By reducing manual processes and eliminating errors, it ensures efficient, accurate invoicing while freeing up valuable time for your team. Designed to enhance financial performance, billing automation supports faster payments and provides greater transparency, helping your firm thrive.

Benefits of this feature

Speeds up invoice generation by automating billing schedules and payment reminders.
Minimises errors and discrepancies with accurate calculations and pre-set rules.
Enhances cash flow with faster, more efficient billing cycles tailored for legal requirements.
Reduces administrative workload, allowing teams to focus on strategic financial tasks.
Provides clearer, more transparent invoices to improve client confidence and satisfaction.

Record expense

Simplify expense tracking with precision and ease

OneAdvanced Legal makes recording expenses straightforward and reliable. Built for the unique requirements of law firms, this feature ensures accurate tracking, categorisation, and management of expenses. By streamlining processes and maintaining compliance, it saves time and enhances financial transparency, giving you more control over your firm’s finances.

Benefits of this feature

Simplifies expense entry with intuitive tools for faster, more accurate tracking.
Provides real-time visibility of firm-wide expenses for better financial planning.
Reduces errors with automated categorisation and validation of expense claims.
Centralises expense data to support seamless reporting and improved audit readiness.

Realtime reporting

Get instant insights to drive smarter decisions

OneAdvanced Legal’s real-time reporting feature gives law firms immediate access to critical financial data. Designed to enhance decision-making and transparency, it delivers up-to-date insights that empower your team to act quickly and strategically. Stay in control of your firm’s performance with timely, accurate information at your fingertips.

Benefits of this feature

Provides instant access to financial data, enabling proactive decision-making.
Enhances transparency with real-time insights on cash flow, billing, and expenses.
Simplifies reporting with pre-configured templates tailored to legal requirements.
Supports compliance by ensuring timely and accurate submission of financial reports.
Access to up-to-date HMRC guidance via direct links to their website

SRA compliant

Ensure your firm meets regulatory standards with confidence

OneAdvanced Legal is designed to help law firms stay fully compliant with Solicitors Regulation Authority (SRA) standards. By automating compliance processes and maintaining detailed records, it reduces risks and saves valuable time. With built-in tools tailored to regulatory requirements, this feature ensures your firm operates smoothly and securely while meeting its obligations.

Benefits of this feature

Ensures adherence to SRA standards with automated compliance checks and processes.
Minimises regulatory risks through comprehensive audit trails and real-time monitoring.
Simplifies reporting with pre-configured templates that meet SRA requirements.
Reduces manual workload, allowing teams to focus on client service and strategic tasks.
Fee earners spend less time re-keying information, accelerating transaction times

HMRC compliant

Streamline tax processes with confidence and precision

OneAdvanced Legal ensures compliance with HM Revenue & Customs (HMRC) regulations, offering law firms peace of mind and efficiency in managing tax obligations. By automating key processes and maintaining accurate financial records, it simplifies regulatory adherence and reduces the risk of costly errors or delays. Keep your firm’s tax management on track and stress-free.

Benefits of this feature

Ensures adherence to HMRC regulations with built-in compliance tools.
Simplifies tax reporting and submission through automated processes.
Reduces the risk of errors with accurate and validated financial records.
Saves time with pre-configured templates designed for tax compliance.
All forms are held in AWS Cloud storage, with ISO and other international standards in place

Comprehensive Reconciliation

Achieve accuracy and clarity in financial management

OneAdvanced Legal’s Comprehensive Reconciliation feature streamlines the reconciliation process for law firms, ensuring financial accuracy and transparency. By automating reconciliation tasks and centralising financial data, it eliminates manual errors and keeps your firm’s accounts in perfect order. Stay on top of your financial health with tools designed to support precision and accountability.

Benefits of this feature

Simplifies reconciliation with automated matching of transactions across accounts.
Reduces errors by identifying and resolving discrepancies quickly.
Provides a clear audit trail for improved reporting and compliance.
Saves time with tools designed to handle high transaction volumes efficiently.

Client collaboration

Strengthen relationships through seamless communication

OneAdvanced Legal’s Client Collaboration feature empowers law firms to foster stronger client relationships by simplifying communication and enhancing transparency. With secure and efficient collaboration tools, it ensures that clients stay informed and engaged throughout their legal matters. Build trust and streamline workflows with a solution designed for exceptional client service.

Benefits of this feature

Enhances client communication with secure and real-time interactions.
Simplifies document sharing and feedback with centralised tools.
Strengthens client relationships through increased transparency and accessibility.
Boosts efficiency by integrating collaboration directly into your workflows.
Utilising the most renowned cloud provider, Amazon Web Services, ensuring reliability and the highest levels of security.

Learn more about our Legal Accounts overview

Create legal forms effortlessly in a user-friendly platform and submit them directly to the appropriate channels, all in one convenient place. Watch our latest video to learn more.

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FAQs

What is OneAdvanced Legal Accounts

OneAdvanced Legal Accounts is a comprehensive financial management solution designed specifically for law firms. It automates routine tasks, ensures compliance with legal regulations, and provides real-time insights to help firms manage their finances with accuracy and efficiency.
Why law firms need Legal Accounts

Legal accounts are vital for law firms to maintain financial accuracy, ensure compliance with industry regulations, and manage client funds responsibly. A reliable legal accounts system streamlines operations, reduces errors, and supports strategic decision-making, enabling firms to focus on delivering exceptional client service.
Does the legal accounts integrate with other tools and systems?

Yes, OneAdvanced Legal Accounts seamlessly integrates with other essential tools and systems. Whether it’s legal software or external reporting tools, this integration ensures smoother workflows and better data oversight, helping law firms operate more efficiently.
How can I access the OneAdvanced Legal platform? Is it cloud-based?

Yes, OneAdvanced Legal is a cloud-based 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.

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