Legal Accounts | Legal Accounting Software for Law Firms

Legal Accounts

OneAdvanced Legal Accounting software simplifies finance, billing, and compliance to help UK law firms 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

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 decisions.

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

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.

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

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 offers interactive, real-time dashboards and financial summaries on individual matters, displaying metrics such as balances, work in progress, outstanding bills, and disbursements. Users can access department-level metrics and a comprehensive overview of each client matter without 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

Automate billing processes with OneAdvanced Legal, including the allocation of unbilled disbursements and creation of billing schedules based on fixed fees, set amounts, or custom limits.

Benefits of this feature

Automated complex calculations save time and reduce the risk of user error
Expand, or add, rows to ensure there’s sufficient room for all required information
Bundled forms can be saved together as one file
Both in-progress and completed forms are auto-saved to the Cloud, ensuring no work is lost
APIs enable automated pre-population of data from case management or document software

Seamless tax compliance

Boost probate and private client performance

Our innovative workflow supports busy practitioners by offering an easy, accurate way to produce a full account for HM Revenue and Customs. Comprised of all forms related to a full HM Inheritance tax account, it allows users to individually select forms and schedules and link them in one comprehensive file, significantly simplifying the process.

Benefits of this feature

A linked navigation panel takes users quickly to all required forms and schedules
Multiple forms and schedules can be worked on simultaneously
Automated complex calculations, data pre-population of practice/matter details on supplemental forms
Quick access to all rates and tables, including thresholds for nil rate band amount for previous years
Access to up-to-date HMRC guidance via direct links to their website

Comprehensive reconciliation

Transform your forms library into a collaboration tool

Technology has changed client expectations. Our Client Collaboration module can help you provide your clients with an improved experience by allowing them to complete forms and speed matter completion. All the recipient requires to receive a form is an email address and a PC browser.

Benefits of this feature

Easily share a form with any authorised external party via secure, password protected transmission
Notify clients that a form is ready to fill in by emailing a password protected link
Control the form fields a client can edit, and set usage time limits to ensure fast turnaround
Automated form completion notifications let fee earners know the client has finished a form
Fee earners spend less time re-keying information, accelerating transaction times

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, 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.
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.
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 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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