I often get calls from lawyers opening up their own practice, asking advice on which accounting software to purchase. I have used everything from Simply Accounting and Quickbooks to PCLaw and Amicus. I prefer PCLaw.
If you have no trust account, Simply Accounting or Quickbooks will work fine for you. It will even work if you have a very limited volume of trust transactions. However, if you have an active trust account, these general accounting programs will be inefficient to use and will not produce the reports you need.
PCLaw works like any other accounting program, but has fully integrated trust transactions into daily tasks. Out of all of PCLaw's features, the one I like the most is the “Add” buttons on pop-up windows. These allow you to add what you need “on-the-fly”, rather than stopping, adding, and then restarting your entry. This is a real timesaver.
PCLaw is not without its own little quirks, and it does tend to collect some imbalance errors. But with regular maintenance, these are minor issues when compared to PCLaw’s ability to handle a law firm’s bookkeeping with relative ease.
What is your opinion on PCLaw? Do you use something else?
As always, I invite your comments and suggestions for future post topics. Next week – Expense Recovery in PCLaw.
Clyde
MLBKS Ontario PCLaw Bookkeeping: A bi-weekly blog written especially for small firms and solo-lawyers practicing in Ontario, and their bookkeepers. While some topics will be of general interest, the target audience are those who use PCLaw on a regular basis. The focus will be the practical use of PCLaw, especially in relation to the Law Society of Upper Canada's Bookkeeping Guide, trust transactions, and spot audits. Your host: Clyde McDonald - Muskoka Legal Bookkeeping Services
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