Business Details
Trusted Legal Industry Bookkeeping Services
The Trust Keeper is a specialized bookkeeping service dedicated to the legal industry, founded by Amanda Allen, a registered BAS Agent with over 25 years of experience in accounting and bookkeeping. Our expertise lies in trust account management, compliance, and tailored financial solutions for barristers, solicitors, and conveyancers. We utilize industry-specific software like SILQ, LEAP, and Xero to ensure accurate trust account reconciliations, BAS lodgments, payroll, and audit preparation.Our commitment to ongoing education and professional indemnity insurance guarantees compliance with regulatory standards. We prioritize streamlined processes, risk mitigation, and personalized support to keep legal professionals audit-ready without long-term contracts or minimum spend requirements.
Services
BAS Preparation
Payroll Management
Trust Account Reconciliation
Audit Preparation
Accounts Receivable/Payable
Highlights and features
- We specialize in trust accounting for the legal industry with 25+ years of experience.
- Our team ensures compliance with trust account regulations and audit requirements.
- We use legal-specific software like SILQ, LEAP, and Xero for accurate financial management.
- No contracts or minimum spend commitments for flexible client support.
- Founder Amanda Allen is a licensed BAS Agent with professional indemnity insurance.
Associations and certifications
- Registered BAS Agent
- Institute of Certified Bookkeepers
Services
Trust Account Reconciliation
We ensure legal firms meet regulatory requirements through precise trust account reconciliations. Our process identifies discrepancies, guarantees compliance with legal standards, and prepares documentation for audits. This service is critical for barristers, solicitors, and conveyancers to maintain financial integrity and avoid penalties.
BAS Preparation
Our BAS preparation service handles monthly or quarterly tax obligations for legal businesses. We calculate PAYG instalments, GST, and other liabilities, ensuring accurate submissions to the ATO. This service reduces administrative burdens and minimizes errors in tax reporting for law firms.
Payroll Management
We manage payroll processing for legal practices, including salary calculations, PAYG withholding, and superannuation contributions. Our system ensures timely payments, compliance with employment laws, and streamlined reporting to protect firms from legal and financial risks.
Audit Preparation
Our audit preparation service organizes financial records and systems to ensure legal firms pass regulatory audits seamlessly. We review trust accounts, transaction trails, and compliance documentation, providing training to staff for ongoing audit readiness.
Accounts Receivable/Payable
We streamline accounts receivable and payable processes for law firms, ensuring timely invoicing, debt collection, and supplier payments. This service improves cash flow management and reduces administrative workload through efficient billing and payment tracking systems.
People
Amanda Allen
Founder & BAS Agent
Amanda Allen is a registered BAS Agent with 25+ years of bookkeeping experience, specializing in legal industry compliance. She founded The Trust Keeper to provide tailored financial solutions for law firms, leveraging software expertise and regulatory knowledge to ensure client success.
Questions
What legal-specific bookkeeping services do you offer?
We provide trust account reconciliation, BAS preparation, payroll, audit readiness, and accounts receivable/payable services tailored for barristers, solicitors, and conveyancers.
How do you ensure compliance with legal trust account regulations?
We follow regulatory guidelines for trust account management, including monthly reconciliations, accurate record-keeping, and staff training to maintain compliance and audit readiness.
Which accounting software do you support for legal firms?
We work with legal-specific platforms like SILQ, LEAP, Smokeball, and Xero to streamline financial processes and ensure seamless integration with trust account management systems.
Are your services available without long-term contracts?
Yes, we offer flexible support with no set contracts or minimum spend requirements, allowing law firms to access expert bookkeeping on their terms.
How do you prepare law firms for audits?
We organize financial records, conduct regular reconciliations, and train staff in compliance procedures to ensure legal practices pass audits with minimal disruption.
