If you aren't doing a 5-way trust bank reconciliation, you are not compliant.

Many bookkeepers don't know this, but law societies require greater than the standard 3-way reconciliation when using Clio for your firm.

Yes Clio has introduced a built-in reconciliation function, but we have found it's full of errors. In this 4 hour course, we outline our start-to-finish process for ACCURATE trust accounting in Clio. We use Xero as an example, but these principles can be translated to QBO as well.

Better Recordkeeping

Discover the benefits of going paperless for your law firm.

Even if you don't plant to go entirely paper-free, keeping accurate digital records means fewer headaches searching for documents at audit time. We provide tips and best practices for working efficiently and staying organized in hubdoc and netdocuments.

Course Outline

    1. Lesson 1

      FREE PREVIEW

    1. Lesson 2: Tech Overview

    2. Lesson 3: Opening Your Xero Account [ Part 1 - Segregating the Account]

    3. Lesson 3: Opening Your Xero Account [Part 2 – Picking your Xero subscription]

    4. Lesson 4: Hubdoc Overview and Set Up [Part 1 - Intro & Activation]

    5. Lesson 4: Hubdoc Overview and Set Up [Part 2 - Hubdoc Features]

    6. Lesson 5: Hubdoc Features and How Tos [ Part 1 – Tags]

    7. Lesson 5: Hubdoc Features and How Tos [Part 2 – Notes]

    8. Lesson 5: Hubdoc Features and How Tos [Part 3 - Filing and Searching]

    9. Lesson 6: Setting up Your Clio Integration

    1. Lesson 7: Receiving Funds [Part 1 - Entering a Deposit in Clio]

    2. Lesson 7: Receiving Funds [Part 2 – Receiving Money in Xero]

    1. Lesson 8: Disbursing Funds as a Payment on Invoice [Part 1 - Clio]

    2. Lesson 8: Disbursing Funds as a Payment on Invoice [Part 2 - Xero]

    3. Lesson 9: Disbursing Other Trust Funds in Clio and Xero

    1. Lesson 10: Reconciliation Part 1 – Reconciling Bank & Xero

    2. Lesson 11: Reconciliation Part 2 – Complete 5-way Trust Bank Reconciliation by reconciling Clio and Xero bank journals

    3. Lesson 12: Reconciliation Part 3 – Prepare Monthly Package

About this course

  • $520.80
  • 18 lessons
  • *$496 + GST ($520.8)

Solve your Bookkeeping Headaches for Good

We know first hand how complicated it can be to design a streamlined trust accounting system—after all, we did it! Save yourself the stress of figuring it out for yourself with our easy to follow course.

  • Keep your firm's books Law Society Compliant

  • Start to finish, done for you processes with video walkthroughs and written instructions.

  • Bonus: Best practices for maintaining records

Compliance starts today

Don't waste another minute wondering whether you're "doing it right" - get started on our course now to make sure your firm's books are on track.

GET STARTED