Sunday, September 18, 2011
PCLaw Error Evaluation
My PCLaw bookkeeping practice is actually comprised of two separate but related components. One portion is the legal bookkeeping services I provide to regular monthly clients, including bank reconciliations, HST & payroll remittances, and general bookkeeping entries. I also provide a PCLaw Error Detection and Correction consulting service. I offer this service to anyone who needs help, whether they be regular clients or one-off customers.
What does error detection and correction entail?
PCLaw is a terrific program for legal bookkeeping, as it nicely ties together in one package all aspects of clients, matters, trust and general banking entries, disbursements recovery, receivables, and payables. However, all these sub-ledgers interacting with each other can make for a complex web of entries. It is this complexity that can cause minor errors to accumulate over time.
Some errors are as simple as using the wrong method to post an entry. The entry may be correct strictly from the point of view bookkeeping, but PCLaw “reads” it as an error. These types of errors are what cause your bank ledger balance to differ from the amount shown on your balance sheet. These errors can be present even though your bank account has been reconciled.
Some of the more difficult errors to find and remove are partial or hidden errors. A partial error is something only half posted. For example, a receive payment is entered in the general bank, but an accounts receivable balance is still showing on the A/R report. A hidden error is usually an entry that has been deleted, but is still having an effect on report balances.
I am pleased to offer this PCLaw Cost Error Evaluation to anyone subscribing to this blog. The evaluation is is only $25.00 including HST, and I will provide you with a report outlining any issues that need to be addressed. Likewise, this service can offer you great peace of mind if no issues are found. The evaluation takes approximately 30 minutes.
As always, I invite your comments and suggestions for future post topics. Next week – Billing for a Satellite Office.