Clio is a leading legal practice management software used for law firm accounting. In this blog post, we answer some of the most frequently asked questions regarding Clio software and its usage.
What is Clio software?
Clio software is made up of two main components – Clio Manage and Clio Grow. While Clio Manage is the primary component used in legal bookkeeping, Clio Grow serves as the perfect support component by providing lead management capabilities, similar to popular platforms like HubSpot and MailChimp.
It is necessary for professional accounting lawyers to be familiar with the features and functionalities of both Clio Manage and Clio Grow.
Why does my law firm require Clio?
Clio, with its two main components Clio Manage and Clio Grow, offers a complete list of tools that help keep your law firm bookkeeping clean, organized and up-to-date. You can make your legal accounting work efficient by harnessing the full potential of Clio through efficient document management and proper record-keeping.
What is the best practice when using Clio?
Clio does not distinguish between separate logins, which makes it difficult to track an entry made by your staff or when an error has been made in an entry. It is recommended to purchase separate user seats for your accountants with separate login credentials. This improves record-keeping and enables law firms to track errors such as incorrect transaction bookings.
Does Clio work with QuickBooks?
Yes! Clio has one-way synchronization with QuickBooks. It is important to remember that changes in transactions made by your attorneys will prompt a separate transaction, which your accountants will have to review during reconciliations. Having separate login credentials for your accountants makes it much easier for them!
How do I classify my Clio expenses?
Clio software is an important part of your law firm for legal operations. All expenses for Clio should be categorized as software expenses since they fall under overhead costs. Hiring an expert law firm accountant for legal bookkeeping services and creating law firm accounts will help you to track expenses and keep reports better.
Where does Legal Bookkeeping come in?
Legal bookkeeping for lawyers can be a daunting task. With Legal Bookkeeping, your law firm will receive a professionally trained implementation of both of Clio software’s components. We can take care of your lead management, documentation, scheduling and billing for you, with accuracy and efficiency.
