Legal Bookkeeping
From trust and general account transactions to cheques, bank feeds, reconciliations, and matter-level financial tracking, these are just a few of the many capabilities available. Nojumi helps firms reduce manual data entry, improve accuracy, and maintain full visibility over their daily operations. Nojumi's Legal Bookkeeping brings the financial side of your practice into one connected system, making it easier to track, manage, and understand every dollar flowing through your firm.
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Bank Feed | Automatically imports and syncs transactions from a connected bank account. |
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Bank Locks | Locks a month-end period to prevent transaction changes. |
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Matter Transactions | Transactions in bank accounts linked directly to a specific matter. |
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Expected Transactions | Transactions impacting projected balance only, until matched. |
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Actual Transactions | Transactions that have occurred and impact the actual matter balance. |
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Transaction Rules | Rules to automatically match transactions based on criteria. |
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Transaction Matching | Process of matching software transactions with bank feeds. |
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Accounts Receivable | Asset account tracking money owed to the firm by clients. |
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Accounts Payable | Liability account tracking money owed to suppliers/providers. |
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Payment Links | Automatic credit card payment links included in invoices. |
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Payroll | Process of calculating pay, withholdings, and distributions. |
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Multiple Trust Accounts | Add and connect multiple trust accounts to banking institutions. |
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Bank & Matter Transfers | Single-transaction transfers between bank accounts or matters. |
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Reconciliation | Process of verifying records match actual bank activity to $0. |
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Error Handling | Categorizes and incorporates specific bank/matter errors into the reconciliation formula. |
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