Daniel J Rubiano CPA & Company Inc., Accounting Firm in Greenville, Rhode Island

The choice of a lawyer is an important decision and should not be based solely on advertisements. Tailoring our communication style, strategies and insights to your business, culture and values. ✨ Schedule your free consultation and enjoy 15% off your first month of construction bookkeeping.

Here’s why Providence business owners like you trust Bench with their bookkeeping

David has over 30 years experience and won the 2014 Rhode Island Society of Public Certified Accountants Presidents Award. He is a graduate of Bryant University and was recognized as the US Small Business Administration’s Accountant Advocate of the Year. His services for small businesses include tax planning and preparation, payroll, The Importance of Expert Bookkeeping for Law Firms sales tax filings, bookkeeping, financial statements, and bank reconciliations.

Law Firm Accounting & Bookkeeping A 2026 Guide

TimeSolv combines these essential functions with reporting, trust accounting, and project management tools to help you run your business more efficiently. Most lawyers use time and billing software for lawyers, like Bill4Time, that supports real-time tracking, matter-based billing, and professional invoicing. The software must also support compliance with trust accounting rules and firm-specific billing policies.

Quickbooks Services

Companies must maintain separate records for funds held on behalf of clients. Incorrect trust accounting can lead to regulatory violations, hefty fines, and the loss of clients due to reputational damage. Pooling client funds and company finances, along with untransparent transaction recording, may worsen the company’s financial performance. Yes, we are fully equipped to support law firms with multiple partners, practice https://ranawaxman.com/the-importance-of-expert-bookkeeping-for-law-firms/ areas, or office locations.

• Tailoring our communication style, strategies and insights to your business, culture and values.
• From daily transactions to monthly reports, we keep your books accurate, up-to-date, and fully compliant—so you can focus on growing your business.
• Delegating such tasks often leads to increased productivity and higher earnings.
• Clients receive logins to an online portal where they can contact their assigned accountants and access financial records and tax returns kept on a secure server.
• This frees up attorneys to focus on legal work while reducing the chances of errors or compliance issues.
• Learn how to build, read, and use financial statements for your business so you can make more informed decisions.

The key financial problems in the sector include late payments, invoicing errors, and inconsistent time recording. These challenges can lead to negative cash flow and a deterioration in the business’s financial position. A company that implements effective financial management will be able to invoice counterparties on time and receive payments promptly. Stakeholders will also receive essential data to evaluate the business liquidity. Continuous cash flow monitoring enables large expense planning, accurate payroll calculations, and expansion into new markets.

We fully adapt to the vibrant, fast-paced needs of Providence businesses, helping you stay ahead in the nation’s smallest, but incredibly industrious, state. Our intuitive software automates the busywork with powerful tools and features designed to help you simplify your financial management and make informed business decisions. Take full advantage of all deductions and credits with our tax planning, compliance, and preparation services. Schedule a free 15-minute discovery call to discuss your law firm’s needs, challenges, and goals.

• Is a verified accounting firm, offering accounting and tax preparation services to customers and small business owners located in and around Lincoln, Rhode Island.
• We keep you abreast of what is going on in that area by providing detailed financial reports and offering sound advice about the financial decisions that impact your firm.
• Book a demo today to see what running your business is like with Bench.
• We use secure, cloud-based platforms, like QuickBooks to provide real-time financial visibility, secure data access, and efficient workflows through a dedicated client portal.
• With access to up-to-date financial information, managers can easily spot unnecessary expenses and control how funds are allocated each month.
• A business that fails to implement reliable accounting practices risks inaccurate invoices, inefficient payment distribution, or misrepresentation of earnings.
• Maintains the highest standard of knowledge and ethics when operating as an accounting firm.

Reliable bookkeeping for law firms is the foundation of a sustainable legal practice. As a firm expands, whether by onboarding new employees, entering new markets, or adding new services, so does the complexity of financial transactions. A well-established financial system helps to easily cope with these changes, processing a larger volume of transactions and a variety of services without losing accuracy. Payment delays, chaotic billing practices, and unclear time-tracking documentation rank among the primary obstacles undermining legal practice cash flow. Once bookkeeping workflows achieve consistency, invoices go out promptly, revenue collection accelerates, and top management gains an accurate picture of available finances. This supports expenditure forecasting, payroll management, and investment decisions.

• Even when you’re able to manage some of your accounting needs, there is no need to detract from your billable hours working with clients.
• He is also the author of a financial column in The New England Business Bulletin.
• Recognizing the diverse mix of industries in Providence, we’ve tailored our services to meet your unique business demands.
• Forward-looking law firms embrace transparency in everything from client interactions to financial activity.
• As a business owner or manager, you probably have a lot of other things on your plate.
• This improves productivity, increases revenue generation, and makes the firm more streamlined.

• We’ll recommend a tailored accounting and advisory solution designed to support your firm’s success.
• Incorrect trust accounting can lead to regulatory violations, hefty fines, and the loss of clients due to reputational damage.
• A company that implements effective financial management will be able to invoice counterparties on time and receive payments promptly.
• Feeney Foster & Cavanagh CPAs LLC is a CPAdirectory verified accounting firm, licensed to practice in the state of Rhode Island.
• He also offers small businesses a CEO-advisor program that helps them strategize and create goals and learn more about finance, marketing, management, and wealth accumulation.
• Daniel J. Rubiano CPA & Company Inc. is a verified accounting firm, offering accounting and tax preparation services to customers and small business owners located in and around Greenville, Rhode Island.

We offer a variety of small business services to local organizations in and around Warwick, RI. You’ll receive clear, partner-ready financial reports, including income statements, balance sheets, cash flow statements, and custom KPI dashboards. These reports highlight key metrics such as realization rates, utilization, profitability by partner, and matter-level performance. We offer expert-led, done-for-you bookkeeping built specifically for attorneys and law firms.

Through their expertise, your practice’s operations transform into strategic advantages. Additionally, search ClearlyRated to find Providence accountants that specialize in audit & assurance, business tax, business valuation, consulting, and personal tax. Highly experienced accountants who are dedicated to client satisfaction. Our platform allows you to automate data inputs from most major providers to avoid common mistakes. We partner with merchants like Gusto, Stripe, Shopify, and Square—so your finances are always accurate. Our team takes the time to deeply understand your business, answer your questions, help you link your accounts, and show you how Bench works.