
Reconciling IOLTA Accounts
Accuracy is an absolute requirement for IOLTA accounts.
Blazej Business understands the regulations and requirements for IOLTA accounts:
- Audit the IOLTA account by client to confirm balances
- Discover and distribute old funds
- Confirm that attorney and administrative fees were distributed properly
- Make accounting adjustments as needed and guide firm to make necessary bank transactions
- Review outstanding checks to clients and vendors and determine next steps
Blazej Business is the Ideal Accounting Partner
Weekly
The Blazej Business Bookkeeping & Accounting Teams will do the coding or double-check internal staff.
Bookkeeping & Accounting
- Review transactions
Monthly
The Blazej Business Accounting Teams will perform the tasks or review internal staff work.
Accounting
- Confirm disbursements
- Review outstanding checks
- Close liability account when case is closed
Quarterly
The Blazej Business Accounting Teams will perform the tasks or review internal staff work.
Accounting
- Quarterly review
- Review outstanding checks