iolta801776

Reconciling IOLTA Accounts

Assuring compliance with regulations

Reconciling payments on behalf of clients

Confirming attorney and administrative fee distribution

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

We will audit the IOLTA account as it stands now and make a plan to become compliant

We will train the in-house staff on the plan to keep the account up to date in the future

We will work with internal staff to correct errors and review the accounts on a monthly basis

Weekly

The Blazej Business Bookkeeping & Accounting Teams will do the coding or double-check internal staff.

Bookkeeping & Accounting

  1. Review transactions

Monthly

The Blazej Business Accounting Teams will perform the tasks or review internal staff work.

Accounting

  1. Confirm disbursements
  2. Review outstanding checks
  3. Close liability account when case is closed

Quarterly

The Blazej Business Accounting Teams will perform the tasks or review internal staff work.

Accounting

  1. Quarterly review
  2. Review outstanding checks

Say YES to Blazej Business

  1. IOLTA account will be audited, brought up to date and kept current going forward
  2. Monthly review assures that any errors are corrected promptly 
  3. Reduces the risk of audit by regulatory bodies

Blazej Business ~ serving growing businesses since 2006

Accounting Oversight

$0

Million
Monthly Clients

0

in 27 states
Average Fee

$0

Monthly