Double-entry books that already know which client job every entry belongs to.
Most firms run practice software and an accounting package side by side and reconcile the two by hand. In Firmlytics the ledger sits under the work, so invoices, payments, expenses, payroll and vendor bills post to the same books.
- Module
- MN-02
- Used by
- Finance team, CFO, managing partner
- Fed by
- Billing, expenses, vendors, payroll
- Package
- Enterprise Suite or Custom Bundle
What Finance & Accounting does.
Chart of accounts and journals
A full chart of accounts with manual and system-generated journal entries.
Financial reports
Profit and loss, balance sheet and the rest of the statutory and management set, plus a downloadable financial pack.
Bank reconciliation
Match bank lines against ledger entries, with bank accounts and approval routing configured per firm.
Budgets and profitability
Budget against actuals and see profitability by job, client and practice area.
Fixed assets and procurement
Track firm assets and run procurement with approvals, tied into the same ledger.
Payroll reconciliation
Reconcile payroll from the HR module against the books, instead of importing a summary journal.
Ask for it. Review it. Done.
Wisp works here through the same layer as the screens, with your permissions and the firm’s approval rules. How Wisp works.
- “Import the HDFC statement and auto-match it.”Bank reconciliation
- “Post the October rent accrual.”Journals
- “Run depreciation for the quarter.”Fixed assets
- “Close October.”Period close · critical, four-eyes
Same data, one step away.
Finance & Accounting: common questions.
Is Firmlytics a full accounting system or just billing?
It includes full double-entry accounting: chart of accounts, journal entries, financial reports, bank reconciliation, budgets, fixed assets and procurement.
Can I see profitability per client or job?
Yes. Because time, billing, expenses and costs share one database, profitability is reported by job, client and practice area.
See your firm run on one system.
A 45-minute walkthrough on your own workflows: one client job, from intake and conflict check to invoice, ledger and GST return.