Last Updated
Overview
TrustBooks software stands out as an intuitive accounting solution tailored for law practices. It is designed to track client-level activities and ensure effortless trust accounting compliance. Despite the difficulty of uploading the General Ledger report for duplication, its user-friendly processes are simple and aid in saving time.
Overall Rating
Based on 9 users reviews
4.9
Rating Distribution
Positive
100%
Neutral
0%
Negative
0%
Starting Price
Custom
TrustBooks Specifications
- Financial Reporting
- Invoice Management
- Expense Tracking
- Tax Management
What Is TrustBooks?
TrustBooks, a cloud-based accounting software tailored specifically for law firms, has assisted numerous law practices in simplifying their accounting procedures by replacing the burdensome and time-consuming aspects of traditional legal accounting. Its user-friendly interface enables law firms to effectively oversee their trust accounts. It includes features like intuitive workflows and automated Three-Way Reconciliations to ensure adherence to state bar regulations.
How Much Does TrustBooks Cost?
TrustBooks cost starts at $59 per month, offering three pricing tiers for its users with them offering a 14-day free trial for all of them.
- Trust Accounting: $59/month
- Firm & Trust Accounting: $79/month
- Bank Reconciliation Services: $249/month
TrustBooks Integrations
Who Is TrustBooks For?
TrustBooks caters to legal service professionals, including:
- Law firms
- Attorneys
- Small and solo law practices
Is TrustBooks Right For You?
TrustBooks is a component of Paradigm, a provider of legal software solutions that support lawyers in managing, automating, and expanding their practices. Moreover, it allows for detailed monitoring of client-level activities to enhance understanding of transactions and balances.
Are you still trying to figure out TrustBooks? Contact us at (661) 384-7070 and get expert assistance from our team regarding any further queries.
TrustBooks Features
Simplified Legal Accounting
TrustBooks streamlines law firm accounting tasks by integrating online banking and legal software to prevent duplicate data entry. It simplifies transferring funds between trust and operating accounts and ensures state bar compliance through automated three-way reconciliations for trust accounts.
Trust Account Management
Effortlessly monitor all transactions within your firm's trust account(s) and automatically update client ledgers when recording trust account activities. The software includes built-in safeguards, such as preventing client balances from going negative, to ensure compliance with state bar regulations.
Intuitive Workflows
Simplify your accounting tasks with straightforward steps tailored for non-accountants. Say goodbye to feeling overwhelmed by accounting software or spreadsheets that are not tailored to the specific needs of a law firm.
Activity Tracking
Automatically link all trust activity to specific clients, ensuring real-time updates of client trust ledgers. Track all firm operating account activities associated with clients to accurately monitor individual income and costs. Gain a quick overview of each client, providing instant insights into both trust and operating activities.
Pros And Cons of TrustBooks
Pros
Provides an interactive interface
Easy to create reports
Easy-to-use processes help save time
Offers efficient trust account handling and a straightforward grasp
Cons
Uploading the general ledger report for duplication is challenging
Requires a broader range of check printing template options
TrustBooks Reviews
Total 9 reviews
4.9
All reviews are from verified customers
Rating Distribution
5
Stars89%
4
Stars11%
3
Stars0%
2
Stars0%
1
Stars0%
Share your experience
Law Practice, 1-10 employees
Less than 6 months
“I think TrustBooks is definitely worth the money, especially for people who handle their own books.”
Pros
Well I learned a lot about accounting when I started using this software. In the beginning I was not sure from where to start but the guides really helped. As I began entering numbers manually and followed the steps I figured things out.
Cons
TrustBooks software is quite advanced and it might not be the best choice for beginners who are not familiar with bookkeeping. However with a bit of basic research, it is possible to understand how everything works.
Rating Distribution
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Venture Capital & Private Equity, 1-10 employees
Less than a year
“It gives me more confidence than Trustpilot, very complete”
Pros
I really like how professional and trustworthy they appear. Also it is a solid platform, easy to navigate and the customer service is quite good.
Cons
TrustBooks software could improve in terms of usability and corporate image and it could benefit from becoming a bit more faster too.
Rating Distribution
Ease of use
8
Value for money
8
Customer Support
7
Functionality
8
Law Practice, 1-10 employees
Less than a year
“Trustbooks is reliable”
Pros
Trustbooks is the best and reliable accounting software I have used! It makes tracking funds and reconciling very simple.
Cons
There is no option for a general checking account. I am looking to use this program instead of QuickBooks.
Rating Distribution
Ease of use
10
Value for money
10
Customer Support
9
Functionality
10
Frequently Asked Questions
Does TrustBooks offer an API?
TrustBooks does not provide API access.
What language does TrustBooks support?
TrustBooks supports the English language only.
What other apps does TrustBooks integrate with?
TrustBook integrates with LawPay and Clio. Watch the TrustBooks demo to learn more about its integration options.
Does TrustBooks support mobile devices?
TrustBooks does not offer mobile device support but is accessible through web browsers.
What types of pricing plans does TrustBooks offer?
TrustBooks pricing comprises three tiers, ranging from $59 to $249/month. Users can request a custom quote for a detailed cost analysis.
Who are the typical users of TrustBooks?
TrustBooks serves legal service professionals such as law firms, attorneys, and small or solo law practices.
What level of support does TrustBooks offer?
TrustBooks provides support through Email/Help Desk, Chat, and FAQs/Forum.