Built-in legal accounting software

Quickly gain accurate insight into different billing cycles, and easily prepare end-of-year statements. CARET Legal offers robust financial reporting with nine different native reports:

1. General Ledger: A complete record of transactions, grouped by accounts.
2. Profit & Loss: Also known as an Income Statement. Shows your total income and expenses over a period of time.
3. Profit & Loss by Location: Profit & Loss statement view segmented by location.
4. Balance Sheet: A statement of the assets, liabilities, and capital at a particular point in time.
5. Trial Balance: A listing of the last balances for each account as of a particular date.
6. Chart of Accounts: A listing of all accounts used in the general ledger.
7. Account Reconciliation: A report listing all reconciliations.
8. Write-Off: A report listing all write-offs.
9. Firm Budgeting: A listing of current and previous budget amounts.

Certain tiered users with full accounting access will be able to create additional custom reports/cards, like Effective Rate and Accounts Receivables, via the advanced CARET Analytics Overview.