Accounting
The firm's books, all in SOOT.
Coming next: being built now
SOOT keeps all of the firm's books: trust, business and office. Suppliers, invoices, debtors and creditors, with every payment allocated to the invoice it pays. The money itself stays in your bank; SOOT records it. The only thing SOOT doesn't do is your tax and year-end submissions: it gives your accountant every figure to do them.
Start here
Trust, business and office books
Coming next
Every matter's trust ledger, the business ledger and the office books (rent, salaries, suppliers) in one place, kept to the LPC rules and section 86 of the Legal Practice Act.
Who uses it
- Accounts
- Directors
- Your accountant
Each person sees this part only if their seat's role allows it. Directors decide who may view, change and assign.
Everything in accounting
InvoicesComing next
Invoices from the fees approved on the timeline, each with its proof, from draft to final, with credit notes for anything that was wrong.
DebtorsComing next
Who owes the firm what and for how long, with statements and reminders for overdue accounts.
Suppliers and creditorsComing next
Supplier invoices captured and tracked until paid, so you always know what the firm owes and to whom.
Payments allocated to invoicesComing next
Every payment received or made is allocated to the exact invoice it pays, so nothing is left floating.
Bank reconciliationComing next
Your bank statements matched line by line to SOOT's books, trust and business separately.
VAT and payroll figuresComing next
VAT on every invoice and supplier bill, and PAYE, UIF and SDL from payroll, shown as owed to SARS until paid.
Reports for your accountantComing next
Trial balance, ledgers, VAT and payroll figures and the trust reports your auditor asks for. Your accountant does the tax returns and year-end from SOOT's figures; SOOT never submits to SARS.
See your own kind of matter in SOOT.
Book a demo with Lea, or start a free week with your own team. Times are South African time.