SRA and HMRC compliance
With so much regulation to consider, you can rest assured that our integrated package provides a fully compliant framework for your accounts team. As experts in the industry, we know about all of the relevant rules and regulations, which is why our software is completely SRA and HMRC compliant. We have done all of the work to ensure that our legal accounting software can be used seamlessly by our clients.
Our software also allows you to limit access using our permissions system and retain management oversight with complete audit trails. Naturally, Osprey is also integrated with HMRC and supports VAT returns for Making Tax Digital.
Have full visibility of your client and office accounts, with side-by-side client ledger postings and support for as many bank accounts as you need. You can also manage your business finances, using the nominal ledger for all of your business outgoings, invoices and receipts.
Manage your business finances, too. Use the nominal ledger for all business outgoings, invoices and receipts.
Easy to read ledgers make it fast and efficient to work out funds on account, any disbursements etc.
Nosheen H, Capterra
Speed up bank reconciliations
Reconcile your bank statements with a simple click. You remain in control to make any amendments before completing.
Cross-reference and tick transactions manually, or import your statement and have them automatically matched. Our software allows you to adapt to whatever is most convenient for you.
As legal cashiers, we recommend Osprey to any law firms choosing a case management solution. It has excellent accounting functions in the variety of posting types it offers, and the bank reconciliation is very easy to navigate.
Alex @ The Law Factory
A comprehensive reporting suite
Extensive built-in financial and management reports provide the information you need to run your law firm effectively. You can browse reports within Osprey, or export to a file format that suits you.
Analyse your business accounts with an array of financial management reports.
Reports for Profit & Loss, Balance Sheet, VAT Returns and more.
Client financial reports
Ensure that bills are paid and financial movements are monitored and kept under control.
Reports for Aged Debtors, Unpaid Bills, Cost Transfers, Client Funds Movements and more.
In addition to intelligent business reporting, Osprey provides a number of auditing functions to ensure financial transparency and accountability.