Calculator

Please consider the questions and the accompanying explanation then type in your response. Click next to check the results in the second section to discover how Virtual Practices could benefit your firm.

If you don't employ a cashier

On average how many hours do you work per week?

What is your charge-out rate per hour?

Your hourly fee-earning potential

How many hours per month on average do you spend on the day to day accounts including postings, management reports / VAT returns / credit control etc?

Calculate the amount of time it takes you to keep up your ledgers, produce financial and management reports at month/year end, VAT returns and credit control etc

If you already have an accounts software package, what do you pay for annual maintenance & support?

The cost of your software maintenance & support is usually calculated by an annual charge x no.of users. Do you pay extra for upgrades and software enhancements?

On average what number of account postings does your firm generate each month?

Account postings relate to all payments and receipts to Client, Office Nominal and Petty Cash Accounts

Approximately how much do your Accountants charge for your annual audit

Your audit costs will be determined by the completeness and quality of the information you give the accountants.

Want the flexibility to grow your firm? Existing firms click here

Starting a firm or going out on your own? Start-ups click here

Contact us

For more information

"Virtual Practices is tailor-made for a small practice and considerably less expensive than employing even a part-time cashier"

Heather Rose, TFLP

Calculator

Contact us

What's New

Virtual Practices’ hosted legal software and cashier service gives Patrick J Taylor start-up peace of mind

Virtual Practices’ outsourced accounts and software as a service helps ELS International

Litigation specialist Feltons Law saves time, money and stress with Virtual Practices

Cloudy and bright

Trends in outhosted services for law firms