Caren Schwartz founded Time & Cents Consultants, LLC, to help legal and other service professionals select, install and get the most out of their practice management, billing, accounting, and other firm specific technologies. She works to allow companies to better manage their time, money and information through the practical and efficient use of their software. She is an expert in billing, case and practice/office management systems. Caren focuses on making practice management software into real world turn-key solutions. By understanding a firm’s practice, business and industry needs, she can help implement a solution that meets the practice’s requirements. Time & Cents Consultants is a member of the 35*45 Consulting group providing expanded resources to meet a full range of hardware and software solutions.
Time & Cents works with a diverse range of industries including law firms, accounting and other professional service firms. Certifications include
- Centerbase
- Tabs3 and PracticeMaster
- QuickBooks® and QuickBooks Online
- Timeslips® by Sage
- Sage 50®
- Amicus Attorney® and Amicus Premium Billing
- Time Matters®, Billing Matters™
- PCLaw®
- Cosmolex
- Timesolv
- Clio
- ZolaSuite
Caren is a member of the Intuit Accounting Professionals Trainer and Writers Network and has taught classes for Solo Practice University, SCORE, Scaling New Heights and the AccountEx Network. Caren has written for Technolawyer®, a respected online newsletter for attorneys and the Intuitive Accountant. She is the author of the book QuickBooks for Law Firms.
About Us
Recommendations Received (15)
"Very experienced and great consultant. I have enjoyed working with Caren in the past."
"Great to work with, very knowledgeable and professional. "
Products & Services
Provide consulting to legal and professional services firms on billing, accounting and practice management software. Help you choose the right solu...
Recommendations Given (10)
"Good chiropractic adjustment in a friendly safe environment. "
"When it comes to zapier or QBO, Heather offers extensive knowledge and a great teaching style "
Recent Activity
Caren from Time & Cents - Software Consulting for Legal and Professional Services Answered this on February 14, 2020
There are many ways. You can get feee forms from the IRS or buy then in the store. If you are using a payroll service they should do the forms for the employees. There are also services like Track1099 that will do them or your software will do them. Note you are a little late as they were...
(more)
There are many ways. You can get feee forms from the IRS or buy then in the store. If you are using a payroll service they should do the forms for the employees. There are also services like Track1099 that will do them or your software will do them. Note you are a little late as they were supposed to go out by January 31.
Caren from Time & Cents - Software Consulting for Legal and Professional Services Answered this on July 19, 2019
Different people may have different definitions but I look at a bookkeeping as primarily entering transactions into the system. Accounting is really understanding the data to make recommendations for the business. Accounting would also be preparation of tax returns and financial statements. I...
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Different people may have different definitions but I look at a bookkeeping as primarily entering transactions into the system. Accounting is really understanding the data to make recommendations for the business. Accounting would also be preparation of tax returns and financial statements. I am differentiating based on work not title because in many states only a CPA can be called an accountant but a "bookkeeper" with knowledge and desire may due accounting functions other than tax returns. Hope this helps.
Caren from Time & Cents - Software Consulting for Legal and Professional Services Answered this on September 14, 2018
Agreed. Giving is as important as getting and usually, in the long run, you get back more than you give
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Agreed. Giving is as important as getting and usually, in the long run, you get back more than you give
Caren from Time & Cents - Software Consulting for Legal and Professional Services Answered this on May 29, 2018
I am not a lawyer but I specialize in working with law firms on billing, accounting and practice management software
Some things I would say they need (depending on systems using)
- 3 way trust reconciliation and make sure trust bank and liability accounts tie
- matching of income if using...
(more)
I am not a lawyer but I specialize in working with law firms on billing, accounting and practice management software
Some things I would say they need (depending on systems using)
- 3 way trust reconciliation and make sure trust bank and liability accounts tie
- matching of income if using separate billing program
- Reconciliation of advanced client costs
- If needed reports of fee allocation based on originating, responsible and/or time worked
- if use flat fees, flat fee analysis reports
- whom ever is responsible for billing should be running AR and WIP reports
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