Forms and fees related to Rule B6: Accounts, Accounts Certificates, Professional Practice and Guarantee Fund

 

The Accounts Certificate is now strictly digital as of 1 August 2020 unless your practice unit has ceased to trade.

The digital Accounts Certificate can be accessed by signing into our website using the individual credentials of the Cashroom Manager only. Non-digital submissions of the Accounts Certificate will no longer be accepted.

There are 3 Accounts Certificates

Accounts Certificate ACC1 - this is the appropriate certificate for all practice units that hold client monies and/or operating a Client Bank Account .  This certificate is required twice a year from all practice units holding client monies or a client bank account. The certificate ACC1 covers a maximum six month period and should be submitted to the Society no later than 1 month after the end of the accounting period.

Accounts Certificate ACC2A – this is the appropriate certificate for all practice units that hold no client monies and that submit to SLAB for payments.  Certificate 2A covers a maximum 12 month period and should be submitted to the Society no later than 1 month after the end of the accounting period.

Accounts Certificate ACC2B - this is the appropriate certificate for all practice units that hold no client monies and that do not submit to SLAB for payments.  Certificate 2B covers a maximum 12 month period and should be submitted to the Society no later than 1 month after the end of the accounting period.

Fees - there are no fees applicable to any of the Accounts Certificate forms.

QLTR form - QLTR form (with guidelines for completion) for practice units dealing with cash balances held after the conclusion of a matter where the client or owner can no longer be traced or the balance is now considered to be abandoned.

If you are having any difficulty in accessing the Certificate please contact the Financial Compliance Department on 0131 476 8355.

If you are having difficulty locating your log in credentials email registrars at loginenquiries@lawsot.org.uk