---
description: Compare Actionstep Legal Accounting vs CosmoLex regarding their features, reviews, pricing, specifications, screenshots & more.
image: https://gdm-localsites-assets-gfprod.imgix.net/images/software_advice/og_logo-55146305bbe7b450bea05c18e9be9c9a.png
title: Actionstep Legal Accounting vs CosmoLex Comparison
---

Breadcrumb: [Home](/) > [Accounting Software](/directory/4220/accounting/software) > [Actionstep Legal Accounting \<span\>vs\</span\> CosmoLex](https://www.softwareadvice.com.au/compare/95324/426285/soluno/vs/cosmolex)

# Compare Actionstep Legal Accounting vs CosmoLex

Canonical: https://www.softwareadvice.com.au/compare/95324/426285/soluno/vs/cosmolex

> Detailed comparison between Actionstep Legal Accounting and CosmoLex. Check ratings, reviews, pricing, and features to make the best decision for your business.

-----

## At a Glance

| Metric | Actionstep Legal Accounting | CosmoLex |
| **Overall rating** | 4.5/5 | 4.6/5 |
| **Total Reviews** | 104 | 349 |
| **Starting Price** | USD 99.00 | USD 99.00 |
| **Free Trial** | No | Yes |
| **Free Version** | No | No |
| **Deployment** | Cloud, SaaS, Web-based, Mac (Desktop), Windows (Desktop), Linux (Desktop), Windows (On-Premise), Linux (On-Premise), Chromebook (Desktop) | Cloud, SaaS, Web-based, Mac (Desktop), Windows (Desktop), Linux (Desktop), Chromebook (Desktop), Android (Mobile), iPhone (Mobile), iPad (Mobile) |
| **Support** | Email/Help Desk, FAQs/Forum, Knowledge Base, Phone Support, 24/7 (Live rep), Chat | Email/Help Desk, FAQs/Forum, Knowledge Base, Phone Support, 24/7 (Live rep), Chat |
| **Training** | In Person, Live Online, Webinars, Documentation, Videos | In Person, Live Online, Webinars, Documentation, Videos |

## Key features

### Actionstep Legal Accounting

- API
- Accounting
- Accounts Payable
- Accounts Receivable
- Activity Tracking
- Archiving & Retention
- Asset Accounting
- Billing & Invoicing
- Billing Rate Management
- Client Management
- Customer Database
- Document Capture
- Document Management
- Email Management
- Fee Calculation & Posting
- For Lawyers
- Invoice Management
- Online Invoicing
- Receipt Management
- SSL Security

### CosmoLex

- API
- Accounting
- Accounts Payable
- Accounts Receivable
- Activity Tracking
- Archiving & Retention
- Asset Accounting
- Billing & Invoicing
- Billing Rate Management
- Client Management
- Customer Database
- Document Capture
- Document Management
- Email Management
- Fee Calculation & Posting
- For Lawyers
- Invoice Management
- Online Invoicing
- Receipt Management
- SSL Security

## Links

- [View Actionstep Legal Accounting Profile](https://www.softwareadvice.com.au/software/95324/soluno)
- [View CosmoLex Profile](https://www.softwareadvice.com.au/software/426285/cosmolex)
- [View Original Comparison](https://www.softwareadvice.com.au/compare/95324/426285/soluno/vs/cosmolex)

-----

## Structured Data

<script type="application/ld+json">
  {"@context":"https://schema.org","@graph":[{"name":"Actionstep Legal Accounting vs CosmoLex Comparison","description":"Compare Actionstep Legal Accounting vs CosmoLex regarding their features, reviews, pricing, specifications, screenshots & more.","url":"https://www.softwareadvice.com.au/compare/95324/426285/soluno/vs/cosmolex","about":[{"@id":"https://www.softwareadvice.com.au/software/95324/soluno#software"},{"@id":"https://www.softwareadvice.com.au/software/426285/cosmolex#software"}],"breadcrumb":{"@id":"https://www.softwareadvice.com.au/compare/95324/426285/soluno/vs/cosmolex#breadcrumblist"},"@id":"https://www.softwareadvice.com.au/compare/95324/426285/soluno/vs/cosmolex#webpage","@type":["WebPage","CollectionPage"],"publisher":{"@id":"https://www.softwareadvice.com.au/#organization"},"inLanguage":"en-AU","isPartOf":{"@id":"https://www.softwareadvice.com.au/#website"}},{"name":"Actionstep Legal Accounting","description":"Actionstep Legal Accounting is a cloud-based legal accounting and financial management solution designed specifically for midsize law firms. The platform brings together legal accounting, trust accounting, time and expense tracking, billing, and financial reporting to help firms streamline financial operations, improve accuracy, and gain greater visibility into their financial performance.\n\nComprehensive Legal Accounting &amp; Financial Management\nManage your firm's financial operations with a robust general ledger, accounts payable, banking, expense management, and financial reporting tools designed for the unique needs of law firms. Actionstep Legal Accounting supports cash, accrual, and hybrid accounting methods while providing tools to track financial transactions, manage vendor payments, reconcile accounts, and monitor firm profitability.\n\nTrust Accounting &amp; Compliance\nSimplify the complexities of managing client funds with built-in trust accounting capabilities. Manage multiple trust accounts, track client balances, process trust transactions, and perform three-way trust reconciliations. Comprehensive audit trails, financial controls, and trust reporting help firms maintain accurate records and support compliance with applicable trust accounting requirements.\n\nTime Tracking, Legal Billing &amp; Payments\nCapture billable time and expenses, streamline invoice preparation, and manage flexible billing arrangements. Actionstep supports hourly, fixed-fee, and retainer billing, along with pre-billing, split billing, consolidated billing, and electronic billing. Customizable invoices and integrated billing workflows help reduce administrative effort, improve billing accuracy, and support more efficient collections.\n\nFinancial Reporting &amp; Visibility\nGain insight into the financial health of your firm with reporting tools that track profitability, accounts receivable, work in progress, trust balances, and other key financial metrics. Access financial statements, productivity reports, and audit-ready records to help finance teams and firm leaders make informed business decisions, identify opportunities for improvement, and maintain greater financial oversight.\n\nBuilt for Law Firm Finance Teams\nDesigned for the unique financial requirements of legal practices, Actionstep Legal Accounting provides a dedicated solution for managing the business side of law. The platform operates independently or integrates with Actionstep Practice Management, allowing firms to connect financial data with broader practice operations when needed.\n\nWith cloud-based access, flexible accounting and billing capabilities, and tools tailored to the legal industry, Actionstep Legal Accounting helps growing law firms simplify back-office operations, strengthen financial controls, improve cash flow, and manage their finances with confidence.","image":"https://gdm-catalog-fmapi-prod.imgix.net/ProductScreenshot/06dd41a8-1c88-48d0-909c-84bed5e64871.jpg","url":"https://www.softwareadvice.com.au/software/95324/soluno","@id":"https://www.softwareadvice.com.au/software/95324/soluno#software","@type":"SoftwareApplication","applicationCategory":"BusinessApplication","publisher":{"@id":"https://www.softwareadvice.com.au/#organization"},"aggregateRating":{"@type":"AggregateRating","bestRating":5,"ratingCount":104,"ratingValue":4.5},"offers":{"price":"99","@type":"Offer","priceCurrency":"USD"},"operatingSystem":"Cloud, Apple, Windows, Linux, Windows on premise, Linux on premise, Chrome"},{"name":"CosmoLex","description":"CosmoLex is a cloud-based legal management solution that offers features including time tracking, billing, trust accounting, task and document management. The solution connects all modules so that users do not have to enter information into multiple systems or clean up errors due to double entry. CosmoLex is a modular solution that allows users to synchronize and replicant information between multiple modules in real-time.\n\nThe CosmoLex’s legal time and billing module helps in managing batch processing invoices, past due notices and more. It also helps to capture all billable activities and manage them by creating customizable invoices and overdue invoice notices.\n\nCosmoLex offers trust (IOLTA) accounting functions that help users to manage client funds, print checks, deposit slips and bank statements. The activity log keeps information on past reconciliations and generate three-way reconciliation reports on a monthly basis. The solution can integrate with Dropbox, Google Drive and NetDocs. It is priced on per month per user basis. Support is available via phone and email.","image":"https://gdm-catalog-fmapi-prod.imgix.net/ProductScreenshot/f6e01b16-c6a1-48ae-8beb-3d3faf2c820b.png","url":"https://www.softwareadvice.com.au/software/426285/cosmolex","@id":"https://www.softwareadvice.com.au/software/426285/cosmolex#software","@type":"SoftwareApplication","applicationCategory":"BusinessApplication","publisher":{"@id":"https://www.softwareadvice.com.au/#organization"},"aggregateRating":{"@type":"AggregateRating","bestRating":5,"ratingCount":349,"ratingValue":4.6},"offers":{"price":"99","@type":"Offer","priceCurrency":"USD"},"operatingSystem":"Cloud, Apple, Windows, Linux, Chrome, Android, Platform ios, Platform ipad"},{"@id":"https://www.softwareadvice.com.au/compare/95324/426285/soluno/vs/cosmolex#breadcrumblist","@type":"BreadcrumbList","itemListElement":[{"name":"Home","position":1,"item":"/","@type":"ListItem"},{"name":"Accounting Software","position":2,"item":"/directory/4220/accounting/software","@type":"ListItem"},{"name":"Actionstep Legal Accounting vs CosmoLex","position":3,"item":"https://www.softwareadvice.com.au/compare/95324/426285/soluno/vs/cosmolex","@type":"ListItem"}]}]}
</script>