Tech Tip #125: 3-Way Reconciliation Is Important, Make It Easy
There is no doubt that the 3-way reconciliation process is extremely important for law firms. Most jurisdictions require that it is performed monthly. The problem is the process can be difficult. Automating the 3-way reconciliation process can save you time and help your firm perform regulations more regularly to ensure that costly errors don’t go unnoticed for months at a time. To learn more about common trust accounting errors and how to solve them, read our recent blog post, Losing a Case, Pet Tigers, or Trust Fund Accounting, Which Poses the Greatest Risk to Your Law Firm?