Tech Tip #186: QuickBooks Lacks the Trust Reports Needed By Law Firms

Trust Reports CosmoLex

Trust accounting is much more in-depth and more heavily scrutinized than your firm’s operating accounting. It requires that a three-way reconciliation is performed monthly. QuickBooks can break down activity and balance by matter, but it doesn’t allow firms to run reports breaking down book balance, bank balance, and the sum of individual card balances- which are all necessary for law firms to remain compliant. Do you still think that you can make QuickBooks work for your law firm? Learn more about the 7 Reasons to Run a QuickBooks-Free Law Firm

Notebook

No Fields Found.

Ready to make the switch?

Start a 10-day Free Trial of CosmoLex

Try For Free

See CosmoLex in action!

Schedule a Personalized Demo Now

Try For Free