Tech Tip #198: Trust Accounting Risks: General Business Accounting Software
Trust accounts are something that is specific to legal accounting, so your firm should be using an accounting system that is legal specific. Generic systems may offer workarounds, but they won’t stop you from overdrafting or commingling the funds of multiple clients. Use legal specific accounting software to manage your trust accounts. Learn more about 5 Trust Accounting Risks that Affect Your Bottom Line.