Business Accounting Tips To Prepare Your Firm For 2018

Business Accounting Tips For Law Firms 2018

Last week, we discussed several important items to check off your to-do list to get your law firm’s accounting in order as the year comes to a close. And while it may seem like it’s a little early to be making resolutions for the new year, today we’re covering what you need to know to […]

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2017 Year-End Accounting Checklist for Law Firms

2017 Year-End Legal Accounting Checklist

The pumpkins have been carved, the candy has been bought, and soon enough, the streets will be filled with eager trick-or-treaters. And we all know what comes next…As October comes to a close, we gear up for yet another busy holiday season. But don’t get caught up in the rush and wait until it’s too […]

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Critical QuickBooks Online Billing Challenges for Law Firms

QBO Billing Challenges

Previously we discussed the trust accounting challenges associated with attorneys using Quickbooks Online as identified by industry expert Caren Schwartz. While trust accounting is an extremely challenging area for attorneys and there are a number of challenges presented to them when using Quickbooks Online (QBO), the challenges don’t stop there. For attorneys utilizing QBO, they […]

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Critical QuickBooks Online Trust Accounting Challenges for Law Firms

Frustrated QBO trust accounting

When it comes to accounting software, QuickBooks remains the go-to solution for many businesses. With the recent move to the cloud in the form of QuickBooks Online (QBO), more and more companies across industries are taking advantage of the program’s extensive on-demand capabilities for their business accounting needs. However, while many law firms continue to […]

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The Do’s and Don’ts of Handling Client Funds

Handling Client Funds

Like any valuable asset entrusted to your care, handling client funds demands a great deal of responsibility and attention to detail. Before establishing a system to adequately manage such funds, however, your firm must first fully understand legal accounting, an element that many practices often neglect. While some attorneys may consider accounting outside their realm […]

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