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Accurately-Handle-Different-Types-of-Accounts-Payable

Tech Tip #232: Accurately Handle Different Types of Accounts Payable

Every business handles accounts payable, but the unique requirements of law firms creates three different accounts payable that all need to be handled differently: office bills and cash flow, bills from vendors billed to the client, and 3rd party lien claims. Failure to handle these correctly can lead to disciplinary actions and penalties, so be sure to identify each bill according to the correct accounts payable. Learn more about how to navigate the key challenges related to accounts payable

 

CosmoLex Team