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Tech Tip #70 – Realizing Income For Your Firm

When your firm wants to realize income it is important that any invoice payments that are made go through the appropriate hierarchy before you consider any of that money yours. Any payments made to your firm must first be applied to liabilities, hard costs, soft costs, and any finance charges or late fees. Legal Accounting can be hard, see how it could affect your income– learn more

CosmoLex Team