30 10
The end of the year will be here before you know it. That means your law firm needs to reconcile all credit card statements. Do this by entering finance charges and interest as well as any late fees and/or cash rewards. Additionally, match each transaction to the credit card statement and what’s in your books, […]
25 10
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 […]
24 10
Here we are in October, and before you know it we’ll be staring down December and the end of the year. Like many firms, you’re probably getting your financials in order. Remember to pay any outstanding bills before the end of 2017! Your vendors will be thrilled, but you’ll also be able to take the […]
18 10
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 […]
17 10
Over drafting a client ledger can spell major trouble for your firm. For firms using QuickBooks Online (QBO) or other general business purpose accounting software, there’s usually nothing preventing you from over-drafting the ledger. If you’re using a general accounting software, inquire how overdrafts are handled, then switch to a legal-specific solution that has safeguards in […]
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