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Sep 28, 20216 min read
Three Common Mistakes that Lawyer Make With IOLTA
A simple explanation about IOLTA, how it works, 3 most common mistakes and how to avoid them.
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Sep 22, 20215 min read
The Beginner’s Guide to Trust Accounting
Sometimes it is easy to understand the terms or technical words in the field you work in, sometimes it is not. Even when you understand...
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Sep 21, 20215 min read
4 Key Practices For Effective Trust Account Management
Every single lawyer knows Trust funds are very crucial to them. They are not only your clients’ most valuable assets but are also...
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Sep 13, 20215 min read
7 Accounting Tips to Keep Law Firms Accounting Numbers In Order
Accounting in law firms requires specific skills and care because it is distinguished from accounting in general businesses. In this...
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Sep 10, 20212 min read
[INFOGRAPHIC] The Balance Sheet 101
Accounting is often considered the language of business. In order to paint a complete picture of a business's past, present, and future...
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Sep 7, 20215 min read
How To Set Up The Chart Of Accounts For Law Firm Clients
Lawyers and law firms have specific financial needs that are unique to their industry. When a lawyer decides to make the jump from being...
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Aug 25, 20215 min read
Why Law Firm Accountants And Bookkeepers Are Beneficial To Lawyers?
In terms of business management, there are lawyers thinking of ways to spend the money they have earned and there are ones struggling to...
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Aug 25, 20216 min read
Financial Fundamentals in Accounting for Law Firms
TABLE OF CONTENT Get to love your numbers Financial statements - Make it easy Balance Sheet (B/S) Profit & Loss Statement (P&L) Get to...
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Aug 23, 20218 min read
A Foolproof Guide to 8 Common Law Firm Bookkeeping Mistakes
Bookkeeping is essential for every law firm, even if it brings back unpleasant memories of "math classes" in school. You can make...
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Jul 2, 20213 min read
5 Bookkeeping Items to Double-Check Before Finalizing Your Tax Return
There is some steps business owner can take to minimize the risk of getting your tax returns flagged by the IRS for manual processing — a...
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Jun 28, 20214 min read
PPP Loan Forgiveness: How To Track Expenses for Maximum PPP Loan Forgiveness
There are many small businesses that are getting PPP loans. Besides, there are even more businesses that are lining up to receive funds...
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Jun 18, 20214 min read
How To Small Cut In Costs For A Business To Save Big
For every small business owner, cutting down costs to optimize profit is a complicated decision. Because cutting costs sometimes might...
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