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...
top of page
Our Blog
Blog
Search
Sep 17, 20212 min read
A Visual Guide to Understanding Three-way Reconciliation
Managing trust accounts means you should understand three-way bank reconciliations. Regardless of whether your state calls it an "IOLTA...
153
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...
179
![[INFOGRAPHIC] The Balance Sheet 101](https://static.wixstatic.com/media/9062d1_0743ececb867423a9292ed66675ff253~mv2.jpg/v1/fill/w_888,h_668,fp_0.50_0.50,q_90,enc_auto/9062d1_0743ececb867423a9292ed66675ff253~mv2.jpg)
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...
915
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...
4,470
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...
222
Jul 27, 20213 min read
How Is Legal Accounting Software Useful In Law Firms?
There is no doubt that technological advances can support the business to improve and gain competitive advantages in the market and law...
456
Jul 15, 20214 min read
How to Set Up a Small Business Bookkeeping System
According to the IRS, it is a must that all businesses keep basic financial records in order to track gross receipts, purchases,...
54
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...
76
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...
40
Jun 17, 20213 min read
What is a Profit and Loss Statement?
The Profit & Loss statement or P&L is an account compiled to show a business’s revenue, expenses, and net income over a given period of...
213
Jun 16, 20212 min read
Why Would You Need to Do a Bank Reconciliation Monthly?
Why Would You Need to Do a Bank Reconciliation Monthly? Bank Reconciliation
187
bottom of page