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, 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 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...
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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,...
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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 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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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...
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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
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Jun 10, 20215 min read
Tips on Improving Accounts Receivable Processes
The ability to effectively manage your account receivables (AR) is a prerequisite for running a successful business. It is unfortunate...
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