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Mar 4, 20243 min read
Maximizing Law Firm Profitability Through IOLTA Management
Among the various facets of financial management, IOLTA (Interest on Lawyers Trust Accounts) management plays a pivotal role. However,...
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Feb 22, 20243 min read
The Importance of IOLTA Accounts on Law Practice in CA
In the complex and regulated world of legal practice, managing finances goes beyond mere bookkeeping; it's a cornerstone of ethical law...
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Feb 7, 20242 min read
Understanding Undisputed vs. Disputed Funds in Trust Accounts
In the meticulous world of law firm financial management, grasping the distinctions between Undisputed Funds and Disputed Funds in a...
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Jan 30, 20243 min read
Trust Accounts and Interest on Lawyers' Trust Accounts
For law firms, the correct handling of client funds is not only a best practice but a crucial ethical obligation. This article delves...
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Jan 5, 20243 min read
How to File for an Extension of State Taxes
Navigating the complexities of tax season can be daunting for any business owner. Understanding the intricacies of filing for an...
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Dec 13, 20233 min read
Revenue Recognition Mastery for Construction Financial Success
In the construction industry, mastering revenue recognition is not just a compliance issue; it's a vital tool for financial success....
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Nov 28, 20232 min read
Construction WIP Bookkeeping: DIY vs. Professional Services
When it comes to Work in Progress (WIP) bookkeeping, contractors and construction business owners often find themselves at a crossroads:...
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Nov 8, 20234 min read
6 WIP Mistakes Contractors Make and How to Avoid Them
In the highly competitive field of construction, it is vital to have a firm grasp on all aspects of project management. And mastering...
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Oct 20, 20235 min read
Building Trust with Accurate WIP Reporting
Work in Progress (WIP) refers to tasks or projects that are still in progress. Accurate work-in-progress reporting is very important,...
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Oct 12, 20234 min read
Job Costing Essentials for Contractors
Delve into job costing essentials. Understand direct and indirect costs, their significance for contractors, the modern tools available,...
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Sep 10, 20235 min read
Comparing Sage 100 Contractor & Sage 300 CRE
In today's online world, construction companies need specific software. They want accuracy and speed, which is why many choose Sage 100...
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May 11, 20235 min read
Compare Operating Retainer and Trust Retainer: What Attorney Should Know?
Discover the key differences between operating retainer and trust retainer for attorneys. Learn which one suits your needs with our complete
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