Aug 25, 20216 min readLAW BOOKKEEPINGFinancial Fundamentals in Accounting for Law FirmsTABLE OF CONTENT Get to love your numbers Financial statements - Make it easy Balance Sheet (B/S) Profit & Loss Statement (P&L) Get to...
Feb 3, 20213 min readBOOKKEEPING TIPS4 Common Accounting Pitfalls Law Firms Must Avoid (2023 Updated)- There is no Money In and Out of the fund (no flow of transactions) - Overdraft client ledgers at the transaction level.
Jan 5, 20212 min readLAW BOOKKEEPINGLaw Firm Accounting: 4 Common Legal Accounting MistakesIn legal accounting, all cases expenses are not treated the same. It is important to ensure that every item billed is tracked