Two File Method with Trust Accounting

You may have seen this title and wondered what the heck is Lynda talking about? What is a two-method file setup?

Many people believe that having the trust accounting in a separate QuickBooks...

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What you need to know about Payroll when working with Attorneys & Law Firms

Do you work with attorneys?  What is the differences in working with law firms and payroll?  The short answer is not much.  But it all comes down to the entity.   Are they...

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Attorney Payroll


If you work with attorneys and law firms, you know that there is complexity in their payroll. Many times the most basic payroll service options won’t do. Additionally, add to that...

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Has Your Advanced Client Cost Account been Reconciled?


I think the second most popular topic that I get asked about after talking about trust accounting is advanced client costs.

What is it?  When do we use it?  How do we...

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Attorney Books: IOLTA Messes


The trust account can be one of the places that's a significant sticking point for bookkeepers and accountants. I can't even count on one hand how many times an attorney will tell me, "I...

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Attorney Compensation Models


When you start to work with the larger firms, you'll find that the compensation reporting can get a bit tricky. There are multiple ways of compensating attorneys. The most common...

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Attorney Financial Reporting


The topic for our weekly meeting on Wednesday at the Accountant's Law Lab, our private invite-only group, is attorney financial reports and compensation reporting. What reports does an...

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Don’t look behind you to see the future: Forecasting attorneys books

Are you looking in the rear view mirror to determine your law practice's forward trajectory? That's what a lot of us are doing if we are using a cash flow report or looking at our financial...

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Have you heard about the Accountant’s Law Lab?

Let’s say you just landed your very first attorney-client.  You are excited because you want to work with these very professional clients.   But you are nervous because you know...

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