Law Firm Trust Accounting Pitfalls

An IOLTA/Trust account is an account that lawyers use to hold client's up front deposits, which are more commonly know in the industry as retainers, until the money is earned. It is at that time...

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Why is my Trust Account Not Balanced?

As you dig deeper into trust accounting, this is the age-old question. Why is my trust accounting not balanced?

We see this all the time with clients. They’ll tell us that their trust...

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Is Trust Accounting Hard?

If you just landed your first attorney-client, you may be struggling with some of the terminologies:  IOLTA, what the heck is that? Trust Accounting, is that an IOLTA?  And what are the...

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Indirect or Soft Costs


A couple of weeks ago, I wrote an article that was all about Direct/Hard costs when working with attorney clients. This week we are going to dive into what Indirect/Soft costs are....

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Attorney Bookkeeping: Direct or Hard Costs


I know I have written many articles on this topic. But it seems to be the one topic that keeps attorneys and bookkeepers awake at night. Let's dive in.

Hard Costs/Direct Costs...

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Letting Go…

If you are a QB Community Live member, you may have seen a recent video by my partner, Matthew Fulton, announcing my exit from the group as Admin.

Many of you were kind and reached out to...

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Law firms: Migrating to Cloud-Based Software


Are you stuck in a desktop world? Are you chained to your computer and when you try to do your work remotely?  Do you have to log into a server? Did you know that this type of...

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The Best Workflow When Working With Attorneys As An Accountant

Legal Workflow for Accountants

I’m fortunate to be known as a person who works with attorneys as a specialist In the legal industry.

 I’ve had multiple people ask, ...

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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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