by Lynda Artesani | Feb 6, 2022 | General Tips, IOLTA/Trust Accounts
The interest on a lawyer’s trust account, commonly known as IOLTA, is one of the most mysterious accounts in attorney’s chart accounts. Yes, we know it’s a bank account; we know that there’s interest, but we’re not sure how to put that...
by Lynda Artesani | Aug 15, 2021 | Data Migrations, General Tips, Other, QuickBooks, Work Processes
The following blog post is designed to help attorneys understand the reports they need to create using QuickBooks Online as their accounting software. The first report is a requirement of the American Bar Association and is a must for any law firm with a trust bank...
by Lynda Artesani | May 16, 2021 | Financial Statements/Distributions, General Tips
If you could secretly speak to most attorneys, not as an accountant, but as a friend, they would probably tell you that legal accounting is one of the things that keep them up at night. Sure, they know how to do the law practice work. But when it comes to doing...
by Lynda Artesani | Aug 16, 2020 | General Tips
Have you ever heard of a story that made you shake your head and say: “Uh, what century are we living in again?!” The unfortunate truth is that there are ethical lawyers and some not so much. Just like there are good bookkeepers and accountants and not so good...
by Lynda Artesani | May 17, 2020 | General Tips
As you know, these past few weeks have been all about me reviewing a legal billing or practice management apps. It got me thinking, what processes do attorneys or bookkeepers go through to find the right software? Where do you go to first? How do you...
