by Lynda Artesani | Feb 20, 2022 | Chart of Accounts, Financial Statements/Distributions, General Tips
One of the things I love about collaborating with other accountants and bookkeepers is learning new trade tricks. The last few weeks have been narrowly focused on how to clean up your client files. This week is also similar as one of the final steps in the cleanup is...
by Lynda Artesani | Jan 23, 2022 | General Tips
Let me paint the picture. You are doing your accounting records for your law firm. You send the tax professionals the financial documents that they requested. The tax professional contacts you and says, “No, I need these records on a cash basis as that is how we...
by Lynda Artesani | Aug 8, 2021 | Data Migrations, General Tips, Other, QuickBooks, Work Processes
There is a lot that goes into accounting for law firms. Why is it essential if you are a partner or a solo lawyer in your firm? In this article, we will dive deep into educating the attorney on the importance of tracking finances. Accounting is just basically that....
by Lynda Artesani | Jul 4, 2021 | Chart of Accounts, General Tips, QuickBooks
Welcome to a series on how to use QuickBooks Online for attorneys and law firms. A chart of accounts is a very important aspect of the accounting system for a legal entity. You need to make sure that you have the right chart of accounts as it directly affects the way...
by Lynda Artesani | Jun 13, 2021 | Financial Statements/Distributions, General Tips
As any law firm executive knows, tracking metrics is crucial to drive return on equity and maintain profitability. It can be a painstaking process that can be time-consuming and difficult to implement. It’s not easy to determine which data is important and which is...
