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Tips to Help Attorneys with Large Amounts of Open Accounts Receivable

Tips to Help Attorneys with Large Amounts of Open Accounts Receivable

by Lynda Artesani | Sep 5, 2021 | Accounts Receivable, General Tips, Other, QuickBooks, Work Processes

Many lawyers are in the position of having a significant amount of open accounts receivable. This was eye opening to me.  How does this happen in these law firms?   1They may have had to take on the responsibility of a partner who left the practice and there...
Attorney Bookkeeping: Entering Historical Opening Client Trust and Accounts Receivable Balances

Attorney Bookkeeping: Entering Historical Opening Client Trust and Accounts Receivable Balances

by Lynda Artesani | Jul 25, 2021 | Data Migrations, General Tips, Other, QuickBooks, Work Processes

The Client Trust liability account in QuickBooks Online when you work with attorneys is a critical account. It is an account that should be entered with a history. This post will explain why the full accounting history needs to be entered into the client trust...

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