Calculating your law firm operating expenses can be challenging when it comes to reimbursements. Since law firms tend to have reimbursements more often than other types of businesses, there is an enhanced need to accurately record and reflect this data in your books. Today, we’ll discuss multiple types of reimbursements and how to record these … Read more
As a bookkeeper, I frequently recommend using QuickBooks Online for law firms because of the fantastic capabilities it has for effectively managing law firm finances and because of its ability to aggregate financial information that can be really helpful for growing law firms. For attorneys, accounting is especially important because it must be done a … Read more
For law firms operating under the typical fiscal calendar, March 31st marked the end of the first financial quarter of 2022. That means it’s time for firms to evaluate their quarterly financial data in order to draw conclusions about how to best improve their firm in the remaining financial quarters this year.