Oct 19, 20212 min readLAW BOOKKEEPINGEverything Attorney Need to Know About Trust AccountSeparating client trust funds from law firm operating funds is a necessary practice. When it comes to running a small firm, this concept...
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Sep 17, 20212 min readACCOUNTING INFOGRAPHICSA Visual Guide to Understanding Three-way ReconciliationManaging trust accounts means you should understand three-way bank reconciliations. Regardless of whether your state calls it an "IOLTA...
Sep 10, 20212 min readACCOUNTING INFOGRAPHICS[INFOGRAPHIC] The Balance Sheet 101Accounting is often considered the language of business. In order to paint a complete picture of a business's past, present, and future...
Dec 15, 20203 min readLAW BOOKKEEPINGWhat Is An IOLTA Account? The difference between IOLTA and Attorney Trust.All of these account types (IOLTA, IOLA, and Attorney Trust) have the same purpose. They are all used to separate the client’s money from...