QuickBooks for Law Firms: Smart Techniques That Will Save Time and Money
- ISBN-13: 9781932487640
QuickBooks is the most popular small business accounting software program, and it is used in all types of industries. Legal firms are no exception, with thousands of small law offices using QuickBooks across the country. But lawyers and their firms have specific needs. QuickBooks can be a smart choice for legal firms, but only if it is properly set up and transactions are entered correctly and consistently. This book will help lawyers and their staff make the right choices and use QuickBooks correctly. It will guide attorneys through the terminology, special setup issues, and billing needs to help ensure their law firm's accounting is accurate and easy. We also cover ways to make law offices more efficient with add-on products that work for attorneys. QuickBooks for Law Firms: Smart Techniques That Will Save Time and Money shows you how to use QuickBooks to: • Set up your Chart of Accounts and items. • Set up customers and vendors. • Set up rates and track time. • Track expenses and bill them to your clients. • Generate invoices and statements for your clients. • Track your receivables. • Manage general retainers. • Manage Interest on Lawyer Trust Accounts (IOLTAs) and trust accounts. "Any lawyer using QuickBooks in his or her office will find this a very valuable resource." - Julie Zevchek, Executive Office Solutions, Inc.
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