Posts in Quickbooks Online
Bookkeeping for Lawyers - Overcoming the Trickiness of the Trust account and how to Record income, Trust Liabilities and Reimbursable Case Costs Correctly.
Bookkeeping for Lawyers - Overcoming the Trickiness of the Trust account and how to Record income, Trust Liabilities and Reimbursable Case Costs Correctly.

It has become apparent over the last few years that not all bookkeepers know how to correctly record income that Lawyers received if they are paid a retainer. Here are three examples of how to record income correctly if (1) you receive a retainer and record all income to one category, (2) you receive. a retainer and record income earned to different categories in stages or (3) you are paid after the settlement of a case.

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Bookkeeping, Quickbooks OnlineJulie Callahan#financial, #entrepreneur, #trustaccounts, #bookkeepingforlawyers, #accurateinformation
Mastering Business Finances: The Crucial Role of Budgeting and Regular Review for Entrepreneurs
Mastering Business Finances: The Crucial Role of Budgeting and Regular Review for Entrepreneurs

Budgeting is all about planning for success. By creating monthly, quarterly, and yearly budgets, entrepreneurs can set realistic financial goals and establish clear parameters for their business operations. Budgets serve as a roadmap, guiding entrepreneurs to make informed decisions and allocate resources effectively.

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Accounting, Quickbooks Online, BookkeepingJulie Callahan#entrepreneur, #success, #financial, #goalsComment