How to Successfully Manage Client Funds — and Mitigate Accounting and Legal Risks
Whether or not you’re a legislation agency proprietor or a person legal professional, it’s doubtless you’ll end up managing consumer ...
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Tag: Accounting
Cash Vs. Accrual Basis Accounting: What’s the Difference?
One of many first selections enterprise homeowners should make is what sort of accounting methodology they’ll use to trace their ...
What is a Journal Entry in Accounting?
Monetary transactions are foundational to any enterprise—and so is monitoring them. And, whether or not you create them manually or ...
CosmoLex Trust Accounting is Anything but Basic
Have you learnt the biggest supply of shopper complaints about attorneys? Communication—unreturned calls, unanswered emails, and so on. The second ...
General Ledger in Accounting: A Guide
For many companies of any substantial measurement, the overall ledger acts because the spine of the corporate’s accounting system. That ...
Back to Basics: Legal Trust Accounting. Stay Compliant with Confidence!
Errors with authorized belief accounting can result in critical penalties. Let CosmoLex offer you the instruments needed to stay compliant. ...
Reconciliation in Accounting: What Lawyers Need to Know
Reconciliation in accounting—the method of evaluating units of information to verify that they’re right and in settlement—is important for guaranteeing ...