This article will help you become familiar with accounting and general money movement for law firms. Whether you're an accountant who just started working for a law firm, or you have a remote bookkeeping business and want to specialize in this industry, it helps to be familiar with some of the processes. This will be … Continue reading Overview of Accounting for Law Firms
Career Mistakes to Avoid
In this article, I'm going to talk about mistakes I see people making in their career. This is assuming you have big goals and want to move up the corporate ladder and/or work in great companies that pay you well based on your skill set. I realize that not everyone cares about these things, and … Continue reading Career Mistakes to Avoid
Personality and skills needed to become a Bookkeeper
Are you thinking of becoming a bookkeeper? In this article I want to give a brief outline what personality traits and skills are needed to excel in this industry. Self-direction A huge part of bookkeeping is that you will be expected to get a lot of work done on your own, without someone holding your … Continue reading Personality and skills needed to become a Bookkeeper
Searching for a Bookkeeper Position
If you're interested in becoming a bookkeeper, you might be searching for an entry-level bookkeeper position. I wanted to outline some key points to consider when looking for your first bookkeeping job. You could be looking for a job in a single company or a job in a bookkeeping or CPA firm where you would … Continue reading Searching for a Bookkeeper Position
Accounting entries for Trust accounts
This article will review basic accounting concepts for Trust/Escrow/IOLTA bank accounts. These are bank accounts that hold funds on behalf of someone else, such as an attorney holding funds in the form of a retainer from a client, or an attorney holding money for a property purchase. There may be some differences between Trust, Escrow … Continue reading Accounting entries for Trust accounts