Accounting

By Drew Mathers | March 17, 2015

The special requirements of law firm accounting can be daunting, as the LSUC Bookkeeping Guide illustrates. http://www.lsuc.on.ca/WorkArea/DownloadAsset.aspx?id=2147490537

Many people mistakenly believe that Quickbooks cannot handle law firm trust accounting. This myth is put to rest in the book “Law Practice Accounting Using Quickbooks” by Lynette Benton. http://attorneystechnology.com/quickbooks-books/law-practice-accounting-using-quickbooks/

Clio can send data to Quickbooks and they share accounting functions as follows:

Clio: Time tracking, client billing, client trust listing
Quickbooks: General Ledger, Accounts Payable, bank reconciliation

Posted in Legal Technology