ContentFigure Out What Types of Bank Accounts You NeedNot Distinguishing Between Revenue and IncomeOptimize Your Reporting with ClioTaxSlayerPCLaw® and Time Matters® – Why Your Law Firm Needs an Annual Maintenance Plan These best practices all come back to one idea — staying organized. You want to pay attention to the ABA’s rules, as not doing so could lead to some severe consequences. Being familiar with this concept gives you an understanding of ...

ContentElements of the Financial Section of a Business PlanHow to use ChatGPT to help build your expense budget:Firm of the FutureStart your 3-day free trial today!What is a financial forecast?Budget planning Use the information you unearthed in researching your business plans, such as statistics from industry associations, data from government sources, and financials from similar businesses. An accountant with experience in your industry can be u ...

ContentCash Flow ProjectionsHow to Create Financial Projections For Your Business (Accurately)Cost of goods sold (COGS)What Are Financial Projections Used for?Financial Projections for Startups and Small BusinessesPRODUCT Software, equipment, sales and marketing, accounting services, legal fees, and all the other costs of doing business need to be included in your expense projections. Starting a small business can be hard enough without struggling ...

ContentAnna DiBella Discusses Old Law vs New Law on Chops Talks Ops PodcastReason #2: The accuracy in Trust Accounting managementLexisNexis and Uptime Legal – a Match Made in the CloudHow to Use Timeslips & QuickBooks in the Cloud in 2023Legal Accounting and BookkeepingWhat are the most common types of billing methods in a law firm? This not only simplifies deposit reconciliation but gives you a strategic way to evaluate your budgets, cash flow, a ...