Posts filed under 'Trust Accounting'
Trust Account Bookkeeping Basics
If your firm holds trust accounts for clients, you are bound by state regulations and must follow stringent rules. Maintaining compliance is an on-going concern. After all, even an inadvertent misstep can put your professional license at risk. A few simple bookkeeping basics will help ensure that your trust accounts are always in compliance.
Add comment May 14, 2009
Trust Fund Accounting Dos and Donts
To maintain escrow or trust accounts that comply with state regulations, you must follow strict trust accounting rules. Yes, client trust account management is typically dull, and it’s tempting to assign the clerical work to somebody else in the office. While you may entertain the thought, it’s important to remember, office staff doesn’t get disbarred, lawyers do! Find out how easy it is to ensure that your trust accounts are always ready for an audit.
Add comment May 8, 2009
