QuickBooks for Law Firms: What It Handles Well, and Where Trust Accounting Changes Everything
QuickBooks works for law firms, but not out of the box. It handles general accounting, invoicing, and reporting well, but it has no built-in IOLTA structure, no three-way reconciliation, and no per-client trust ledger, which means a firm that just starts entering transactions is one miscategorized retainer away from a bar complaint. With the right […]
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