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QBO can work well for attorneys—if your chart of accounts matches law-firm reality. Start with: Income: Fees (by practice area if needed), Reimbursed Client Costs. COGS/Direct Costs: Client costs advanced (if you treat as expense) or a Current Asset (if…

Great dashboards aren’t noisy—they’re decision-ready. For a small firm or solo practice, include these must-haves: Profit & Margin (month and YTD), with a simple by-practice breakdown. Cash Position & Runway (current balance + upcoming obligations). Tax Projection (updated monthly—no April…

Year-end isn’t the time to sprint—it’s the time to prepare. Use this simple attorney checklist to close strong and enter tax season ready: Clean & Catch Up: Reconcile operating and trust accounts through December; fix miscodings now so deductions don’t…

DIY bookkeeping looks cheap—until you add up lost billable hours, missed deductions, and compliance risk. Every hour you spend in QuickBooks is an hour you’re not billing clients. And without attorney-specific workflows, it’s easy to miscode client costs, skip reconciliations,…

Attorneys don’t need more spreadsheets—they need the few metrics that actually move profit. Start with these nine, reviewed monthly: Utilization rate – % of work hours billed to matters. Realization rate – % of billed time collected after discounts Collection…

If you manage client funds, trust accounting isn’t a “nice to have”—it’s a non-negotiable compliance requirement. The gold standard is three-way reconciliation: matching (1) the bank balance, (2) the sum of all client ledgers, and (3) the balance in your…