Installed QuickBooks Premier and designed event
specific chart of accounts as well as an entire accounting package including payroll, accounts receivable, accounts payable, etc..
One of the major challenges that many law firms and legal professionals face is access to a legal
specific chart of accounts.
The lack of a legal -
specific chart of accounts on your general ledger leads to fiscal reporting and compliance issues for lawyers using generic accounting software.
Not exact matches
The
chart above does not
account for a person's
specific behaviors, age, sex, location, or other factors that can shift the results; it's an average
of the entire US population.
The best way to avoid these complications is to employ legal
specific accounting software that features legal
chart of accounts like:
Unfortunately without multiple software customizations, that cost a firm both time and money, general business
accounting software lacks many
of the legal -
specific charts needed to remain compliant.