Firm money mixed into your trust account? Here is the step by step bookkeeping fix for a commingled trust account, in the right order, so you do not make it worse.
CTAPP asks California firms to certify how they manage client trust accounts. Here is the bookkeeping that makes those answers true, and where to get help.
Trust account out of balance or months behind? Here is how a trust account cleanup works for law firms, what it fixes, and what you get at the end.
How three-way reconciliation works, why the three numbers must agree to the penny, and what to do when they do not. A plain language guide for law firms.
Trust account short or overdrawn? Stay calm. Here are the first steps, what usually causes it, and when the question belongs to your state bar.
Your bank sent an IOLTA overdraft notice? Stay calm. Here is the bookkeeping process to trace the cause, fix the numbers, and steady your trust account.
Bookkeeping, accounting and CFO work are not the same job. Here is what a fractional CFO actually does for a law firm and when it starts to pay off.
What California firms want in place before a CTAPP review: clean client ledgers, monthly three-way reconciliation and records that back them up.
How to set up and maintain individual client ledgers for an IOLTA account, what every entry needs, and the gaps that show up in a bar review.