Trust Accounting Using QuickBooks - Updated for QuickBooks 2010
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If you already know how to use QuickBooks but just don't understand how to setup your Trust Account, then this book is for you! Client Trust Accounts are serious business and this fully illustrated, step-by-step book takes on the serious practice of maintaining detailed financial records of client trust accounts.
This books cuts through the technical talk that you get with most computer manuals, and specifically spells out everything that you need to do to set up client trust accounts using QuickBooks.
This book is included in the Law Practice Accounting Using QuickBooks Book so there is no need to order both books!
You will learn how to setup client trust accounts, handle credit card transactions and how to handle retainers.
- Daily and Monthly Trust Account Activities
- Real World Scenarios to Help You Understand the Basic Principles
- Detailed Step By Step instructions, Including Screen Shots
- State Required Forms and Letters
- IOLTA and IOTA Forms and Guidelines
- Tips and Tricks for Maintaining Compliance
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What Every Lawyer Needs to Know About Client Trust Accounting
Client Trust Accounting is serious business. The trust bank account is a bank account you are using to hold money for a client to cover the cost of expenses. This money is to be kept in a separate bank account and cannot be commingled with other operating funds. It must be clearly identified, using the guidelines set forth by your state rules of conduct on handling Client Trust Funds.
It is your responsibility to handle your client´s funds correctly. You can´t pass this responsibility off to your bookkeeper.
» Learn MoreCustomer Reviews
Customer Review "I am delighted with the book. I had purchased QuickBooks about a year ago.
I then figured that I needed help using it and so I paid a near-by accounting firm $485.00 for help. About two weeks later,
I gave it up completely, it was costing a fortune in additional telephone calls and it was taking forever to do the simplest
things. With your book, "Law Practice Accounting Using QuickBooks", I was using it effectively with in about six hours;
my trust accounts were set up and I was doing business out of QuickBooks. If you had any idea how much time that you have
saved; if you had any idea how much sanity that I have remaining at the end of the day with your help then you would come to
Kentucky and demand an additional payment."
Charles Michael Dixon
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