You have a responsibility to your clients and your state bar to keep your trust accounting accurate and free from misuse.

Are you using a 15-step work-around process to properly track and report your trust account? You’re not alone because QuickBooks wasn’t designed for law firms.

Every state bar association requires that an attorney reconcile their trust bank statement to their clients’ individual balances either monthly or quarterly.

To help you determine whether your trust accounting is accurate and error-free, we’ve broken out the trust reconciliation process into five easy steps.

QuickBooks is not tailored to meet the unique and complex regulations of trust accounting, and so using the software to manage your trust account comes with inherent risks and complications.

A brief and necessary overview of the essential trust accounting rules and regulations.

Launching your own firm? View the most important tasks for starting your own practice.

Whether you’re just starting a practice or you’ve been running a firm for decades, the act of receiving and holding funds for clients is always an immense responsibility.

What is a trust account? How do I know that my money is safe in a trust account? And other important questions… answered.

Most law firms are aware of state bar requirements for trust accounts, but that doesn’t prevent them from falling out of compliance.

Insight and transparency into your trust account are a must for every attorney, but it can be challenging to know exactly which reports will give you the most thorough overview of your account.

Every state bar association requires that an attorney reconcile their trust bank statement to their clients’ individual balances either monthly or quarterly.