the JOURNAL
the JOURNAL
Practical insights on law firm bookkeeping, trust bookkeeping, and running a practice with numbers you can trust.
5 Ecommerce Bookkeeping Mistakes That Kill Your Profit
Ecommerce bookkeeping mistakes - like misclassifying expenses, skipping reconciliations, or mishandling sales tax - quietly erode profit margins. This guide breaks down the five errors most sellers make and how proactive, organized bookkeeping protects growth, compliance, and long-term profitability.
Ecommerce Bookkeeping: Complete Guide for Shopify & Amazon Sellers
Ecommerce bookkeeping isn’t “regular” accounting with a Shopify login. Between payout reconciliations, SKU-level COGS, platform fees, and multi-currency sales, the financial side of ecommerce is deceptively complex. This guide breaks down how to structure your books for real profit, automate with tools like QuickBooks Online and A2X, and avoid the hidden mistakes that drain margins for Shopify and Amazon sellers.
Bookkeeping for Law Firms: The Complete Guide to Legal Accounting
Complete guide to bookkeeping for law firms: what's included, how it differs from standard accounting, DIY vs outsourced, costs, and how to choose a bookkeeper.
Trust Account Reconciliation: The Complete Guide for Law Firms
Trust account reconciliation requires matching your bank statement, client ledgers, and trust ledger monthly. Here's exactly how to do it without errors.
How to Fix Trust Account Violations: A Step-by-Step Guide for Law Firms
Trust account out of balance? Here's exactly how to identify the source, correct the error, restore compliance, and document everything for your state bar.
Legal Bookkeeper vs General Bookkeeper: What Law Firms Need to Know
Bookkeeping for attorneys requires trust accounting expertise general bookkeepers lack. Here's how to evaluate providers and what legal specialists deliver.
Three-Way Reconciliation for Law Firms: Step-by-Step Guide
Complete three-way reconciliation guide for law firms: required documents, monthly process, compliance requirements, and how to maintain IOLTA trust accounts.
Law Firm Bookkeeping Reports: The Financial Statements Every Managing Partner Needs
Law firm bookkeeping reports include P&L, balance sheet, cash flow, and trust summaries. Here's what each report reveals and why monthly review matters.
DIY Bookkeeping for Law Firms: 7 Costly Mistakes That Add Up Fast
7 costly DIY bookkeeping mistakes law firms make: skipping trust reconciliations, misclassifying retainers, commingling funds, and more. How to fix each issue.
Law Firm Bookkeeping Cost: What to Expect
Law firm bookkeeping costs $500-$2,500/month depending on firm size and trust complexity. Here's what drives pricing and what should be included.
IOLTA Trust Account Compliance for Law Firms | 2025 Guide
Learn exactly how to manage your IOLTA trust account - from setup to monthly three-way reconciliation. Includes compliance requirements, common mistakes, and practice-specific workflows for solo and small law firms.
Trust Accounting for Law Firms: The Complete Guide
Trust accounting for law firms: IOLTA requirements, three-way reconciliation, monthly workflow, and how to avoid bar violations that end careers.
Trust Accounting Mistakes That Cost Law Firms Their License
These trust accounting mistakes lead to bar discipline, frozen accounts, and lost licenses. Here's what goes wrong and how to prevent each one.
Legal Bookkeeping Mistakes: 7 Errors That Put Law Firms at Risk
Legal bookkeeping mistakes include trust violations, poor reconciliation, and expense misclassification. Here are 7 errors that put law firms at risk.
When to Outsource Law Firm Bookkeeping: A Decision Framework
5 signs it's time to outsource law firm bookkeeping: growth indicators, compliance risks, time costs, and ROI analysis. When DIY makes sense vs. when it doesn't.
Key Components of Law Firm Financial Management
Strategic law firm finances aren’t just about staying compliant - they’re the foundation for growth, clarity, and confident decision-making.
Law Firm Profitability: The Complete Guide to Measuring and Improving Your Margins
Law firm profitability depends on more than revenue. Learn how to calculate profit margins, benchmark against real data, and fix the hidden drains killing your bottom line.
Law Firm Startup Costs: The Complete Budget Breakdown
Complete law firm startup costs breakdown: one-time expenses, monthly operating costs, and budgets for virtual solo, traditional solo, and small firms.
QuickBooks for Law Firms: How to Configure It Correctly
QuickBooks works for law firms when configured correctly. Here's how to set up trust accounting, chart of accounts, and legal-specific reporting in QBO.
7 Trust Accounting Red Flags That Trigger Bar Audits
These seven trust accounting red flags signal compliance problems before they become bar complaints. Here's what auditors look for and how to catch it first.