QuickBooks for law firms has the capability to handle the majority of a law firms needs if it is QuickBooks for law firms correctly set up and data is entered in the proper manner on a consistent basis. One of the most important bookkeeping tasks in a law firm is managing money held in a client’s trust account. QuickBooks® does allow you to manage both the law firm’s accounting and the trust activity of the client in the same QB company file.

In this video you will be taught how to setup your law firm's company file to manage both the law firm’s accounting and the trust activity of your clients.
This is the first step you are supposed to take before capturing transactions on QuickBooks.

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