Bookkeeping

Cloud-based solutions allow legal professionals to access financial data and manage accounts from anywhere, at any time, fostering enhanced flexibility and productivity. In this article, we’ve covered the best law firm accounting software packages. By embracing cloud-based solutions like LexWorkplace, law firms can navigate the digital transformation journey more effectively, ensuring sustained growth and enhanced […]

Some of the most recent changes to GAAP include new revenue recognition and lease accounting rules. Financial statements that are prepared according to GAAP are expected to comply with a number of essential principles. Chief among them is the concept of accrual, which is assigning revenue and expense values to the time periods in which