(2-minute read) As 2024 winds to a close, we think it is important to advise our readers of upcoming changes to their end-of-year processes. ...
Announcement: QuickBooks Online Payroll – End of Year Payroll Changes
read more
Keep up to date
Accounting
The Future (Pricing) of QuickBooks / QuickBooks Online
Recently Intuit Corporation announced changes both to their QuickBooks product line and product pricing. We want our clients to be aware of these...
Scam Alert! Some Sage Phone Support Numbers May Have Been Hijacked
We had a disturbing conversation with a client this past week. He called us because he was suspicious after speaking with Sage Support about a...
Important News Regarding QuickBooks Desktop Software
All good things must come to an end. On November 30, QuickBooks Pro Advisors received a message from Intuit Corporation, the manufacturer of...
Law Firm Accounting – Does One Size Fit All?
QuickBooks is the “800 pound gorilla” of small business accounting systems, and is heavily used for law firm accounting in many law firms. This...
Timeslips Link with QuickBooks Desktop – Update!
UPDATE: Intuit has heard the feedback about the broken link with Timeslips, and has responded by issuing the following generic message: "We want to...
Using Shortcuts in QuickBooks Online
Switching to QuickBooks Online (also known as QBO for short) from QuickBooks Desktop software has been a challenge at times for some of our...
Sage 50 Obsolescence Message
If you are using Sage 50 2021, when you open the application on or after March 2 you will see an “obsolescence” message appear. This is Sage’s...
AutoEntry for Sage 50 – A Well-kept Secret?
Almost by accident, we recently stumbled upon a 3rd party application for Sage 50 that we think could benefit many of our clients. The app is called...
LawPay Now Uses QR Codes
LawPay, an AffiniPay service, is the gold standard for law firms who want a secure and reliable method of accepting payments and trust funds. While...
Intuit Sunsets QuickBooks Desktop Versions 2019 and Earlier
On May 31, 2021, Intuit Corporation, the manufacturer of QuickBooks Desktop (and QuickBooks Online), announced its support for QuickBooks Desktop...
Attention QuickBooks Users: New Tax Form 1099-NEC
We’re approaching 2021, but 2020 still has a surprise in store for QuickBooks users: the IRS released a new form to report payments made to...
Taxes and COVID-19
We do not usually write articles about tax issues, but we recently found some noteworthy articles related to taxes, the pandemic, and COVID-19, for...
Soluno and LawPay: Two Firms – One Single Solution
We recently introduced Soluno to our readers as a cloud-based, all-in-one time, billing and trust accounting solution that BusinessWire recently...
Need to write a “one-off” check? here’s how
Occasionally you may have to write a check to pay a bill and will probably never have to write a check to that particular company or person again....
Getting Paid During the Pandemic
As the pandemic continues, and law firms seek ways to keep their practices alive while having limited access to office resources,...
Sage 50 2021 Released
Sage Software today announced the availability of Sage 50 2021 for all customers covered by an active Sage BusinessCare Plan. You can check for...
QuickBooks and Windows 7 – End of the Road?
By Dana Riel Those of us who are QuickBooks Pro Advisors received an interesting email this week from Intuit Software, the manufacturers of...
Sage 50 Perpetual is Still Alive and Kicking
As a follow up to our earlier post about the release of Sage 50 2020, we have now been told - at the recent Sage Consultant Conference in Atlanta -...
QuickBooks Desktop vs QuickBooks Online: How Are They Different?
We’ve all seen the commercial – veterinarian visits sites, looks at animals, sends bill from her phone … and by the time she climbs into her truck –...
Closing the Year in Accounting: Some items to consider
Many of our clients generate their tax and financial reports on a calendar year basis. With that in mind, here are some year-end accounting items...
Guide to Closing Out the Year
I recently published a guide for Smokeball Practice Management software, titled “Small Law Firm Guide to Closing Out the Year". This publication is...
Is Zola Suite Ready for Prime Time?
Zola Suite is a cloud-based Practice Management package designed for law firms. Besides the usual Practice Management features, it has time and billing, email, complete accounting, mobile apps, prospect to client tracking, client portals for document sharing, document management and automation.
SPECIAL REPORT: Changes to the Sage 50 Obsolescence Policy
Sage Software recently notified us of a change in the "Sage 50 obsolescence policy" for supporting editions of the Sage 50 product prior to the...
What the New Tax Law Means for Law Firms
The American Bar Association lobbied Congress to accept the Senate version of the new tax bill giving a tax deduction to owners of "pass-through"...
Sage 50 Payroll Tax Forms Update
All Sage 50 customers should have received a recent notification, through the "Services /Check for Updates" menu in Sage 50, that a new Payroll...
Period End Closing in Sage 50: A 7-Point Checklist
There is no formal period end closing in Sage 50 within an open fiscal year. There are, however, several important steps that we recommend all users...
Four Corners of Law Practice Management
Jim Calloway, the Director of the Oklahoma Bar Association Management Assistance Program, has written an excellent article in the January/February...
CosmoLex Bank Reconciliation Makes Accounting Easier
If you are like most attorneys, I know accounting is NOT your favorite thing. You want to spend time practicing law, not struggling with debits and...
The Modern General Ledger
In a recent white paper “The 10 Essentials of an Effective Financial Solution”, the first point identified as essential in the paper is a “modern...