QuickBooks For Attorneys In A Lawfirm
4.1 (10 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
1,176 students enrolled

QuickBooks For Attorneys In A Lawfirm

Anything That Any Lawyer Needs For Record Keeping With QuickBooks
4.1 (10 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
1,176 students enrolled
Created by Mark Smolen
Last updated 10/2019
English
English [Auto]
Current price: $58.99 Original price: $84.99 Discount: 31% off
5 hours left at this price!
30-Day Money-Back Guarantee
This course includes
  • 4.5 hours on-demand video
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
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What you'll learn
  • How to Set up a law firm to use QuickBooks
  • How to record every possibly type of transaction a law firm would need
  • How to find and fix any mistakes when recording transactions for a lawfirm
  • How to use QuickBooks reports for a lawfirm
Requirements
  • Middle school level knowledge of basic computer usage
Description

Self employed Attorneys and law firms have unique challenges that relate to the bookkeeping and record keeping standards set forth by the bar association and other regulating authorities. 

The procedures you will learn in this course will enable you to keep records that will show you the results of your operations and be in compliance with the regulation for attorneys. You will learn: How to set up a file that is specifically designed for attorneys using quickbooks desktop for windows, how to record retainer payments from clients, how to record income earned for work done for a client, how to bill the client, how to adjust for a client who starts to pay late, calculate cost per client, calculate profit and loss by client, bill client for case related expenses and distribute cost to clients long after paying for the items or service (after the fact costing). The new quickbooks topics for lawyers include: Creating Attorney trust accounts for collecting on behalf of clients, refunds to clients, writing off uncollectable clients and attorney services with immidiate colections and sales receipts.

I know many attorneys who use these methods. They are simple to understand and easy to do. They will defiantly work for you!!This QuickBooks Learning Video Series is guaranteed to show every possible type of transaction that a law firm could need to enter in to QuickBooks. It has easy, step by step instructions and follow along files to help make learning easy and fun.


This course shows the special but simple ways that attorneys should and must use QuickBooks for their law firm. It is made with QuickBooks Desktop for Windows.

This Course is A new and improved version of the previously successful course here on Udemy: QuickBooks For Landlords.

This course is completely re-vamped so that it includes EVERYTHING MY ATTORNEY STUDENTS ASKED ME TO ADD over the past 3 years.

This one starts with the very basics of the set up so you can hire a bookkeeper who knows nothing about QuickBooks and have her/him simply watch and follow these videos and they can be your law firm’s bookkeeper!!

This version of the course is so good that I am asking all attorney students to help me make this an accredited course for continuing education credits to keep you license to practice law in your state.

There are 'follow along files” for each lecture so you can follow step by step. This makes learning QuickBooks Easy and fun.

The course is made with QuickBooks desktop for windows. However, the ideas apply to QuickBooks online as well as QuickBooks for Macintosh and Enterprise solutions.

I'm right here for you if you have any questions or need support. I hope you learn well and enjoy the course

,


-Mark



Who this course is for:
  • Anyone anywhere that would need to keep financial records of a lawfirm
Course content
Expand all 29 lectures 04:18:50
+ Introduction and Set Up
24 lectures 03:18:17

Self employed Attorneys and law firms have unique challenges that relate to the bookkeeping and record keeping standards set forth by the bar association and other regulating authorities. 

The procedures you will learn in this course will enable you to keep records that will show you the results of your operations and be in compliance with the regulation for attorneys. You will learn: How to set up a file that is specifically designed for attorneys using quickbooks desktop for windows, how to record retainer payments from clients, how to record income earned for work done for a client, how to bill the client, how to adjust for a client who starts to pay late, calculate cost per client, calculate profit and loss by client, bill client for case related expenses and distribute cost to clients long after paying for the items or service (after the fact costing). The new quickbooks topics for lawyers include: Creating Attorney trust accounts for collecting on behalf of clients, refunds to clients, writing off uncollectable clients and attorney services with immidiate colections and sales receipts.

I know many attorneys who use these methods. They are simple to understand and easy to do. They will defiantly work for you!!This QuickBooks Learning Video Series is guaranteed to show every possible type of transaction that a law firm could need to enter in to QuickBooks. It has easy, step by step instructions and follow along files to help make learning easy and fun.


This course shows the special but simple ways that attorneys should and must use QuickBooks for their law firm. It is made with QuickBooks Desktop for Windows.

This Course is A new and improved version of the previously successful course here on Udemy: QuickBooks For Landlords.

This course is completely re-vamped so that it includes EVERYTHING MY ATTORNEY STUDENTS ASKED ME TO ADD over the past 3 years.

This one starts with the very basics of the set up so you can hire a bookkeeper who knows nothing about QuickBooks and have her/him simply watch and follow these videos and they can be your law firm’s bookkeeper!!

This version of the course is so good that I am asking all attorney students to help me make this an accredited course for continuing education credits to keep you license to practice law in your state.

There are 'follow along files” for each lecture so you can follow step by step. This makes learning QuickBooks Easy and fun.

The course is made with QuickBooks desktop for windows. However, the ideas apply to QuickBooks online as well as QuickBooks for Macintosh and Enterprise solutions.

I'm right here for you if you have any questions or need support. I hope you learn well and enjoy the course

,


-Mark



Preview 03:35

You will create a new, blank, brand new Quickbooks file, step-by-step, for Your law Firm

Preview 08:30

This learn quickbooks video tutorial will show you how to set the preferences in the preferences window. It will change the defualts, settings, options and the way thew quickbooks file will behave for the rest of the course

Set The Preferences In A Law Firm's File
06:42

In this Learn QuickBooks video tutorial, you will learn how to manage and control the icon bar. This will give you shortcuts to needed transaction windows as well as memorized reports that a law firm owner would need

Preparing The Law Firm Icon Bar
12:27

In this learn quickbooks video lesson, you will learn how an attorney or law firm would set up the chart of accoutns in quickbooks.

You will learn about account "type" as well as making accounts "inactive"

Attorneys Chart OF Accounts
10:50

In this learn quickbooks video tutorial, you will learn how to set up and manage the itmes list

You will learn about how they are connected to income accounts and how the behave  when they are placed on an invoice

Attorneys Items List
07:02

In this learn QuickBooks lesson, you will learn how to use the "customer center" in quickbooks to manage your clients. You will set upclient reports that will show you all the information you need to manage your relationship with clients and clarify collection efforts

Managing Client Data
08:08

In thsi learn quickbooks video tutorial, you will learn  how to manage vendor data. You will use the vendor center and leanr how to add multiple list items from excel

Managing Vendor Data
04:02

In this learn quickbooks video, you will learn how to customize transaction documents. You will creat a retainer receipt from a credit memo template to be used to give to tenants when they pay rent

Creating Retainer Receipts
05:48

This learn quickbooks video tutorial will show you how to record retainer invoices to clients. It will show the result in the client's records and reports as well as showing the effect on eanred and unearned income

Receiving Advanced Retainer Payments From Clients
09:04

You will see how to tell QuickBooks which paymnets from clients were paying for particular invoices.

Applying Payments To Invoices
09:09

With QuickBooks, you will never loose anything. You will see how to use the Voided/Deleted Transaction  Detail reposrt with the Journal, to be able to see everything that is going on in your file

Editing Or Deleting A Transaction
07:36
Creating Invoices For Client Services
07:22

In this learn quickbooks instructional video, you will learn how to record payments received from late paying clients. You will see the difference in the client's records

Late Paying Clients
08:34

This Accounting method is the best for a law firm when using QuickBooks. It adjusts the usage of teh software to fit perfectly for a law firm. "Work Arounds" happen all the time in every industry when using QuickBooks. This video shows how to make it  fit perfectly for you.

Best Method For Using QuickBooks For Attoerneys
03:46

In this quickbooks video, you will learn how to make sure that your uneanred income and your        owed receivables from clients are separate and accurate at all times. You will learn how to fix it if you make a mistake

Separating Early And Late Paying Clients
13:24

You will see how to customize QuickBooks Reports to suit the needs or a Law Firm

QuickBooks Reports For A Law Firm
10:36

Attorneys are required to keep track of which particular costs are associated with particular clients. This video will show you how to do that

Allocating Cost Per Client
07:38
Cost Per Client After The Fact
09:02

Any cost that is directly billable to clients s, separate from the normal service fees, can be listed separately on an invoice. This video lecture will show how to make clients responsible for specific costs that they are required to reimburse.

Billing Clients For Expenses
09:06

Any unused pre-paid service fee that you did not earn should go back to your client (depending on the agreement). This method will make sure your records are correct after the refund

Giving Refunds To Clients
03:37

Sometimes the proceeds of a lawsuit or some other reason require that you cllect money that belongs to a client. This video shows what to do in any case like that

Collecting On Behalf Of Clients
12:18

Sometimes Clients pay immediately for a service they receive. This is usually a quick and small service like a notary or a legal form. If they pay immediately, you should make a sales receipt in QuickBooks

Sales Receipts For Immediate Client Payments
11:33

At some point, we determine that a client will simply never be able to pay what is owed. At that point, we "write off" the client. This is the correct way of doing that.

Writing Off Uncollectable Clients
08:28
+ Temporary Time Sheet Related Videos
3 lectures 29:14

weather you are an attorney or a contractor, this is how you use time slips

using time slips
14:51

Weather you are an attorney or a contractor, this is how you use time sheets

using time sheets
09:45

Weather you are an attorney or a contractor, this is how you find salary by job

salary by job
04:38
+ Attorney Time Slips and Time Sheets
2 lectures 31:19

This Video will show you how a law firm would use time slips to track time by client for their associate attorneys. It shows how to use and track time slips as well as related reports regarding billing a client for an associate lawyer's time for that clients job.

Using Time Slips for Associate Attorneys
17:19

This Video will show you how a law firm would use time sheetss to track time by client for their associate attorneys. It shows how to use and track time sheets as well as related reports regarding billing a client for an associate lawyer's time for that clients job.

Weekly Time Sheets for Associate Attorneys
14:00
+ Evaluate Your Progress
0 lectures 00:00

This multiple choice test will help remind you of the main points that you learned in the course.

Attorneys Final Test
12 questions