Legal Accounting Software Financial Management for Law Firms
Be sure to go through the steps Accounting for Technology Companies mentioned above for setting up a new trust account. To ensure you are managing your accounts in an ethical and compliant way, always check the rules for managing trust accounts in your jurisdiction. Your client ledger report lists the client’s deposits and withdrawals activity […]
Lump-sum financial definition of lump-sum
A basket purchase, also known as a lump-sum purchase, refers to the acquisition of multiple assets or items together in a single transaction for a combined purchase price. This situation often arises when a business purchases a group of assets, such as machinery, equipment, or intangible assets, from another company or during the acquisition of […]
