Bookkeeping

From reconciling trust accounts to staying IRS compliant, bookkeeping for lawyers isn’t something you should DIY, or outsource to a generalist. Despite the rise of online payments in the legal profession, some of the current Bar Association rules around law firm accounting were created back when everyone was still paid by check. This means that […]

The accrual basis of accounting recognizes revenues and expenses when the goods and services are delivered regardless of the timing for the exchange of cash. The year end closing process is used to convert the books from a cash to accrual basis. This results in recognition of accrued expenses, accounts receivables, deferred revenue, and prepaid

Having children is another significant life event impacting your W4. By claiming dependents on your form, you might see a change in your tax deductions. This adjustment may increase your take-home pay by reducing the amount withheld for taxes. It’s important to review the requirements of both federal and state W4 forms where you live

Bookkeeping for a nonprofit is the process of entering, recording, and classifying an organization’s finances. Keep track of your expenses with mobile receipt scanning, bank account imports, and automated expense categorization. From bookkeeping to forecasting to strategic insights, System Six transforms how small businesses manage money so you can focus on growth. Periodic reports are