Attorney’s clients need more detail about reimbursable expense items that are billed to clients and listed on retainer invoices. Using 2-sided expense items allows you to have the same level of detail that billable client costs show on an invoice when using “1-sided items” from the prior video. The different result here, would be an increase in income when the item is billed to the client instead of a reduction in an expense when it it invoiced. The 1-sided item simply reduces the expense that was recorded when the item was purchased. The 2 sided item, instead, increases the income account that is associated with the item when you do the item set up from the items list. The preferences window will not change or affect this behavior. This is a more detailed way of tracking billable expenses by client and by job.

You can purchase and own the entire set of QuickBooks Desktop for Attorneys videos and get free, unlimited email questions for the course material as an owner and student of the course. The link to purchase is right here at this page.

Soon this QuickBooks For Attorneys Course Will be Accredited For C.L.E. credits as well as C.P.E. Credits for accountants.

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This QuickBooks Online for attorneys YouTube playlist is a video series created to help lawyers keep books and records of a Law Firm. Law firms, compared to other businesses, have strict requirements coming from their State Bar Association that outline the bookkeeping methods and techniques that firms must execute to keep proper books and records of law firms and their clients’ records. The unique and special needs that attorneys in a law firm need to follow will require attorney-based steps and procedures when using QuickBooks. This video playlist will give the bookkeepers of a law firm every possible thing they need to know in QuickBooks for the topics that are unique and require special attention from the accountants of law firms and self-employed attorneys. Every topic in QuickBooks that a lawyer could possibly need will be in this playlist. All of your client’s records will be confidential in QuickBooks as required and all client costs will be allocated correctly and accurately. All financial reports of the law firm will be perfectly correct for every area of QuickBooks. Just follow the steps demonstrated in each of the QuickBooks videos in this revolutionary new successful playlist right here on YouTube. It's absolutely free!! I'm right here for you if you have any questions or need support. You can leave your questions in the comment section, and I will do my best for you. I hope you learn well and enjoy the course!

-Mark

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