When billing clients for reimbursable expenses, attorneys can track the income from billable expenses in multiple income accounts. Using more than 1 income account can allow the law firm, that maintains client’s records, to see more clearly what income they are earning when billing clients for reimbursable job costs. By default, QuickBooks Online only tracks reimbursable income in to 1 and only 1 income type of account. However, if you change the settings in the account settings window or company settings window, you will have the option of using multiple income accounts to track billable client costs. Once you choose that option as the default, you them need to map each billable job expense to the appropriate income account. This way, when you bill for reimbursement, the specific expense that you billed for will increase the specific income account that the expense was mapped to.

You can purchase and own the entire set of QuickBooks Online 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.

The QuickBooks full QuickBooks ONLINE playlist for QuickBooks For Attorneys is here:
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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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