Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

Avoid Costly Trust Account Mistakes

By Ivon Lerdorf Subscribe to RSS | February 20th 2012 | Views:
loading
 
  



If there is any one item you don’t want to mismanage, it is your escrow account.

Best practices indicate that simply reconciling your trust account bank statements at the end of every month is not enough to avoid costly mistakes.

Trust accounting software for attorneys can help you minimize the risk of an overdrawn IOLTA account or an individual excess withdrawal from co-mingled IOLTA funds. Easy Soft programmed their trust fund accounting software for attorneys to reflect the ethics rules governing the handling of client trust accounts, from advance retainer deposits to real estate closing funds.

There is simply no reason to put off adopting “Easy Trust,” the attorney trust account software designed by Easy Soft, especially for attorneys. Just purchase the software, install, and from the first screen, you will be guided to input basic information like your clients’ names, the current trust account balances, and any escrow agents. Then, each time you are hired by a new client who makes a deposit, in less than five minutes, you can click to open the trust accounting software, and input that new client into the existing information. It really is that easy to know who has what amount of money in trust with your firm.

Used with Easy Soft’s Legal billing software for attorneys, this powerful duo eliminates your trust accounting worries and helps you achieve full ethical compliance. This law office trust accounting software is also designed for you to track the withdrawals against client deposits. Because you are responsible for tracking each client’s IOLTA balance as if it were a separate bank account, you need this itemized information at your fingertips.

See your client’s current deposit balance each time you think about billing on a file. Automatically see the balance and all activity each time you issue a client invoice. Get a computer warning before you overdraw a trust account. When you use Easy Soft’s trust fund accounting software for attorneys and attorney billing software, your accuracy goes up and your worries go down.

Now that’s a balance we bet you’d like to achieve.

Ivon Lerdorf - About Author:
A comprehensive guide for law firms to understand, evaluate and select proper legal billing and accounting software, trust accounting software and Legal billing software for attorneys.

Share on Facebook Tweet It Stumbleupon this post This post is delicious !

Article Source:
http://www.articleside.com/software-articles/avoid-costly-trust-account-mistakes.htm

Related Software Articles Subscribe to RSS

An introduction to music writing software
Published by Angie Turner on June 16th 2012 | Software
If you are part of the current crop of young musicians and songwriters then chances are that you wil...
 
India is one of the most desirable offshore software development countries!
Published by Sumitdass on August 23rd 2012 | Software
Software development is the need of every organization. Standard ‘off-the-shelf’ software or a c...
 
FAQs about the effectiveness of Recycling software
Published by Angel on May 9th 2012 | Software
The recycling unit that wants to register profitable results can find an able ally in the form of ro...
 
Uses of the internet monitoring software
Published by Erikhornung on February 1st 2012 | Software
Companies have to keep track of the activities of their employees, in order, to see their work perfo...
 
Why your company needs inventory management software?
Published by Martin Tuner on December 8th 2011 | Software
Inventory management is an inherent element of a company that produces goods to meet the expectation...
 
Ease your recruitment task with recruitment software
Published by Maria Warne on April 9th 2012 | Software
With the recruitment software the whole recruitment process can be made quite easy and quick. This w...
 
Custom software development company
Published by Roger Lopez on February 10th 2012 | Software
The article gives a brief introduction of different custom development services....
 
Approaches that lead to the failure of CRM software
Published by Antony Wilmer on January 2nd 2012 | Software
Communication is one of the major keys to success of customer relationship management. Lack of a com...
 
Simply recruitment tasks with recruitment agency software
Published by Roger Lopez on March 20th 2012 | Software
Altamira Recruiting software is a highly customizable, multi-language, SEO friendly online employmen...
 
Why use scrap recycling software
Published by Angel on March 2nd 2012 | Software
Recyclers have realized the potential of scrap recycling software, which is built to simplify busine...
 
Port locker – a Data leakage prevention software
Published by Vivekraj on February 20th 2012 | Software
Data Leakage Prevention or DLP Software is one that prevents leakage of data stored in the system. I...
 
The key reason why India is the right option when considering offshore software development services
Published by Randykennedy on June 15th 2012 | Software
This is actually because of their considerable skilled people, total government aid and also high-te...
 
To select the finest warehouse software then just choose Vision Software
Published by James Blee on August 24th 2012 | Software
Here at Vision Software Solutions we have provided both blue chip and SME’s with warehouse softwar...
 
A bodyguard for your machine- Antivirus security software
Published by Dany on February 7th 2012 | Software
We are living in era of digitalization. We use computers for almost all purposes liking shopping pro...
 
What can you expect out of recycling software
Published by Angel on July 2nd 2012 | Software
Recyclers are keen to extract the power of recycling software to register good results in their busi...
 
Tips and benefits of software off shoring
Published by Top Articles on November 28th 2011 | Software
In this article, the main point is highlighted as Offshore Software Development Company, how these c...
 
Benefits offered by the reverse logistics software
Published by Angel on April 20th 2012 | Software
When business establishments want to adopt an effective system to handle the reverse flow of product...
 
Role of web extraction software in data acquisition
Published by Newprosoft on December 6th 2011 | Computer
Data contained on the internet is virtually limitless and this has necessitated the development of s...
 
Features that make Small business accounting software user-friendly
Published by Antony Wilmer on December 5th 2011 | Software
Scalability and customization of the small business accounting software package should be studied be...
 
Copy your data via Clone software
Published by Socialweb on February 21st 2012 | Software
Most of the users are prefer to store the data on computer. Computer is only reliable storage media ...