As Cube Software notes, inaccurate recording can "create potential legal issues." Beyond the audit room, poor management of these funds can damage customer relationships. If you can't deliver the promised service, you'll face refund requests and a hit to your reputation. Ultimately, proper tracking ensures...
Get monthly financials, route profitability reporting, and tax prep readiness tailored to vending businesses in San Antonio, Florida. Monthly KPI reporting helps San Antonio owners see margin shifts early. West unearned revenue Wind offer mobile bookkeeping services ranging from small business bookkeeping to completely outsourced accounting...
In addition to professional discipline, remember you’ll also damage your reputation with clients – trust account problems erode clients’ trust in their lawyer. No – commingling personal/business funds with client trust funds is prohibited. Likewise, client funds must not be held in your general operating...