Bookkeeping

Lease accounting

Most proprietors prefer the full service arrangement because it allows total control over a building’s overall appearance. In an absolute net lease, the tenant takes care of the entire burden, including insurance, taxes, and maintenance. The absolute type is common in single-tenant systems, where the property owner builds housing units to suit the needs of […]

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Accounting for Law Firms: A Guide Including Best Practices

Whenever a client pays an invoice, you must allocate the payment to the incurred costs of a matter first. However, if a firm fails to separate revenue that covers incurred costs from actual revenue, their records will be off. We are an accounting firm providing full-charge tax and bookkeeping services to New York lawyers and

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