Bookkeeping

Deciding whether and how to support these services is a central strategic decision for nonprofits. Knowing the real costs of each program allows us to make informed decisions and choices that will lead to mission and financial success. Running a nonprofit is hard work, and an essential part of that is budgeting. At the end of the budgeting process, you should have a detailed financial plan outlining the...

Cloud-based practice management solutions, like Clio, make it easy to offer this range of payment options. It’s important to note that retainers are only a deposit and might not reflect the final bill amount. If a lawyer spends less time on the matter than estimated, the additional amount would be refunded to the client. Some confusion often arises because of the way the term “retainer” is used on...