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Law firm trust accounting holds client money in a separate IOLTA account, records it as a liability, and reconciles three ways monthly so no client is short
Posted inUS Accounting & Tax Bookkeeper

Law Firm Trust Accounting & IOLTA: A Bookkeeper’s Guide

Law firm trust accounting holds client money in a separate IOLTA account, records it as a liability, and reconciles three ways monthly so no client is short
Posted by Riyali Ganguly August 3, 2026

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