Optimizing Accounts Receivable Management in Law Firms

This includes invoices that have been sent but aren’t yet due—as well as overdue bills. By modernizing your AR management with Rocket Matter, you can elevate your law firm into a more efficient and profitable practice. The American Bar Association’s Model Rules...

QuickBooks Online Pricing: Upfront & Hidden Costs Explained

Similarly, you can create a client database and track overdue client payments to keep on top of who owes you what. Each of these versions gives you access to specialized features and reports at no additional cost. Most importantly, ask yourself if the benefits of...

Bookkeeping for Construction Companies: The Ultimate Guide

This means you can get any detailed report that you can think of with just a couple of clicks, helping you manage all the project costs. The Advanced plan adds business analytics with Excel, the ability to manage employee expenses and the ability to batch invoices and...

What Is Underapplied vs Overapplied Overhead in Budgeting?

If the allocated overhead exceeds the actual overhead, the difference is termed overapplied overhead. For instance, if a company estimated $100,000 in overhead costs but only incurred $90,000, and allocated $95,000 based on the predetermined rate, the overapplied...