{"id":6846,"date":"2026-06-05T04:05:21","date_gmt":"2026-06-05T04:05:21","guid":{"rendered":"https:\/\/poshcorporate.com\/?p=6846"},"modified":"2026-06-05T04:27:17","modified_gmt":"2026-06-05T04:27:17","slug":"accounting-101-for-a-law-firm","status":"publish","type":"post","link":"https:\/\/poshcorporate.com\/cn\/accounting-101-for-a-law-firm\/","title":{"rendered":"Accounting 101 for a Law Firm"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"6846\" class=\"elementor elementor-6846\" data-elementor-settings=\"{&quot;element_pack_global_tooltip_width&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;element_pack_global_tooltip_width_widescreen&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;element_pack_global_tooltip_width_laptop&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;element_pack_global_tooltip_width_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;element_pack_global_tooltip_width_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;element_pack_global_tooltip_padding&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;top&quot;:&quot;&quot;,&quot;right&quot;:&quot;&quot;,&quot;bottom&quot;:&quot;&quot;,&quot;left&quot;:&quot;&quot;,&quot;isLinked&quot;:true},&quot;element_pack_global_tooltip_padding_widescreen&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;top&quot;:&quot;&quot;,&quot;right&quot;:&quot;&quot;,&quot;bottom&quot;:&quot;&quot;,&quot;left&quot;:&quot;&quot;,&quot;isLinked&quot;:true},&quot;element_pack_global_tooltip_padding_laptop&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;top&quot;:&quot;&quot;,&quot;right&quot;:&quot;&quot;,&quot;bottom&quot;:&quot;&quot;,&quot;left&quot;:&quot;&quot;,&quot;isLinked&quot;:true},&quot;element_pack_global_tooltip_padding_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;top&quot;:&quot;&quot;,&quot;right&quot;:&quot;&quot;,&quot;bottom&quot;:&quot;&quot;,&quot;left&quot;:&quot;&quot;,&quot;isLinked&quot;:true},&quot;element_pack_global_tooltip_padding_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;top&quot;:&quot;&quot;,&quot;right&quot;:&quot;&quot;,&quot;bottom&quot;:&quot;&quot;,&quot;left&quot;:&quot;&quot;,&quot;isLinked&quot;:true},&quot;element_pack_global_tooltip_border_radius&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;top&quot;:&quot;&quot;,&quot;right&quot;:&quot;&quot;,&quot;bottom&quot;:&quot;&quot;,&quot;left&quot;:&quot;&quot;,&quot;isLinked&quot;:true},&quot;element_pack_global_tooltip_border_radius_widescreen&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;top&quot;:&quot;&quot;,&quot;right&quot;:&quot;&quot;,&quot;bottom&quot;:&quot;&quot;,&quot;left&quot;:&quot;&quot;,&quot;isLinked&quot;:true},&quot;element_pack_global_tooltip_border_radius_laptop&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;top&quot;:&quot;&quot;,&quot;right&quot;:&quot;&quot;,&quot;bottom&quot;:&quot;&quot;,&quot;left&quot;:&quot;&quot;,&quot;isLinked&quot;:true},&quot;element_pack_global_tooltip_border_radius_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;top&quot;:&quot;&quot;,&quot;right&quot;:&quot;&quot;,&quot;bottom&quot;:&quot;&quot;,&quot;left&quot;:&quot;&quot;,&quot;isLinked&quot;:true},&quot;element_pack_global_tooltip_border_radius_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;top&quot;:&quot;&quot;,&quot;right&quot;:&quot;&quot;,&quot;bottom&quot;:&quot;&quot;,&quot;left&quot;:&quot;&quot;,&quot;isLinked&quot;:true}}\" 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elementor-item-anchor\">\u8363\u8a89\u4e0e\u8ba4\u8bc1<\/a><\/li>\n<li class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-297\"><a href=\"#team\" class=\"elementor-item elementor-item-anchor\">\u56e2\u961f\u4ecb\u7ecd<\/a><\/li>\n<li class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-298\"><a href=\"#customer-review\" class=\"elementor-item elementor-item-anchor\">\u5ba2\u6237\u8bc4\u4ef7<\/a><\/li>\n<\/ul>\t\t\t<\/nav>\n\t\t\t\t\t<div class=\"elementor-menu-toggle\" role=\"button\" tabindex=\"0\" aria-label=\"Menu Toggle\" aria-expanded=\"false\">\n\t\t\t<svg aria-hidden=\"true\" role=\"presentation\" class=\"elementor-menu-toggle__icon--open e-font-icon-svg e-eicon-menu-bar\" viewbox=\"0 0 1000 1000\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M104 333H896C929 333 958 304 958 271S929 208 896 208H104C71 208 42 237 42 271S71 333 104 333ZM104 583H896C929 583 958 554 958 521S929 458 896 458H104C71 458 42 487 42 521S71 583 104 583ZM104 833H896C929 833 958 804 958 771S929 708 896 708H104C71 708 42 737 42 771S71 833 104 833Z\"><\/path><\/svg><svg aria-hidden=\"true\" role=\"presentation\" class=\"elementor-menu-toggle__icon--close e-font-icon-svg e-eicon-close\" viewbox=\"0 0 1000 1000\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M742 167L500 408 258 167C246 154 233 150 217 150 196 150 179 158 167 167 154 179 150 196 150 212 150 229 154 242 171 254L408 500 167 742C138 771 138 800 167 829 196 858 225 858 254 829L496 587 738 829C750 842 767 846 783 846 800 846 817 842 829 829 842 817 846 804 846 783 846 767 842 750 829 737L588 500 833 258C863 229 863 200 833 171 804 137 775 137 742 167Z\"><\/path><\/svg>\t\t<\/div>\n\t\t\t\t\t<nav class=\"elementor-nav-menu--dropdown elementor-nav-menu__container\" aria-hidden=\"true\">\n\t\t\t\t<ul id=\"menu-2-c27649c\" class=\"elementor-nav-menu\"><li class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-294\"><a href=\"#corporate-story\" class=\"elementor-item elementor-item-anchor\" tabindex=\"-1\">\u4f01\u4e1a\u6545\u4e8b<\/a><\/li>\n<li class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-295\"><a href=\"#our-mission\" class=\"elementor-item elementor-item-anchor\" tabindex=\"-1\">\u6211\u4eec\u7684\u4f7f\u547d<\/a><\/li>\n<li class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-296\"><a href=\"#certification\" class=\"elementor-item elementor-item-anchor\" tabindex=\"-1\">\u8363\u8a89\u4e0e\u8ba4\u8bc1<\/a><\/li>\n<li class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-297\"><a href=\"#team\" class=\"elementor-item elementor-item-anchor\" tabindex=\"-1\">\u56e2\u961f\u4ecb\u7ecd<\/a><\/li>\n<li class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-298\"><a href=\"#customer-review\" class=\"elementor-item elementor-item-anchor\" tabindex=\"-1\">\u5ba2\u6237\u8bc4\u4ef7<\/a><\/li>\n<\/ul>\t\t\t<\/nav>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-0cb4a2e e-flex e-con-boxed e-con e-parent\" data-id=\"0cb4a2e\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-94f0025 elementor-widget elementor-widget-heading\" data-id=\"94f0025\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">\u7b80\u4ecb<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3587228 elementor-widget elementor-widget-text-editor\" data-id=\"3587228\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Accounting for a law firm is fundamentally different from accounting for most other businesses. A law firm handles client money, operates on billable hours, manages trust accounts, and must comply with strict regulatory requirements set by the relevant Bar Council or Law Society.<\/p><p>Client money is not a firm revenue, it must be kept in a separate trust account and accounted for independently at all times.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4441a9a elementor-widget elementor-widget-image\" data-id=\"4441a9a\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"800\" height=\"454\" src=\"https:\/\/poshcorporate.com\/wp-content\/uploads\/2026\/05\/pngtree-scales-of-justice-and-coins-representing-a-building-concept-financial-law-picture-image_16102623-1024x581.png\" class=\"attachment-large size-large wp-image-6849\" alt=\"\" srcset=\"https:\/\/poshcorporate.com\/wp-content\/uploads\/2026\/05\/pngtree-scales-of-justice-and-coins-representing-a-building-concept-financial-law-picture-image_16102623-1024x581.png 1024w, https:\/\/poshcorporate.com\/wp-content\/uploads\/2026\/05\/pngtree-scales-of-justice-and-coins-representing-a-building-concept-financial-law-picture-image_16102623-300x170.png 300w, https:\/\/poshcorporate.com\/wp-content\/uploads\/2026\/05\/pngtree-scales-of-justice-and-coins-representing-a-building-concept-financial-law-picture-image_16102623-768x436.png 768w, https:\/\/poshcorporate.com\/wp-content\/uploads\/2026\/05\/pngtree-scales-of-justice-and-coins-representing-a-building-concept-financial-law-picture-image_16102623-18x10.png 18w, https:\/\/poshcorporate.com\/wp-content\/uploads\/2026\/05\/pngtree-scales-of-justice-and-coins-representing-a-building-concept-financial-law-picture-image_16102623.png 1200w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-575fe00 e-flex e-con-boxed e-con e-parent\" data-id=\"575fe00\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1497dcf elementor-widget elementor-widget-text-editor\" data-id=\"1497dcf\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Every law firm must maintain two distinct accounting ledgers that should never be commingled:<\/p><table width=\"624\"><thead><tr><td width=\"187\"><p><strong>Ledger Type<\/strong><\/p><\/td><td width=\"233\"><p><strong>What It Tracks<\/strong><\/p><\/td><td width=\"204\"><p><strong>Example Entries<\/strong><\/p><\/td><\/tr><\/thead><tbody><tr><td width=\"187\"><p>Office Account (Business Funds)<\/p><\/td><td width=\"233\"><p>Revenue earned, firm expenses, partner drawings, payroll<\/p><\/td><td width=\"204\"><p>Legal fees received, rent, staff salaries, utilities<\/p><\/td><\/tr><tr><td width=\"187\"><p>Client Trust Account (Client Funds)<\/p><\/td><td width=\"233\"><p>Money held on behalf of clients, separate from firm assets<\/p><\/td><td width=\"204\"><p>Retainers received, settlement proceeds, conveyancing deposits<\/p><\/td><\/tr><\/tbody><\/table><p>Running a law firm looks like running a business, but the accounting tells a very different story. Understanding these differences is not optional, it is fundamental to running a compliant and financially healthy legal practice.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-9682ef3 e-flex e-con-boxed e-con e-parent\" data-id=\"9682ef3\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5db87ee elementor-widget elementor-widget-heading\" data-id=\"5db87ee\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Why law firm accounting is different? <\/h2>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-e053af9 e-flex e-con-boxed e-con e-parent\" data-id=\"e053af9\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-8cd543c elementor-widget elementor-widget-text-editor\" data-id=\"8cd543c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<ol><li>Billing is based on time and disbursements, not product units<\/li><\/ol><p style=\"text-align: left; padding-left: 40px;\">Law firms charge clients based on how many hours were worked and what costs were spent on their behalf \u2014 not a fixed product price.<\/p><ol start=\"2\"><li>Revenue is often earned months after work is performed<\/li><\/ol><p style=\"padding-left: 40px;\">A lawyer can finish the work today but only send the invoice weeks or months later. Until billed, that work sits as Work in Progress (WIP) \u2014 not yet counted as income.<\/p><ol start=\"3\"><li>Client funds are not the firm&#8217;s money<\/li><\/ol><p style=\"padding-left: 40px;\">Money received from clients must be kept in a separate trust account. It belongs to the client, not the firm \u2014 and misusing it, even by accident, is a serious professional offence.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b2068f6 elementor-widget elementor-widget-heading\" data-id=\"b2068f6\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">The Golden Rules of Trust Accounting<\/h2>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-10c52eb e-flex e-con-boxed e-con e-parent\" data-id=\"10c52eb\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-be3dfae elementor-widget elementor-widget-text-editor\" data-id=\"be3dfae\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<ul><li>Trust money must be deposited into the trust account immediately upon receipt<\/li><li>Money can only be withdrawn from trust when it has been properly earned<\/li><li>Every client must have their own individual trust ledger<\/li><li>The sum of all individual client ledgers must always equal the total trust bank balance<\/li><li>A three-way reconciliation must be performed regularly: client ledger total = trust ledger total = trust bank statement<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-fbc85f1 e-flex e-con-boxed e-con e-parent\" data-id=\"fbc85f1\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-02cf333 elementor-widget elementor-widget-text-editor\" data-id=\"02cf333\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<table style=\"height: 38px;\" width=\"749\"><tbody><tr><td width=\"48\"><p><strong>RULE<\/strong><\/p><\/td><td width=\"623\"><p>Never pay firm expenses and client disbursements from the trust account unless the client has funds there to cover it.<\/p><\/td><\/tr><\/tbody><\/table>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b996d35 elementor-widget-divider--separator-type-pattern elementor-widget-divider--no-spacing elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"b996d35\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\" style=\"--divider-pattern-url: url(&quot;data:image\/svg+xml,%3Csvg xmlns=&#039;http:\/\/www.w3.org\/2000\/svg&#039; preserveAspectRatio=&#039;none&#039; overflow=&#039;visible&#039; height=&#039;100%&#039; viewBox=&#039;0 0 24 24&#039; fill=&#039;black&#039; stroke=&#039;none&#039;%3E%3Cpath d=&#039;M24,8v12H0V8H24z M24,4v1H0V4H24z&#039;\/%3E%3C\/svg%3E&quot;);\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9667793 elementor-widget elementor-widget-heading\" data-id=\"9667793\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Trust Account Journal Entries<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3329488 elementor-widget elementor-widget-heading\" data-id=\"3329488\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Disbursements<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2b41a23 elementor-widget elementor-widget-text-editor\" data-id=\"2b41a23\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>1. Receiving a Retainer from a Client<\/p><table width=\"671\"><thead><tr><td width=\"240\"><p><strong>Account<\/strong><\/p><\/td><td width=\"120\"><p><strong>Debit (DR)<\/strong><\/p><\/td><td width=\"120\"><p><strong>Credit (CR)<\/strong><\/p><\/td><td width=\"191\"><p><strong>Description<\/strong><\/p><\/td><\/tr><\/thead><tbody><tr><td width=\"240\"><p>100-1000 \u2013 Cash at Bank (Trust)<\/p><\/td><td width=\"120\"><p>RM 10,000<\/p><\/td><td width=\"120\">\u00a0<\/td><td width=\"191\"><p>Trust bank receives client retainer<\/p><\/td><\/tr><tr><td width=\"240\"><p>200-0000 \u2013 Client Trust Liability<\/p><\/td><td width=\"120\">\u00a0<\/td><td width=\"120\"><p>RM 10,000<\/p><\/td><td width=\"191\"><p>Firm owes this money back to client<\/p><\/td><\/tr><\/tbody><\/table><p>2. Raising the Tax Invoice (Revenue Recognition)<\/p><table width=\"671\"><thead><tr><td width=\"240\"><p><strong>Account<\/strong><\/p><\/td><td width=\"120\"><p><strong>Debit (DR)<\/strong><\/p><\/td><td width=\"120\"><p><strong>Credit (CR)<\/strong><\/p><\/td><td width=\"191\"><p><strong>Description<\/strong><\/p><\/td><\/tr><\/thead><tbody><tr><td width=\"240\"><p>110-1000 \u2013 Trade Debtors<\/p><\/td><td width=\"120\"><p>RM 5,000<\/p><\/td><td width=\"120\">\u00a0<\/td><td width=\"191\"><p>Amount billed to client<\/p><\/td><\/tr><tr><td width=\"240\"><p>400-0000 \u2013 Professional Fees invoice<\/p><\/td><td width=\"120\">\u00a0<\/td><td width=\"120\"><p>RM 50,000<\/p><\/td><td width=\"191\"><p>Revenue is recognised on the tax invoice<\/p><\/td><\/tr><\/tbody><\/table><p>3. Transferring Earned Fees from Trust to Office Account<\/p><table width=\"671\"><thead><tr><td width=\"240\"><p><strong>Account<\/strong><\/p><\/td><td width=\"120\"><p><strong>Debit (DR)<\/strong><\/p><\/td><td width=\"120\"><p><strong>Credit (CR)<\/strong><\/p><\/td><td width=\"191\"><p><strong>Description<\/strong><\/p><\/td><\/tr><\/thead><tbody><tr><td width=\"240\"><p>200-0000 \u2013 Client Trust Liability<\/p><\/td><td width=\"120\"><p>RM 5,000<\/p><\/td><td width=\"120\">\u00a0<\/td><td width=\"191\"><p>Reduce the trust liability<\/p><\/td><\/tr><tr><td width=\"240\"><p>100-1000 \u2013 Cash at Bank (Trust)<\/p><\/td><td width=\"120\">\u00a0<\/td><td width=\"120\"><p>RM 5,000<\/p><\/td><td width=\"191\"><p>Money leaves the trust bank account<\/p><\/td><\/tr><tr><td width=\"240\"><p>100-0000 \u2013 Cash at Bank (Office) operating account<\/p><\/td><td width=\"120\"><p>RM 5,000<\/p><\/td><td width=\"120\">\u00a0<\/td><td width=\"191\"><p>Transfer received into firm operating account<\/p><\/td><\/tr><tr><td width=\"240\"><p>110-0000 \u2013 Trade Debtors<\/p><\/td><td width=\"120\">\u00a0<\/td><td width=\"120\"><p>RM 5,000<\/p><\/td><td width=\"191\"><p>Invoice settled by trust transfer<\/p><\/td><\/tr><\/tbody><\/table><table width=\"671\"><tbody><tr><td width=\"53\"><p>NOTE<\/p><\/td><td width=\"618\"><p>The revenue entry (Dr Trade Debtors \/ Cr Professional Fees) is created when the invoice is raised, not when the trust transfer happens. The transfer simply settles the receivable.<\/p><\/td><\/tr><\/tbody><\/table>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e7f83e3 elementor-widget elementor-widget-text-editor\" data-id=\"e7f83e3\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Disbursements are costs paid on behalf of clients, not firm revenue. They are recovered from clients at cost.<\/p><ol><li>Paying a Court Filing Fee on Behalf of Client<\/li><\/ol><table width=\"602\"><tbody><tr><td width=\"187\"><p><strong>Account<\/strong><\/p><\/td><td width=\"100\"><p><strong>Debit (DR)<\/strong><\/p><\/td><td width=\"100\"><p><strong>Credit (CR)<\/strong><\/p><\/td><td width=\"215\"><p><strong>Description<\/strong><\/p><\/td><\/tr><tr><td width=\"187\"><p>130-0000 \u2013 Disbursements Receivable<\/p><\/td><td width=\"100\"><p>RM 800<\/p><\/td><td width=\"100\">\u00a0<\/td><td width=\"215\"><p>Amount owed by client (court fee paid)<\/p><\/td><\/tr><tr><td width=\"187\"><p>100-0000 \u2013 Cash at Bank (Office)<\/p><\/td><td width=\"100\">\u00a0<\/td><td width=\"100\"><p>RM 800<\/p><\/td><td width=\"215\"><p>Firm paid out of operating account<\/p><\/td><\/tr><\/tbody><\/table><ol start=\"2\"><li>Recovering the Disbursement via Invoice<\/li><\/ol><table width=\"602\"><tbody><tr><td width=\"187\"><p><strong>Account<\/strong><\/p><\/td><td width=\"100\"><p><strong>Debit (DR)<\/strong><\/p><\/td><td width=\"100\"><p><strong>Credit (CR)<\/strong><\/p><\/td><td width=\"215\"><p><strong>Description<\/strong><\/p><\/td><\/tr><tr><td width=\"187\"><p>110-0000 \u2013 Trade Debtors<\/p><\/td><td width=\"100\"><p>RM 800<\/p><\/td><td width=\"100\">\u00a0<\/td><td width=\"215\"><p>Added to client invoice<\/p><\/td><\/tr><tr><td width=\"187\"><p>130-0000 \u2013 Disbursements Receivable<\/p><\/td><td width=\"100\">\u00a0<\/td><td width=\"100\"><p>RM 800<\/p><\/td><td width=\"215\"><p>Disbursement cleared<\/p><\/td><\/tr><\/tbody><\/table><p>\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-43124b0 elementor-widget-divider--separator-type-pattern elementor-widget-divider--no-spacing elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"43124b0\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\" style=\"--divider-pattern-url: url(&quot;data:image\/svg+xml,%3Csvg xmlns=&#039;http:\/\/www.w3.org\/2000\/svg&#039; preserveAspectRatio=&#039;none&#039; overflow=&#039;visible&#039; height=&#039;100%&#039; viewBox=&#039;0 0 24 24&#039; fill=&#039;black&#039; stroke=&#039;none&#039;%3E%3Cpath d=&#039;M24,8v12H0V8H24z M24,4v1H0V4H24z&#039;\/%3E%3C\/svg%3E&quot;);\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-aba80c0 elementor-widget elementor-widget-heading\" data-id=\"aba80c0\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">LHDN\u2019s Key Concerns for Law Firm Accounts<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a19ff9c elementor-widget elementor-widget-text-editor\" data-id=\"a19ff9c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>The Inland Revenue Board (LHDN) pays close attention to how law firms maintain their office accounts. Understanding what LHDN looks for can help your firm stay audit-ready and avoid unnecessary disputes.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3e6b0cd elementor-widget elementor-widget-image\" data-id=\"3e6b0cd\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"800\" height=\"450\" src=\"https:\/\/poshcorporate.com\/wp-content\/uploads\/2026\/05\/content_6319cf61-b69c-4eb5-b048-c21192fb0a5a.jpg\" class=\"attachment-large size-large wp-image-6850\" alt=\"\" srcset=\"https:\/\/poshcorporate.com\/wp-content\/uploads\/2026\/05\/content_6319cf61-b69c-4eb5-b048-c21192fb0a5a.jpg 800w, https:\/\/poshcorporate.com\/wp-content\/uploads\/2026\/05\/content_6319cf61-b69c-4eb5-b048-c21192fb0a5a-300x169.jpg 300w, https:\/\/poshcorporate.com\/wp-content\/uploads\/2026\/05\/content_6319cf61-b69c-4eb5-b048-c21192fb0a5a-768x432.jpg 768w, https:\/\/poshcorporate.com\/wp-content\/uploads\/2026\/05\/content_6319cf61-b69c-4eb5-b048-c21192fb0a5a-18x10.jpg 18w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cb123a1 elementor-widget elementor-widget-text-editor\" data-id=\"cb123a1\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<h6>1. Deductible Expenses \u2013 What Qualifies and What Doesn\u2019t<\/h6><p>Not all expenses recorded in the office account are automatically tax-deductible. LHDN requires that expenses be:<\/p><ul><li>Wholly and exclusively incurred in the production of income (Section 33, Income Tax Act 1967)<\/li><li>Supported by proper documentation such as invoices, receipts, contracts or payment vouchers<\/li><li>Not capital in nature (capital expenditure is claimed via capital allowances, not as a direct deduction)<\/li><\/ul><p><br \/>Common deductible expenses for law firms include staff salaries, office rental, professional indemnity insurance, bar council fees, and telecommunication costs. Non-deductible items typically include personal expenses, entertainment without business purpose, and fines or penalties.<\/p><h6>2. Supporting Documents LHDN Expects<\/h6><p>During a tax audit, LHDN will typically request the following:<\/p><ul><li>Invoices and receipts for all expenses claimed<\/li><li>Bank statements reconciled to accounting records<\/li><li>Payroll records including EA forms and EPF\/SOCSO contribution statements<\/li><li>Tenancy agreements for rental deductions<\/li><li>Director\u2019s or partner\u2019s fee resolutions<\/li><li>SST return filings and payment records<\/li><\/ul><h6>3. Revenue Recognition \u2013 Accrual vs. Cash Basis<\/h6><p>Law firms in Malaysia are generally required to report income on an accrual basis. This means professional fees are recognised when the invoice is raised, not when payment is received. LHDN may challenge firms that defer income recognition without proper justification.<\/p><h6>4. Partners\u2019 and Directors\u2019 Remuneration<\/h6><p>LHDN scrutinises remuneration paid to partners and directors to ensure it is reasonable and supported by board or partnership resolutions. Excessive or undocumented drawings may be treated as non-deductible.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-f50f706 e-flex e-con-boxed e-con e-parent\" data-id=\"f50f706\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-ba84d77 elementor-widget elementor-widget-heading\" data-id=\"ba84d77\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">LHDN Has No Access to a Law Firm\u2019s Client Trust Account<\/h2>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-3fcfb0e e-flex e-con-boxed e-con e-parent\" data-id=\"3fcfb0e\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-726438c elementor-widget elementor-widget-text-editor\" data-id=\"726438c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>A landmark legal ruling has confirmed that the Inland Revenue Board (LHDN) cannot access a law firm\u2019s client trust account for tax audit purposes.<\/p><h6>What Happened?<\/h6><p>The IRB attempted to access client account records from law firms under Section 142(5) of the Income Tax Act 1967. The Malaysian Bar objected, asserting that such access breaches solicitor-client privilege under the Evidence Act 1950.<\/p><h6>What the Federal Court Decided<\/h6><p>The Federal Court dismissed the IRB\u2019s appeal on three key grounds:<\/p><ul><li>The money in the client account belongs to the client, not the lawyer \u2014 there is no valid reason to inspect it to audit the firm\u2019s own tax affairs.<\/li><li>Solicitor-client privilege still applies. Section 142(5) of the ITA does not override Section 126 of the Evidence Act.<\/li><li>Only the client can waive the privilege \u2014 the solicitor cannot hand over client account information to LHDN without the client\u2019s explicit consent.<\/li><\/ul><p><br \/>If you&#8217;d like to read the full ruling in detail, the full article is available at:<br \/><a href=\"https:\/\/theedgemalaysia.com\/article\/apex-court-denies-irb-access-client-accounts-law-firm\" target=\"_blank\" rel=\"noopener\">Federal Court denies IRB access to client accounts of law firm (The Edge Malaysia)<\/a><\/p><p>Bar Council circular:<br \/><a href=\"https:\/\/www.malaysianbar.org.my\/cms\/upload_files\/document\/Circular%20No%20073-2023.pdf\" target=\"_blank\" rel=\"noopener\">Bar Council Circular No. 073\/2023 on IRB access to client accounts<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ab08b04 elementor-widget-divider--separator-type-pattern elementor-widget-divider--no-spacing elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"ab08b04\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\" style=\"--divider-pattern-url: url(&quot;data:image\/svg+xml,%3Csvg xmlns=&#039;http:\/\/www.w3.org\/2000\/svg&#039; preserveAspectRatio=&#039;none&#039; overflow=&#039;visible&#039; height=&#039;100%&#039; viewBox=&#039;0 0 24 24&#039; fill=&#039;black&#039; stroke=&#039;none&#039;%3E%3Cpath d=&#039;M24,8v12H0V8H24z M24,4v1H0V4H24z&#039;\/%3E%3C\/svg%3E&quot;);\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-a18c397 e-flex e-con-boxed e-con e-parent\" data-id=\"a18c397\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-cdbd756 elementor-widget elementor-widget-heading\" data-id=\"cdbd756\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Misuse of Client Funds is a Criminal Offence<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3001852 elementor-widget elementor-widget-text-editor\" data-id=\"3001852\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>The client trust account is one of the most heavily regulated aspects of legal practice. Lawyers who misuse client funds even temporarily may face severe criminal and professional consequences, including imprisonment.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c2eddaf elementor-widget elementor-widget-image\" data-id=\"c2eddaf\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"616\" height=\"257\" src=\"https:\/\/poshcorporate.com\/wp-content\/uploads\/2026\/05\/doctor-handcuffs-money-medical-crime-260nw-2283168759.jpg\" class=\"attachment-large size-large wp-image-6853\" alt=\"\" srcset=\"https:\/\/poshcorporate.com\/wp-content\/uploads\/2026\/05\/doctor-handcuffs-money-medical-crime-260nw-2283168759.jpg 616w, https:\/\/poshcorporate.com\/wp-content\/uploads\/2026\/05\/doctor-handcuffs-money-medical-crime-260nw-2283168759-300x125.jpg 300w, https:\/\/poshcorporate.com\/wp-content\/uploads\/2026\/05\/doctor-handcuffs-money-medical-crime-260nw-2283168759-18x8.jpg 18w\" sizes=\"(max-width: 616px) 100vw, 616px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-3774604 e-flex e-con-boxed e-con e-parent\" data-id=\"3774604\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-0f65b53 elementor-widget elementor-widget-text-editor\" data-id=\"0f65b53\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<h6><strong>Real cases in Malaysia serve as a stark reminder:<\/strong><\/h6><ul><li><a href=\"http:\/\/nst.com.my\/news\/2015\/09\/lawyer-jailed-6-years-misusing-rm418500-clients&#039;-money\" target=\"_blank\" rel=\"noopener\">Lawyer jailed 6 years for misusing RM418,500 of clients\u2019 money (NST)<\/a><\/li><li><a href=\"https:\/\/www.thestar.com.my\/news\/nation\/2025\/01\/20\/rm160mil-lost-to-rogue-lawyers-over-four-years\" target=\"_blank\" rel=\"noopener\">RM160 million lost to rogue lawyers over four years (The Star, 2025)<\/a><\/li><\/ul><p>These cases highlight why robust trust accounting controls, regular reconciliations, and external accountant oversight are not just regulatory requirements \u2014 they are essential safeguards for your clients and your career.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9a7b091 elementor-widget-divider--separator-type-pattern elementor-widget-divider--no-spacing elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"9a7b091\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\" style=\"--divider-pattern-url: url(&quot;data:image\/svg+xml,%3Csvg xmlns=&#039;http:\/\/www.w3.org\/2000\/svg&#039; preserveAspectRatio=&#039;none&#039; overflow=&#039;visible&#039; height=&#039;100%&#039; viewBox=&#039;0 0 24 24&#039; fill=&#039;black&#039; stroke=&#039;none&#039;%3E%3Cpath d=&#039;M24,8v12H0V8H24z M24,4v1H0V4H24z&#039;\/%3E%3C\/svg%3E&quot;);\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-099bf15 elementor-widget elementor-widget-heading\" data-id=\"099bf15\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">E-Invoicing: What Law Firms Need to Know<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6c0f4be elementor-widget elementor-widget-text-editor\" data-id=\"6c0f4be\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>E-invoicing requires businesses to issue invoices in a standardised digital format that is submitted to and validated by LHDN in real time or near-real time via the MyInvois portal or API. Once validated, the invoice carries a unique LHDN QR code.<\/p><h6>How E-Invoicing Affects Law Firm Accounting<\/h6><ul><li>All tax invoices, credit notes, and debit notes must be submitted to LHDN via MyInvois before being issued to clients<\/li><li>The invoice is only considered valid once it receives LHDN\u2019s validation and a unique Invoice Code Number (ICN)<\/li><li>Professional fees, disbursements, and any other chargeable items must be clearly itemised and classified in the e-invoice<\/li><li>SST treatment (taxable, exempt, or out-of-scope) must be correctly reflected in each line item of the e-invoice<\/li><\/ul><h6>Tax Implications<\/h6><p>E-invoicing will change how law firms track income and expenses for tax purposes:<\/p><ul><li>Revenue recognition will be more tightly tied to validated invoice dates, reducing flexibility in timing<\/li><li>LHDN will have real-time visibility into a firm\u2019s billing activity, making accurate and consistent record-keeping even more critical<\/li><li>Disbursements recovered from clients must be correctly classified to avoid incorrect SST treatment<\/li><li>Firms on payment basis for SST must ensure their accounting system can handle the difference between invoice date and payment date<\/li><\/ul><p>\u00a0<\/p><table style=\"height: 19px;\" width=\"1027\"><tbody><tr><td width=\"80\"><strong>NOTE<\/strong><\/td><td width=\"522\">E-invoicing applies to the office account (professional fees and disbursements billed to clients). It does not apply to transactions within the client trust account, as those are not firm revenue.<\/td><\/tr><\/tbody><\/table>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a637826 elementor-widget elementor-widget-image\" data-id=\"a637826\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"534\" src=\"https:\/\/poshcorporate.com\/wp-content\/uploads\/2026\/05\/shutterstock_2641226065-e-invoice-thumbnail-scaled-1-1024x684.jpg\" class=\"attachment-large size-large wp-image-6854\" alt=\"\" srcset=\"https:\/\/poshcorporate.com\/wp-content\/uploads\/2026\/05\/shutterstock_2641226065-e-invoice-thumbnail-scaled-1-1024x684.jpg 1024w, https:\/\/poshcorporate.com\/wp-content\/uploads\/2026\/05\/shutterstock_2641226065-e-invoice-thumbnail-scaled-1-300x200.jpg 300w, https:\/\/poshcorporate.com\/wp-content\/uploads\/2026\/05\/shutterstock_2641226065-e-invoice-thumbnail-scaled-1-768x513.jpg 768w, https:\/\/poshcorporate.com\/wp-content\/uploads\/2026\/05\/shutterstock_2641226065-e-invoice-thumbnail-scaled-1-1536x1025.jpg 1536w, https:\/\/poshcorporate.com\/wp-content\/uploads\/2026\/05\/shutterstock_2641226065-e-invoice-thumbnail-scaled-1-2048x1367.jpg 2048w, https:\/\/poshcorporate.com\/wp-content\/uploads\/2026\/05\/shutterstock_2641226065-e-invoice-thumbnail-scaled-1-18x12.jpg 18w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d8d701d elementor-widget elementor-widget-heading\" data-id=\"d8d701d\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Let POSH Help with Your Firm\u2019s Accounting <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-61a784c elementor-widget elementor-widget-text-editor\" data-id=\"61a784c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>At POSH, we assist law firms throughout the entire client account management process, from ensuring proper documentation and record-keeping to maintaining full compliance with the relevant legal and accounting standards.<\/p><p>With our expertise and hands-on approach, we help reduce administrative burden, minimise compliance risks, and keep your client accounts running smoothly. Contact us to find out how POSH can support your firm&#8217;s account management and broader practice needs.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-3293753 e-flex e-con-boxed e-con e-parent\" data-id=\"3293753\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>Introduction Accounting for a law firm is fundamentally different from accounting for most other businesses. A law firm handles client money, operates on billable hours, manages trust accounts, and must comply with strict regulatory requirements set by the relevant Bar Council or Law Society. Client money is not a firm revenue, it must be kept [&hellip;]<\/p>","protected":false},"author":6,"featured_media":6869,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7],"tags":[],"class_list":["post-6846","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-accounting"],"acf":[],"_links":{"self":[{"href":"https:\/\/poshcorporate.com\/cn\/wp-json\/wp\/v2\/posts\/6846","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/poshcorporate.com\/cn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/poshcorporate.com\/cn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/poshcorporate.com\/cn\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/poshcorporate.com\/cn\/wp-json\/wp\/v2\/comments?post=6846"}],"version-history":[{"count":10,"href":"https:\/\/poshcorporate.com\/cn\/wp-json\/wp\/v2\/posts\/6846\/revisions"}],"predecessor-version":[{"id":6867,"href":"https:\/\/poshcorporate.com\/cn\/wp-json\/wp\/v2\/posts\/6846\/revisions\/6867"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/poshcorporate.com\/cn\/wp-json\/wp\/v2\/media\/6869"}],"wp:attachment":[{"href":"https:\/\/poshcorporate.com\/cn\/wp-json\/wp\/v2\/media?parent=6846"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/poshcorporate.com\/cn\/wp-json\/wp\/v2\/categories?post=6846"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/poshcorporate.com\/cn\/wp-json\/wp\/v2\/tags?post=6846"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}