Accounting/Billing expert Caren Schwartz writes in with a tip for QuickBooks users: "Many of my clients use QuickBooks to handle trust accounting. Usually we setup a separate company with a very simple chart of accounts. The way I recommend handling the transactions is to make sure you have a customer name on the detail line in EVERY check that you write, and to always use the customer name as the received from for every deposit. Then it is easy to setup a report that shows the transactions and the balance for every customer."
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