Quickbooks

Michelle Rigsby Newest Quickbooks Certified ProAdvisor

 

Michelle Rigsby QuickbooksCongratulations to Michelle Rigsby on obtaining the QuickBooks Certified ProAdvisor status.  With this additional milestone, Michelle will be even more effective assisting our law firm clients with routine account management expertise as well as practical accounting.

 

Michelle now joins Senior Vice President Donna Jones on the QuickBooks support team.  If you are an Advocate Capital, Inc. client, not only do you receive discounts on user licenses and software upgrades but free Quickbooks training and support as well.

 

 

If you have questions regarding your existing Advocate Capital account related to Quickbooks, please contact your Account Manager, call our office toll-free at 1-877-894-9724, or send us a message by clicking here.

 

If you are not an Advocate Capital, Inc. customer, we hope you join our family of clients very soon!

 

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QuickBooks® Desktop 2017 Version Now Available

 

Copyright : Muhammad RibkhanContingent-Fee law firms enjoy many value added benefits when they join the Advocate Capital, Inc. program, including complimentary access to QuickBooks support and discounts toward the purchase of QuickBooks products. With that, we work to keep our clients up-to-date on new releases as they become available.

 

Intuit announced in September the release of QuickBooks Desktop 2017. In this article, Charlie Russell of the Accountex Report provides a great overview of the newest features.

 

Intuit supports the most recent 3 year period so the release of 2017 signals that intuit will soon discontinue support for 2014 versions. Those using the Payroll feature will be most impacted when support for 2014 is discontinued as payroll updates, payroll tax calculations and direct deposits will no longer function properly. 2014 Users will have payroll capability through December 2016 and likely for a brief period thereafter (referred to as the sunset period); however, if you’re using the payroll feature you will want to begin considering an update soon.

 

Need help deciding?

 

QuickBooks Premier Users: click here to compare the 2017 Premier features to prior year versions.

 

QuickBooks Pro Users: click here to compare the 2017 Pro features to prior year versions.

 

Quick tip:  Don’t know which version of QuickBooks you’re currently using? With QuickBooks open, Click F2 on your keyboard to display product information.

 

If you’d like more information about special pricing or support available to Advocate Capital, Inc. clients, contact your Account Representative or email us at QBSupport@AdvocateCapital.com.

 

Lisa Wagner

Senior Vice President, Client Services

 

Advocate Capital Inc. Quickbooks Certified ProAdvisor

 

Photo Credit: Muhammad Ribkhan
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Intuit Support for QuickBooks® 2013 Expires May 31, 2016

 

Copyright : alexmillosIf you’re using QuickBooks® 2013 Desktop versions, you’re likely receiving notices from QuickBooks® that support for 2013 versions is about to expire.

 

As the QuickBooks® team works to meet the ever changing organizational and technological needs of its customers and improve functionality and organization, support for older versions is discontinued. QuickBooks® 2013 desktop versions will no longer be able to access features such as Online Banking or other QuickBooks® services such as Payroll, Payments and live technical support after May 31, 2016.

 

If you use those features, you’ll need to upgrade to 2016 to continue your support and access those features. Upgrading to a newer version can be a little scary, but be brave! The enhancements are usually well worth the time invested in upgrading. For a peak at what’s new for 2016, click here to view a thorough explanation and illustration provided by Charlie Russell of The Sleeter Group.

 

If you’ve been thinking about transitioning to QuickBooks® Online, click here to get an idea about QuickBooks® Online pricing and to compare Online vs Desktop features.

 

As a reminder, Advocate Capital, Inc. clients enjoy a special pricing on QuickBooks® products and upgrades. If you’re considering upgrading to a new and improved version of QuickBooks®, contact your Account Manager to take advantage of the discounted pricing.

 

Lisa Wagner

Senior Vice President, Client Services

 

Photo Credit: alexmillos
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QuickBooks® Online vs. Desktop Versions – Things to Consider

 

Photo Credit: alexmillosMore and more consumers are enjoying the convenience and benefits of anytime, anywhere access to critical information. Instant access to information has become the norm and almost a necessity. What’s more important than accessing your Firm’s financial data anytime, anywhere?

 

Many law firms utilize QuickBooks® as an accounting solution and QuickBooks® Online has been available for many years. However, some firms are reluctant to transition from the traditional desktop version to the online version because of the lack of knowledge about the benefits of the online version and just how simple the conversion can be.

 

A few of the basic advantages of QuickBooks® Online vs. the Desktop solution include:

 

  1. Anytime access wherever internet connections are available.
  2. Increased productivity with automatically downloaded transactions from financial institutions & automatically categorized transactions.
  3. Apps available for smartphones and tablets.
  4. Easy 3 step conversion from Desktop to Online Version

 

Click here to see a comparison of features available in QuickBooks® Online vs. QuickBooks® Desktop versions and to view short video demonstrations. As with the Desktop solutions, there are several online versions available to meet individual firm needs. Click here to view a feature comparison chart for the various QuickBooks® Online versions.

 

Complimentary QuickBooks® support is available as an added value benefit to Advocate Capital, Inc. clients. For more information, contact your Advocate Capital, Inc. Account Manager or via email at QBSupport@AdvocateCapital.com.

 

QB ProAdvisorLisa Wagner

Senior Vice President, Client Services

 

Photo Credit: alexmillos
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QuickBooks® Pro 2015 Available – Advocate Capital, Inc. Clients Enjoy Special Pricing

 

Copyright: <a href='http://www.123rf.com/profile_alexmillos'> / 123RF Stock Photo</a>As we’re approaching year-end, it’s a great time to start getting your law firm’s books and records in order, taking advantage of strategic year-end tax planning initiatives and setting goals for 2015.

 

QuickBooks recently announced the availability of QuickBooks Pro 2015.  If you’ve been considering updating your existing version, click here to view a comparison chart highlighting the new features available in QuickBooks 2015.  Upgrading from an existing version is easy.  It comes with a downloadable link and you can be up and running with access to the new features of 2015 in no time at all.

 

Advocate Capital, Inc. clients enjoy a special 30% discount on new purchases and upgrades to QuickBooks products as well as complimentary access to QuickBooks Certified ProAdvisors to help navigate QuickBooks related questions.

 

If you’d like to take advantage of the special discounted pricing available to Advocate Capital, Inc. clients, contact your Account Representative or email us at QBSupport@AdvocateCapital.com.

 

Our mission is to support the important work of Plaintiff Attorneys, helping them achieve the best possible result for their clients and for their practices.

 

Lisa Wagner

Senior Vice President, Client Services

Advocate Capital Inc. Quickbooks Certified ProAdvisor

 

 

 

 

 



Photo Credit:  123RF Stock Photo
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IRS Ruling Regarding Accounting Treatment of Client Case Costs

 

Since 1982, the IRS has ruled that contingent-fee related case costs paid by law firms are actually loans to the client, or advances made on the client’s behalf that the law firm expects to recover. The IRS ruling further states that those costs may NOT be deducted as a business expense on the law firm’s tax return. If selected for an audit by the IRS, accounting for client case costs as a business expense, could result in significant fines and penalties and a potentially sizable tax bill for the law firm. According to the IRS ruling, case costs related to contingent-fee cases should be reported for accounting and tax purposes in the asset section of a law firm’s Balance Sheet.

 

Are you applying the correct accounting treatment to contingent-fee client case costs?

 

If you use QuickBooks, this short video will provide you with information to help you make sure your law firm is adhering to the proper accounting treatment of client case costs and if you’re not, it will demonstrate steps to get you on the right track.

 

 

If you have questions or would like additional information on this issue, please contact us via email at QBSupport@AdvocateCapital.com.

 

Because these costs represent a non-deductible expenditure of a law firm’s cash resources, they essentially sit on the law firm’s books as a receivable – often for years, while the law firm works to achieve justice on behalf of its clients. Advocate Capital, Inc. provides contingent-fee law firms with strategic business solutions to help law firms address this important financial issue.

 

If you would like to talk a representative about how the Advocate Capital, Inc. program may be able to help your Practice, visit our website www.AdvocateCapital.com or call us toll free at 877-894-9724.

 

Lisa Wagner

Senior Vice President, Client Services

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Donna Jones Achieves QuickBooks Certified ProAdvisor Status

 

Advocate Capital, Inc. Donna JonesCongratulations to Donna Jones for achieving the QuickBooks Certified ProAdvisor status!  In her role as Senior Vice President here at Advocate Capital, Inc., Donna oversees our Quality Assurance Team and also serves as Account Manager for many of our key clients.  This new level of expertise together with her previous law firm administration experience will help Donna continue to “wow” clients from both the law office management perspective as well as practical accounting.

 

Advocate Capital Inc. Donna Jones Quickbooks ProAdvisorDonna joins Lisa Wagner, Senior Vice President – Client Services on our QuickBooks support team.  If you are an Advocate Capital, Inc. client, you have access to free QuickBooks training and support!  To take advantage of this free service, please contact your Account Manager, call our office toll-free at 1-877-894-9724 or send us a message by clicking here.

 

If you are not an Advocate Capital, Inc. customer yet, we hope you’ll join our family of clients very soon.

 

Michael J. Swanson

President and Chief Executive Officer

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QuickBooks® 2011 Support and Add-on-Services Expiring May 31st

 

Quickbooks changes, Advocate Capital, Inc. reportsIf you’re using QuickBooks® 2011 or prior versions, please note that technical support and access to add-on-services, such as payroll for QuickBooks® 2011 and prior versions will be discontinued after May 31, 2014.  For a full listing of the add-on-services that will no longer function on QuickBooks 2011 and prior versions, click here.

 

The great news for Advocate Capital, Inc. clients is that in addition to access to complimentary QuickBooks® training with official QuickBooks® ProAdvisors, Advocate Capital, Inc. clients are also eligible to receive discounted pricing on QuickBooks® upgrades and new purchases.

 

If you don’t need live technical support or to utilize any of the add-on-services, your existing QuickBooks® 2011 version will continue to work for you.  However, it’s relatively simple and inexpensive to upgrade to take advantage of enhanced features of newer versions.

 

To learn more about how to take advantage of the special pricing and complimentary training contact your Advocate Capital, Inc. Account Manager or click here to request the Advocate Capital, Inc. special order form.

 

Lisa Wagner

Senior Vice President, Client Services

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Intuit® Releases QuickBooks 2014

 

Special Pricing Available for Advocate Capital, Inc. Clients

 

Intuit Releases 2014 Quickbooks, Advocate Capital, Inc. reportsIn addition to the unique strategic business solutions we provide trial lawyers across the U.S., Advocate Capital, Inc. clients are also eligible for complimentary QuickBooks support as well as a 30% savings on the purchase of QuickBooks software and upgrades and a 20% savings on QuickBooks supplies.

 

Intuit recently announced the release of its latest version, QuickBooks 2014 and the discontinued support for 2010 and prior versions so if you’ve been thinking about upgrading your current version of QuickBooks, now is a great time.

 

If you’re wondering what’s new in QuickBooks 2014, I’ve provided links below as an overview/comparison of the new 2014 features (Advocate Capital, Inc. Clients receive a 30% cost savings off the prices listed in the link):

 

QuickBooks Pro Users:

http://quickbooks.intuit.com/pro/compare

 

QuickBooks Premier Users:

http://quickbooks.intuit.com/premier/compare

 

If you would like to take advantage of the special cost savings for new purchases or upgrades or the complimentary QuickBooks support, click here to contact me or contact your Advocate Capital, Inc. Account Representative for more information.

 

Our objective is to help our clients obtain the best possible results for their clients and their businesses.

 

Lisa Wagner

Senior Vice President, Client Services

QuickBooks Certified ProAdvisor

 

 

Photo Credit: qb Services
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Special QuickBooks® Pricing Available to Advocate Capital, Inc. Clients

 

At Advocate Capital, Inc., our sole focus is on helping our clients, successful plaintiff lawyers across the U.S., achieve the best possible results for their clients and for their practices.

 

We recently added free QuickBooks Support to the list of services we provide existing clients. Today we are happy to announce that we can now provide existing clients with a 30% cost savings on the purchase of QuickBooks products (including upgrades).

 

QuickBooks recently discontinued support services for all 2010 and prior products so you may be thinking about an upgrade.  If you are not sure which QuickBooks version you are currently using, simply press the F2 key on your keyboard with QuickBooks open.

 

If you are an attorney thinking about purchasing QuickBooks for the first time, please note there is an industry specific version designed to meet the specific needs of lawyers called QuickBooks for Law Firms.

 

If you would like to take advantage of the special QuickBooks cost savings as a benefit of being an Advocate Capital, Inc. client, click here to send me a message or contact your Advocate Capital, Inc. Account Representative.

 

We’re here to provide you with resources to get the best possible results for your clients and your practice!

 

Lisa Wagner

Senior Vice President, Client Services

QuickBooks Certified ProAdvisor

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Case Expense Financing at a Net Cost of Less Than 1%*

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