Personal and Professional Services
In this hour you will learn about…
- Law firms
Businesses that offer personal and professional services are important to our economy and to the millions of people that seek their services. Most of these businesses use the standard bookkeeping accounts and files you have been learning about throughout this book. However, there are a few variations in the way the income is earned, the employees are paid, and the way the clients are billed that is worth exploring.
While many of these service providers are large corporate entities, just as many are smaller operations, even home-based businesses, that may need information on managing their own bookkeeping systems.