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A Client Trust Accounting Guide for GnuCash

While practicelaw has several hundred practice forms and resources, very little of it is developed with or directed toward open source software. We use Dreamweaver to design and manage the site, Microsoft Word (see “Kicking This Word Addiction Ain’t Easy”) and Adobe Acrobat for our forms, and other proprietary software, such as Lexis-Nexis’ HotDocs product.

That’s now changed with the lastest of practicelaw’s four client trust accounting guides. While produced as an Adobe Acrobat file, the newest guide is intended for the relatively few attorneys out there using open source accounting software. Specifically, GnuCash, a free and open source financial software application.

GnuCash LogoLike prior accounting guides for QuickBooks and Microsoft Office Accounting, the newest guide walks the attorney (and this is directed specifically at Minnesota attorneys) through the requirements and general principles of client trust accounting. Mike Trittipo, the MSBA’s director of technology and the author of the guides, then turns his attention to using GnuCash as your financial accounting software and walks you step by step through setting up asset and trust liability acccounts, adding entries and transactions, transferring funds, and reconciling the accounts each month. It’s a great guide, even if you read only the first part to understand the general requirements of client trust accounting.

Does the release of an open source software resource signal additional OSS resources coming to practicelaw? While I’m a big proponent of OSS, it’s unlikely additional significant OSS resources will be coming out in the near future. But, at least with the critical task of balancing and reconciling your client trust accounts, you have at least one open source alternative to consider, with guidance now available.

Gregory Luce - While blogging for the Practice Blawg, Greg was the Practice Development Director at the Minnesota State Bar Association, where he oversaw development of the association's various member-related online services. A 1993 graduate of the University of Minnesota School of Law, he has been an attorney in private practice, a solo practitioner, and a staff attorney for Legal Aid. He currently works as a consultant and develops products for Lawyerist Media, LLC.

2 Comments


  1. practicelaw
    Nov 30, 2009

    Thanks for letting us know. When we moved to the new blog, the link broke. It is now fixed in the posting and also available here: http://www.practicelaw.org/45/tags/219


  2. Anony-mouse
    Nov 28, 2009

    Your link to the guide is dead.

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