Non-Profit
Legal & Compliance Expense
Paying a lawyer for reviewing grant agreements and employment contracts.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Management & General: Legal Fees | Expense (+) | 1,500.00 | - |
| Cash / Accounts Payable | Asset/Liability (-) | - | 1,500.00 |
💡 Accountant's Note
Legal fees for organizational compliance, contract review, and employment matters are Management & General expenses. Legal fees directly related to a specific program would be a program expense.
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