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    Legal Cost Memorandum

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    Can someone take a look at the below e-mail I need to send to a Sr. Director requesting help and give me suggestions/comments on how to make this email flow and sound better? Thanks.

    Hi Melanie,

    Per our conversation, each month I do an entry to accrue all costs associated with pending foreclosures. The costs used for the journal entry are based on the Legal costs associated with processing foreclosures. We have been using a prior year Legal Costs. I have received 2009 Legal Costs, however for some of the categories I am unsure as to how the legal costs roll-up into these categories. I tried comparing the 2009 Legal Costs categories vs. the 2007 Legal Costs categories and I'm unable to determine how some of the costs roll-up into the categories in the Data Sheet used for the journal entry. Can you take a look at the files to see if you can determine how the costs were itemized on the data sheet?

    I've attached the following files:

    1.2009 Legal Costs

    2.2007 Legal Costs used for Journal Entry (provided by John Thomas)

    3.Data Sheet that has the 2007 Legal Costs entered for each Property

    Thanks for your help.

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    Solution Preview

    Hi Melanie,

    This email is in reference to our previous conversation regarding proper journal entry(ies) for 2009 Legal Costs. Each month I have created an entry to accrue all costs that are associated with pending foreclosure transactions. The costs that are used for the journal entry(ies) are based on the legal costs ...

    Solution Summary

    Brief discussion on legal cost comparisons