Add a Trust Deposit Transaction
Regardless of where you input a trust deposit within the application, a matter must be selected as a trust accounting safeguard.
Trust Accounting
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Add a Trust Withdrawal Transaction
Regardless of where you input a trust deposit within the application, a matter must be selected as a trust accounting safeguard.
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Edit, Delete, or Void a Trust Transaction
You can edit, delete, or void a trust transaction.
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Enter a Trust Transaction Across Multiple Matters
You can utilize a single trust credit (deposit) or debit (withdrawal) from a trust account across multiple matters.
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Manage Evergreen Retainers
Utilize our Low Retainer Reminder tool to monitor low retainer balances, commonly referred to as evergreen retainers, and generate replenishment reminders for clients. Note: Before sending low-retainer reminders, it is advisable to review the low-retainer reminders email template located at Setup > Firm Settings > Email Templates > Email Invoice > select Low Retainer Reminders Setting Minimum Retainer …
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Place Trust Funds on Hold
If you wish to hold a deposit transaction in a matter’s trust account that cannot be used against invoice payments or refunds, you can place trust funds on hold. Trust Hold has to be configured at the firm level and you can override the firm level settings at the matter level. Configure Trust Hold Settings …
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Create a Personal Buffer Matter for Your Trust Account
Attorneys often retain a nominal amount of personal funds in their trust account to cover bank fees and other related incidentals. We refer to this as a personal buffer. Important: Check with your jurisdiction, as the total funds allowed in trust for this purpose can differ. Create a Personal Buffer Matter To create a personal …
Create a Personal Buffer Matter for Your Trust Account Read More »
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Record IOLTA Interest Deposits & Withdrawals
Ensuring accurate reconciliation of your account statements involves tracking the transactions related to Interest on Lawyer Trust Accounts (IOLTA) if your bank credits interest to your trust account and it reflects on your statements.
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Matter to Matter Internal Funds Transfer
Users that are restricted using the Ethical Wall feature will not be able to view certain Clients-Matters.
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Record Trust/Escrow Bank Fees
You must associate trust transactions with a matter, so you must use an administrative matter to record bank fees.
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Switch Your Trust Bank & Transfer Your Balance
When you switch trust banks, you also transfer funds from the old account to the new at the matter level with a Matter to Matter Internal Trust Fund Transfer
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Trust Auto Apply
While creating an invoice, you can automatically transfer trust funds from the default trust bank associated with the matter to your firm’s operating account. Auto Trust Transfer Workflow Auto Trust Transfer at Firm Level Enable Trust Auto Apply at the Firm level to activate the transfer trust funds associated with a matter while creating an invoice. Auto …
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Import Your Real Estate Closing Ledger
If your firm uses Easy-HUD or Easy-CDF for their real estate closings, you can import your ledger from Easy-HUD and Easy-CDF to reduce the need for manual transaction entry. Import Your Real Estate Closing Ledger To import your real estate closing ledger: Take the appropriate actions: Easy-HUD Save the file to your preferred location as …