You can add an operating bank transaction within your application. To add an operating bank transaction: From the left navigation panel, click Banking. On the Bank screen, double-click the bank to scroll down to its details. From the tabs atop the Bank’s details section, click Transaction. From the toolbar atop the Transaction screen, click Add > Deposit or Add > Withdrawal as applicable. …

You can document internal fund transfers between operating accounts or between credit and operating accounts. There are two options: Transfer Funds from Business/Operating Bank Account to other Business/Operating Bank Account Transfer Funds from Business/Operating Bank to Credit Card Bank Note: For recording a transfer from trust to trust, refer to the Matter to Matter Internal …

Some jurisdictions allow you to accept and retain client funds in your firm’s operating account. You can track these funds using the Operating Retainer feature. Add an Operating Retainer Navigation There are a few areas in which you can add an operating retainer deposit: From the main matters page – Click on the three dots at the end …

You can flag payees that qualify as 1099-eligible and produce reports to monitor your firm’s payments to those payees. Important: If you have additional questions on specific situations for your firm, please contact your accountant. Tag a Payee as 1099-Eligible To tag a payee as 1099-eligible: Edit the payee you want to flag. Confirm the Tax ID …

If your jurisdiction allows, you can deposit a retainer in your operating account and pay invoices from it. You may also have a credit due to returned funds, or a recovered overpayment. To record an invoice payment by operating retainer: You can access the Pay Invoices screen from: Quick Action Billing > Invoices Matters > …