Recording a client funds transaction keeps the ledger accurate when funds move without a request, such as a direct receipt of funds. Recording a receipt logs the funds against the correct client funds account and matter. When you receive cash or a cheque, you also create a deposit record to stay compliant.
Record a client funds receipt
You can record a client funds receipt from the Transactions subtab of a contact or matter, or from the Accounts tab. Each recorded entry is assigned a receipt number.
Important: If you select Cash or Cheque under Payment Type, also create a client funds deposit record at the time you receive the funds. See Manage Client Funds Deposits.
- Go to a contact or matter and click the Transactions subtab. You can also go to Accounts and select the client funds account.
- From the account dropdown, select the client funds account into which the funds are deposited.
- Click New receipt or New transaction. The button name depends on whether enhanced client funds account features are enabled.
- Complete the required information.
- Click Record transaction.
View client funds transactions
- Go to Accounts.
- Select the client funds account where you recorded the transaction.
- From the Transactions subtab, find the transaction record you want.
- Click the down arrow next to Edit and select View.
Up next
- Manage Client Funds Deposits: Create a deposit record for client funds receipts in cash or cheque.
- Send and Manage Client Funds Receipts: Send, view, or download a client funds receipt.