Manage Trust Deposits

Trust deposit records document cash and cheque funds you receive into trust, which compliance rules require at the time you receive them. Creating a deposit record captures the details your bank needs, and you can download a copy for the physical deposit. With deposit records in place, your trust ledger stays compliant and audit-ready.

Create a trust deposit

  1. Go to Accounts.
  2. Select the trust account where the funds will be allocated.
  3. Select Deposit funds.
  4. From the list of undeposited transactions, select the transactions you want to deposit.
  5. Enter the Deposit reference and select the Bank account and Deposit date.
  6. If you are depositing cash, enter the amounts under Coins and Notes.
  7. Under Transactions, select the cash and cheque deposits you want to deposit.
  8. Click Save deposit.

 

View or download a trust deposit

  1. Go to Accounts.
  2. Select the trust account where you recorded the trust receipt.
  3. Select the Transactions subtab.
  4. Find the trust deposit record you want.
  5. Click the down arrow next to Edit and select View to view the record, or Download to save a PDF copy for your banking institution.

 

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