Payments and Bank Accounts

Accounts in Clio Manage are designed to mirror your real-life bank accounts at your financial institution for collecting payment on bills and retaining client funds. You can create two types of accounts in Clio—operating and client accounts. Client funds accounts retain funds in trust for clients. Operating accounts are for daily transactions.

Create new accounts

When creating a new bank account in Clio, you can select whether the account is an operating or client funds account. All non-client funds accounts are operating accounts. Once transactions have been applied to an account, account types should not be changed since this can cause account balancing inaccuracies.

1. Go to Accounts.
2. Select New account.
3. Name your account and select the account type.
4. Choose the Currency and enter the account’s opening balance.
   Note: Once a transaction appears in the account, the currency cannot be changed.
5. Optional: Check the box for Connect this bank account to online payments and add financial details to connect the account to Clio Payments to accept payments directly from clients. You can only connect bank accounts that are in your local currency. Learn more below.
6. Click Create bank account.

Connect or disconnect bank accounts from online payments

When creating or editing a bank account in Clio, you have the option to connect the account to Clio Payments. If you are setting up Clio Payments for the first time, you are required to connect at least one Clio Manage operating account to online payments once your application is approved. This allows you to collect payment for bills and sync transaction records with your accounting platform. You can also disconnect any bank accounts that you do not want connected to online payments.

Connect bank accounts to payments:

1. Go to Accounts.
2. Click Connect to payments. You can also click the down arrow next to Edit and select Connect to online payments.
3. Select the account that you connected when signing up for Clio Payments. Click Add payout account to connect to a different payout account.
   • If you do not have the option to choose a payout account, this means that your payout account is still pending verification. Once it is verified, you can connect it.
4. Click Connect.

Disconnect bank accounts from payments:

1. Go to Accounts.
2. Click the down arrow next to Edit and select Disconnect from online payments.
3. When the warning prompt appears, select Disconnect.

Edit accounts

You can edit basic details of a bank account at any time. Once transactions have been recorded in an account, the account type should not be changed since this can cause account balancing inaccuracies.

1. Go to Accounts.
2. Click Edit.
3. Make your changes.
4. Click Update Bank Account.

Delete accounts

1. Go to Accounts.
2. Click the down arrow next to Edit and select Delete.
3. When the warning prompt appears, check the confirmation box and select Delete.

Export transactions

Once you have recorded transactions on your bank accounts, you can export transactions from a single bank account. You can also export transactions specific to a single matter or contact from the matter or contact’s Transactions subtab.

Transfer funds between accounts

Each contact and matter in Clio have a Transactions subtab where you can record transactions and transfer funds between a contact and any of the contact’s matters or from one bank account to another.