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