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 trust funds. You can create two types of accounts in Clio—operating and trust funds accounts. Trust 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 trust funds account. All non-trust 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. Click Create bank account.

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.