Trust Account Journals

This section covers the entry of Trust Account Journals.

Record deposits and withdrawals to a nominated trust account.

Choose the trust bank account to be affected by your journal.

If the journal relates to a specific client and/or case, enter details where indicated.

The effective date is the actual date of the transaction, not the date you are entering the journal.

Should your journal be only for inclusion in a bank reconciliation; such as bank fees select “Affecting Bank Rec only” from the category list.

If the journal must affect the trust balance on the Trust Liability, choose the category of “Affecting Trust Liability”; which will also affect a bank reconciliation.

Specify the type of transaction from the select list then enter the related amount where indicated then click “Save” to record.