Law Society Compliance Docs

The Trust Listing report lists the matter's trust balances and includes the matter's last trust activity date.

This report shows you a history of activity in a particular trust account during a given time period.

This report is the "˜deposits half' of the trust journal and shows you a history of deposits into a chosen trust bank during a given time period.

This report is the "˜withdrawal half' of the Trust Journal and shows you a history of withdrawals from the chosen trust account during a given time period.

The client's trust ledger lists deposits and withdrawals to and from the specified trust bank for your selected date range. The report groups all transactions based on their associated matters.

You can transfer trust funds from one matter to another. There may be a few reasons for this:

1. A client provides one deposit from which you want to move to additional matters of theirs, as needed.
2. Funds change from one bank account to another.
3. You are handling both sides of the matter (e.g. Real Estate transaction) in which money must move from one client's ledger to another.

The general journal report lists deposits and withdrawals to and from the specified general (operating) bank during your selected date range. It also indicates the matters to which an invoice payment applies and withdrawals posted as matter expenses.

The General Receipts Journal report lists deposits to the specified general (operating) bank during your selected date range. It also indicates the applicable matter if a deposit is a payment on an invoice.

The general disbursements journal report lists withdrawals from the specified general (operating) bank during your selected date range. It also states the applicable matter if a withdrawal is posted as a matter of expense.

The client's general journal report lists all client cost advances, cost recoveries, fees, and payments received during the specified date range and groups them by matter.

The Reconciliation Report shows details of individual bank statements reconciled in the system, the name of the user who reconciled the statement, and the date of reconciliation. Most notably it shows a listing of cleared and uncleared transactions. It also provides a listing of all the bank errors entered in the month and cumulative bank errors.

This report is a three-way check for your trust account reconciliation. This compares your bank balance, and book balance (program entries) as the individual client trust ledgers. This report is especially handy in case of a trust account audit.