Note: This is not allowed in all states but some let you have a few personal funds in trust to cover fees.
To do this:
- Go to Matters > Click Add
In the Add Matter window:
Client*: Type in the Firm Name. If the firm name does not populate, click "Add Client".
Trust Bank: Choose a trust bank
Matter Name: Type in "Personal Buffer"
Matter Owner: Choose a matter owner.
- When ready, click Save.
You will now see your Personal Buffer Matter added on the main matter page:
Next, you will need to enter a trust transaction of a deposit for the personal buffer
- On the Matters Page > on the right-hand side, click "Trust Transaction Deposit"
In the Trust Deposit window:
Date: Put in the date of when the deposit was made
Amount: Type in the personal buffer amount
Type: Choose deposit or Wire/ACH-In
Method: Choose method of payment
Memo: Put in a memo for internal notes
- When done, Click Save
You will then see the amount go into the trust account as shown here: