Software Reference

Overview of Trust Accounting

Table of Contents  > Invoicing and Accounting > Trust Accounting > Overview of Trust Accounting

Trust accounts are used by law firms to keep a separate tally on customer dollars. In general, states have strict accounting rules that require attorneys to deposit unbilled/unearned client funds in trust accounts. have functionality that allows you to track deposits to and payments from a trust account. does not offer legal advice pertaining to the legal requirements for trust accounts, nor does guarantee that the functionality contained within complies with your particular state's regulations.

The first step to using trust accounting is turning on the "Allow Trust Account Entries" feature in the Settings->General Screen:
Trust Account Setting

Once you select the option "Allow Trust Account Entries" and save it, you'll be able to enter Trust Account deposits in the Time & Sale Screen, as shown in the screenshot below:
Trust Account Deposit

You can enter a payment for any invoices that you send to your clients by using the balance in their trust account. As long as you have the "Allow Trust Account Entries" turned on, the Enter Payment screen will have a trust account balance for the selected client, as well as a Trust Account payment type option.
Trust Account Payment or Withdrawal

You will also have access to a report type called the Trust Register that documents the flow of money into and out of the trust account for a particular client.
Trust Account Register