Effectively Handle Trust Accounts

PerfectLaw handles trust transactions with the same look and feel as general receipts and disbursements transactions.

Trust receipts

• Protects posting of trust transactions only to trust accounts.

Provides for

• Detail description of transactions to facilitate trust reporting
• Batch entry and editing prior to posting to insure accuracy
• Trust expense entry and check printing as in integral part of the system accounting software.
• Transfers of funds between trust matters within a given client without having to write a transfer check.
• Automatic check to insure trust disbursements do not exceed trust matter balance.

Reporting by trust account

• In summary for all matters through a given date for trust detail reconciliation
• Transaction detail for a date range to assist in trust bank reconciliations

Reporting by trust ledger report

• For detail reporting of trust account activity by matter within client.
• Prevents modification of transactions once posted to preserve and protect audit trail