In this article, you will learn how to record trust receipts within Actionstep.
To receipt funds into the trust account, click on the 'Global Create Button' , click on 'Show all...' and then select 'Receive Funds' from under 'Trust Accounting'.
Alternatively, you can hover over 'Trust' on the 'Global Navigation Bar', and then select 'Receive Funds' from under 'Receipts'.
Processing the Receipt
You'll firstly need to select a matter, and a trust account. If you haven't already opened a trust account for the specified matter, please see this article. You can also open up the trust account for this matter from this page by selecting the '+Create New' option, as shown below.
Once you have selected/opened a trust account, you can proceed to fill in the other fields. Note that you can select a different date for the date banked. Depending on your jurisdiction, the two different dates will be listed side-by-side within trust reports.
For the 'Reason for payment' field, you can create templates if you find yourself frequently using the same reason. These can also be created from within the trust accounting admin page.
When you select a contact record with an address saved against it, the 'Received from address' field will automatically be populated with that address, as per the screenshot below.
Lastly, the payment method options will open up new fields depending on your selection. These are for internal purposes and can be used to cross-reference against physical receipts if your auditors request to see them. You can also choose to upload a file against the receipt for the same purpose, as per the screenshot below.
Once you have filled out all of the relevant fields, you can click 'Save' to record the transaction. You will then be taken to the page shown below, from which you can view, print or email the receipt you just created. You can also create another receipt at this stage.