Brief Description
This report shows trust account entries in columns of firm debit/credit and client debit/credit.
Use Cases
This report can be used to differentiate between those entries that were made by the firm, and those made by the client.
Finding the Report
- In Actionstep, go to Reports > Trust / Client Acct Reports > General.
Then, refer to these articles for help generating and saving reports for future use:
Available Filters
- Period: Choose the timeframe for the report. You can click the drop-down and choose some pre-defined periods, or select Custom period and enter your own date range. Review and / or enter your dates in the accompanying date fields.
- Matter: Choose the matter you want included in the report. (Select Show closed matters to include those matters that are already closed.)
- Include firm withdrawals & purchases: Toggle this option to on to include any firm withdrawal, supplier invoices, or other purchases in the report.
Report Output
This report includes a table with the following columns:
- Date: Shows the entered date and transaction date.
- References: Shows reference numbers relating to payments and receipts and whether it's a firm withdrawal or supplier invoice.
- Account Name / Memo / Reason: Shows the general ledger account / details of transaction / reason for transaction
- R:
- Firm GST/TAX/VAT: Shows the GST/tax/VAT amount on any firm transactions.
- Firm Debit: Shows the amount of any supplier invoices (not paid), firm withdrawals, and bills raised.
- Firm Credit: Shows the amount of supplier invoices paid and bills paid.
- Firm Balance: Shows the running balance of firm transactions.
- Client Debit: Shows the amount paid from trust / client account.
- Client Credit: Shows the amount received into trust / client account.
- Client Balance: Shows the running balance for the trust / client account to show current trust balance at report end date.
Updated