Trust / Client Matter Accounts Ledger Report

Modified on Fri, 27 Feb at 3:28 PM

In this article:

Brief Description

This report shows trust account entries in columns of firm debit/credit and client debit/credit.

This report can be used to differentiate between those entries that were made by the firm, and those made by the client.

Then, refer to these articles for help generating and saving reports for future use:

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.

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.