Trust Account Basics

Transfers within trust (e.g., from one file to another) are done using Trust Journal Entries: Go to the source file’s...

Only unfinalised receipts/payments can be edited. If finalised, the entry must be reversed and re-entered. Reversed items remain in the...

Yes you can add multiple lines designated to different files to a trust payment. Simply add new lines for each...

Trust transactions are locked once finalised to ensure audit integrity and legal compliance. If a correction is needed, this guide explains when you can cancel versus when a reversal is required — and how to do it properly without compromising your trust records.

A quick-reference guide outlining the key details required to process a compliant trust payment in accordance with Australian legal trust accounting regulations, including authorisation, matter linkage, and payment metho