How do I perform a monthly trust reconciliation
Monthly trust reconciliations are mandatory in all Australian jurisdictions and must be completed within 15 working days of month-end. Steps...
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Trust Accounting - Other
How to handle trust accounting with Law App
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Can I generate trust statements and audit logs
Absolutely. For audits, file reviews, and transparency with clients, Law App offers: Trust Statement (by File): Complete transaction history with... -
What trust reports are required for compliance
Each jurisdiction has its own requirements, but minimum reports for audit and internal control include: Monthly: Trust Reconciliation Report Trial... -
How does Law App distinguish General Trust from Controlled Money
Law App separates these under trust account setup: General Trust: Pooled account used for multiple clients. Controlled Money: Designated bank... -
How are trust receipts and payments approved in Law App
Law App follows trust compliance protocols for approvals: All receipts and payments are stamped with the user ID and timestamp....
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