Finalising a trust transaction in LawApp locks the entry to ensure audit integrity and maintain compliance with legal trust accounting requirements. Once finalised, trust records are designed to be tamper-proof and traceable.
What if I made a mistake on a trust trust transaction?
- If funds have not yet left the office
For example, if you’ve drawn an EFT but not yet processed it, and realise there’s an error — you may be able to press Cancel (available in some Australian states). - If funds have already left the bank or office
In cases where a cheque has been issued or an EFT has been processed, you cannot cancel the transaction. Instead, you must reverse it:- Create a reversing (negative) transaction on the date you became aware of the issue.
- Do not backdate the reversal. LawApp records the processing date automatically to preserve audit accuracy.
This approach ensures your trust account remains compliant while allowing you to address errors in a traceable, transparent way.
