Reconcile Trust Account

If you want to balance your trust account when you receive invoice payments, make sure the "Balance" and "Pending Balance" fields match during the reconciliation process.

1. Go to Accounting → Registers

2. Choose the Trust Account to be updated/ balanced 

3. View the “Register” portion of the page, which displays the itemized list of transactions and invoices making up the account balance

4. To reconcile Invoices, check the box in the “C” (cleared) column. As these boxes are checked, the “Balance” field above the register will update to reflect the reconciliation. 

5. Click the “Add” button to add the deposit amount. This will open the “Trust Account Entry” page. 

6. In the “Entry Method” dropdown, select “Deposit”

7. Enter a memo for this entry

8. Enter the deposit amount in the “Deposit” field

9. Enter the transaction Date

10. The entry type will be “Transfer to operating account”