How to Pay a Bill with Trust Funds

Objective:

• Apply a Payment to a Bill from Trust Funds
• Reduce Trust balance
• Record Payment from Trust
• Pay Bill from Trust
• Bill Payment from retainer
• Transferring funds from retainer account
• How to Make a Payment from Trust
• Transfer Trust Funds to the Operating Account for Work Completed and Billed
• Record a payment from an Escrow account
• Do the funds get transferred in my real-life bank accounts automatically?

Environment:

• Clio Manage

Additional Information:

Please note that a Bill must be generated and approved prior to following the steps below.

Trust fund amounts recorded as payment on bills will automatically move to your Operating account.

Will Recording a Payment From Trust Move the Money in my Real-Life Bank Account?

Procedure:

1. Open the Bill 
2. Select Record Payment 
3. Change the Source to Trust (Matter) or Trust (Client)
4. Enter the amount you would like to pay in the Payment field 
5. Select Record Payment 

OR

1. Open the Bill 
2. Click More Actions
3. Click Apply Trust
4. Select the Destination account
5. Click Apply Trust