2017

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KCS - Can I Transfer Funds from my Operating Account to Trust Account without a Client or Matter?

Objective:

  • Transfer funds between bank accounts
  • Move money between Operating Account to Trust Account

Environment:

  • Clio Web App

Additional Information:

The Transfer Funds button within the Accounts ledger requires a Client to be associated to the Transaction. 

Answer:

You're able to transfer funds between Accounts that is not associated to a Client by recording two separate transactions for the withdrawal and deposit. 

To record the withdrawal from the Operating Account please follow:

1. Navigate to the Accounts tab

2. Click on the Operating Account

3. Click on New Transaction on the upper right

4. Enter the details of the transfer for the withdrawal side ensuring that that within the Amount field a negative amount is added (e.g. -100

5. Click to Record Transaction

 

To record the deposit to the Trust Account please follow:

1. Navigate to the Accounts tab

2. Click on the Trust Account

3. Click on New Transaction on the upper right 

4. Enter in the details of the deposit being entered for the transfer appropriately (you can copy and paste the same details from the withdrawal transaction)

5. Click to Record Transaction

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