How Do Payment Plans Apply Received Funds

Objective:

  • How do Payment Plans Apply Received Funds To Trust Request
  • Can Payment Plans Apply Received Funds To Matters

Environment:

  • Clio Manger

Additional Information:

n/a

Procedure:

Payment Plans can be used to receive Trust Funds and Pay off Bills. This article will break down how Payment Plans interact with each type.

Trust Funds/Trust Requests

  •  When you set up a Payment Plan for Trust it WILL NOT apply it to a Trust Request. In this case, you will not need to create one.
  • The Trust Funds will go into the Client. If you would like it to be moved to the Matter you will need to manually transfer the Funds.

Bills

  • Payment Plans will pay off Bills with the soonest Due Date, even if they are indifferent Matters.
  • If two invoices have the same due date, the payment will be applied to the invoice that was created first. 
  • You cannot designate certain Bills or Matters to be paid off first. This is a feature request; if you would like to add your vote you can contact our support line, or chat us in the Clio App. 
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