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What is the Difference Between Disbursing and Transferring Funds?

Objective:

  • Find out if there's a difference between disbursements and transfers

Environment:

  • Clio Manage

Additional Information:

  • n/a

Answer:

Disbursing means showing that money came out of your account (typically back to the client or someone else), but not into any particular account in Clio.

Whereas transferring refers to transferring between accounts or clients and their matters. 

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