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How Do I Reverse a Disbursement?

Objective:

  • Reverse a disbursement made to the Trust Account
  • Return a disbursement
  • Refund a disbursement

Environment:

  • Clio Manage

Additional Information:

  • Certain jurisdictions require a full accounting of Trust Transactions, including entries made in error. This workflow would be used to reverse a disbursement made out of the Trust Account, when you're unable to simply delete the disbursement due to regulations.

    Also:

Procedure:

  1. Go to the Transactions Tab of the Matter
  2. Select the Trust Account ledger
  3. Click New transaction
  4. Add a transaction equal to the amount of the disbursement
    • Make sure to use the same date as the disbursement
    • Make sure to leave plenty of notes as to why this transaction is being reversed
  5. After entering all the details, click Record transaction

 

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