An advanced client payment, retainer, or deposits to the Trust account should be entered as a New Trust/Retainer Payment. You can also create a retainer with a credit card via APX.
To record a New Retainer:
- Select the Accounting icon from the navigation bar to access the Accounting module, then click + on the green action bar.
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Select New Trust/Retainer Payment to display the New Retainer modal.
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Complete all required fields marked with a purple bar.
- Enter or select a Date, Payer Type, From, Matter, Amount, Payment Method.
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Enter or select a To Account. You can put this new retainer in any of your Bank Accounts.
(Difference between Operating and Trust Retainers) - Enter a Note regarding the new retainer if you wish.
- Select Create Retainer to record the new retainer and return to the Accounting module.
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After you have invoiced your work for the Matter, you can apply the retainer to the client invoice(s).
This option is also available in the Quick Add menu.