Trust Account Reports
The Trust Account reports give you the ability to monitor and manage all your clients' trust monies and payments in/out on behalf of your client. At any stage, you can extract a Trust Balances report, a Trust Deposits and Payments report and a Cheque Requisitions report.
Info: The Client Account can be accessed on any matter via the Financial tab:
Viewing and Exporting Trust Balances Report
The Trust Balances report provides an overview of your Client Account balances. This report can be viewed based on trust balances for the whole firm or can be filtered by Client/Company, Matter Owner, Category, and Matter Status in a specific date range. You can then print this report directly from Thread as needed.
1. Click the Reports icon in the bottom left pane of Thread.
2. The Management Reports tab will show by default. Select the Financial Reports tab.
3. Click on the Trust Balances Report.
4. A pop-up menu will appear. By default, Thread will report on All Companies and All Contacts. If you wish to view only a specific company or contact, you can type the company/contacts name directly in the spaces shown below.
5. Select View Report.
6. This will show you the Trust Balances report preview.
Negative balances will show with brackets, e.g. (150.00), while Positive Balances will show without brackets, e.g. 550.00. 7. Click on the Filter
icon, to set your preferred From and To date range, Matter Category, Matter Owner and Matter Status (i.e. Open, Closed, Pending Closed, Archived).
8. Select View Report in the bottom right corner.
9. Click on the Print Preview icon to preview, or the Printer icon to print.
10. You can apply a search term, if required.
11. Any search term applied will be highlighted in the report for your convenience.
12. You can also export this report in PDF, Excel or HTML format, according to your preference.
13. The Trust Balances Report will automatically generate, with your selected filters in your preferred format.
Viewing and Exporting Trust Deposits and Payments Report
The Trust Deposits and Payments report provides an overview of monies in (deposits) and out (payments) on behalf of your client. This report can be filtered by deposit or payment, category and client. You can also print this report directly from Thread.
1. Click the Reports icon in the bottom left pane of Thread.
2. The Management Reports tab will show by default. Select the Financial Reports tab
3. Click on the Trust Deposits and Payments Report.
4. A pop-up menu will appear. By default, Thread will report on All Companies and All Contacts. If you wish to view only a specific company or contact, you can type the company/contacts name directly in the spaces shown below.
5. Select View Report.
6. This will show you the Trust Deposits and Payments report preview.
7. Click on the Filter
icon, to set your preferred From and To date range, Balance Type (i.e. Deposit, Payment, Both), and Category.
8. Select View Report in the bottom right corner.
9. Click on the Print Preview icon to preview, or the Printer icon to print.
10. You can apply a search term, if required.
11. Any search term applied will be highlighted in the report for your convenience.
12. You can also export this report in PDF, Excel or HTML format, according to your preference.
13. The Trust Deposits and Payments Report will automatically generate, with your selected filters in your preferred format.
Viewing and Exporting Cheque Requisitions Report
Keep track of all cheque requisitions made on behalf of your client to a third party (e.g. a conveyancer). The Cheque Requisitions report reflects all requisitions made on behalf of the client, within a specific date range. This report can be filtered by matter owner, matter status, or category. You can also print the report directly from Thread.
1. Click the Reports icon in the bottom left pane of Thread.
2. The Management Reports tab will show by default. Select the Financial Reports tab.
3. Click on the Cheque Requisitions Report.
4. This will show you the Cheque Requisitions report preview.
5. Click on the Filter
icon, to set your preferred From and To date range, Matter Owner, Category and Matter Status (i.e. Open, Closed, Pending Closed, Archived).
6. Select View Report in the bottom right corner.
7. Click on the Print Preview icon to preview, or the Printer icon to print.
8. You can apply a search term, if required.
9. Any search term applied will be highlighted in the report for your convenience.
10. You can also export this report in PDF, Excel or HTML format, according to your preference.
11. The Cheque Requisitions Report will automatically generate, with your selected filters in your preferred format.
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