Reversing and Voiding Trust Cheques from Conversion

28/06/2024
Knowledge

How To

The outstanding trust cheques in the firm’s legacy software are brought over as Additions in the Trust Reconciliation screen.

The steps to reverse and void a Trust Cheque brought over from conversion include the following:

Open the matter associated with the cheque.
Click the Trust Funds > Trust Accounts tab.
Click Receive Payment on the toolbar.
In the Reference No. field, you can enter the cheque number and the word “reversal” (for example, “Chq#219 reversal”).

You will now have the trust funds available on the matter against which you can re-issue the trust cheque.

CA Trust Cheque Conversion 1.png

Navigate to Trust Reconciliation screen by going to LEAP Menu > Accounting > Reconcile Account.
The Addition for the trust cheque appears in the Deposit section of the Trust Reconciliation screen.

This entry can be removed via the trashcan icon.
From the Transactions section, tick off the receipt entered via Step 4.

CA Trust Cheque Conversion 2.png

Re-issue the void cheque on the matter in LEAP via the Make Payment button.

This transaction will remain unticked until it has cleared the bank per standard procedure.

For instructions on how to create Trust Payments, please refer to our article here.

Last Modified Date

28/06/2024 3:19 am

Title

Reversing and Voiding Trust Cheques from Conversion

URL Name

Reversing-and-Voiding-Trust-Cheques-from-Conversion-CA

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