Trust Account Payments Received Cash Book Report

16/07/2025
Knowledge

How To

Location: LEAP Menu > Reports > Trust > Trust Account Payments Received Cash Book

Purpose: Records trust receipts and trust bank deposits within a specified period for a selected bank account, tracking incoming trust funds to support reconciliation and compliance.

The report is generated to reflect transactions specific to a designated trust bank account and is marked as ‘Interim’ to differentiate it from the ‘Trust Account Payments Received Cash Book’ generated during the End of Month (EOM) procedure.

- The latter can be accessed via LEAP Menu > Reports > Trust > Trust End of Month > View Previous Trust EOM. It represents the finalized account activity for that period, particularly for compliance purposes.

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Important Notes:

The report organizes results based on the Transaction Date of Trust Payments Received and Trust Bank Deposits. These transactions will only appear in the cashbook if their Transaction Date falls within the specified date range.
If the Transaction Date differs from the Entry Date, both dates will be displayed, with the Entry Date marked by an asterisk (*).
The report also includes reversals of Trust Payments Received and Trust Bank Deposits if the Reversal Date falls within the specified period.

Report Filters:

Date Range	Displays only Trust Payments Received and Trust Bank Deposits that are dated within the specified period, based on the Transaction Date.
Bank Account	Provides a list of Trust Bank Accounts to choose from. The report will display and incorporate transactions for the selected Bank Account only.

Report Fields:

Date	Transaction Date: The Transaction Date of the transaction. Entry Date: The Entry Date of the transaction, displayed underneath marked by an asterisk (*).
Ref No.	The Reference Number of the transaction.
Payment Method	The Payment Type of the transaction.
Received From	The payor or remitter, as indicated in the 'Received From' field in the 'Trust Payments Received' window.
Matter No, Client Name; Matter Description	Displays the following: Matter Number – The relevant matter number. Client Name – The matter's client. Matter Description – The matter description, set in the 'Matter Type' window of the matter.
Reason	The reason for creating: The Trust Payment Received, as indicated in the 'Reason' field in the 'Trust Payments Received' window; OR The Trust Bank Deposit, as indicated in the 'Memo' field in the 'Trust Bank Deposit' window.
Multi Amount	The line amount for a multi-line payment. NOTE: It is used when a Trust Payment Received is apportioned to multiple matters, displaying the specific amount allocated to each respective matter. If the transaction is a Trust Bank Deposit, the full amount is displayed even the bank deposit is not apportioned to multiple matters.
Total Amount	The total amount of the Trust Payments Received or the reversals of Trust Payment Received, based on Trust Payments Received created.
Banked	The amount of funds deposited into the specified bank account. NOTE: For a Trust Payment Received with a Payment Type not requiring banking (e.g., Wire), the amount displayed in this field is the same as that under ‘Total Amt’. This is because the receipt of these payments directly involves the deposit of funds. For a Trust Payment Received that has a Payment Type requiring banking (e.g., Check or Cash), this field is blank. The banked amount will be shown for the associated Trust Bank Deposit.
	NOTE: The above greyed-out fields are not relevant to Trust Bank Deposits. For a Trust Bank Deposit, the report identifies the associated Trust Payment Received in the 'Matter No, Client Name; Matter Description' field.

Last Modified Date

16/07/2025 12:46 am

Title

Trust Account Payments Received Cash Book Report

URL Name

Trust-Account-Payments-Received-Cash-Book-Report-CA

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