After completing the Closing Disclosure Forms (CDF), the entire closing is automatically balanced, and client ledger is automatically prepared. After completing the CDF, simply launch the ledger from the Ledger item from the Navigation Pane. The Ledger module extracts information from CDF and provides a fully balanced client ledger sheet.

Each CDF ledger is designed in such a way that once the data is retrieved, you can make changes to any transaction in the ledger without affecting your CDF(for example change name of the payee, memo or enter check numbers). If at any time, you want to discard the ledger changes made and retrieve data again from the original forms, simply click on "Re-Import Ledger".

NOTE: If you made changes in the CDF you must "Re-Import Ledger" to bring in the new information. All changes made in the ledger will be discarded and information from the CDF will be re-imported. CDF is designed in such a way that each relevant line provides a separate payee/payor, memo and amount information to ledger. Once data is extracted the following calculations are automatically made in the ledger as displayed in the screen below.

A summary of the ledger showing:

• Number of Deposits & Total amount
• Number of Payments & Total
• Difference = 0.00 indicating that it is a balanced ledger.

CDF Ledger provides full flexibility to add/change transactions after data is initially extracted from the CDF. Any changes made to the ledger will not affect any information on the CDF. At all times, the total number of deposits and disbursements along with total amounts and difference are always displayed in the top panel. The following changes can be made to the ledger data:

• Add Transaction: New Deposits/Checks can be entered. New items can be marked as wired and check numbers can be manually assigned, or checks can be printed from the ledger.
• Combine: Select 2 or more checks and click on Combine. Simply enter the payee name and the ledger will combine these selected transactions into one item.
• Split Check: Select a check to be split and click on Split Check. Adjust the amount of the first check and add a new transaction(s) for the remaining amount(s).
• Edit: Double click on any transaction to change any information.
• Wire: Double click on any transaction and mark it as wire, if needed. Wire disbursements cannot be printed.
• Print Check: Select the check items to be printed and click on Print Check. You will have an option to enter the starting check number and select the check format (Check/Stub/Stub or Check/Check/Check).

A ledger summary statement can be viewed by clicking on Ledger Statement.

Checks in the ledger can be exported to LEAP simply by clicking on .

Once this is done, navigate back to LEAP and you will notice the transactions are in LEAP as Trust Payments waiting for further actions.