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CommunityCan one matter have more than one trust account attached to it?

Can one matter have more than one trust account attached to it?

  • Hi @Connie L. Perkins (Customer)​ ​, 

     

    Thank you for posting on LEAP Community Discussions.

     

    Your firm may set up multiple trust accounts in the firm's LEAP Application Settings > Accounting > Bank Accounts > Trust. Then from the Matter, in the Matter Details window, in the Accounting tab, you may set the default Trust account for the Matter. While this will set your preferred trust account as the default account for receiving and issuing payments, you are not precluded from choosing another account when issuing a check or receiving a payment. Simply choose the alternate bank account when writing or receiving the payment.

     

    Further, if the firm has set up an interest-bearing account specifically for the Matter, then it can be used at the Matter level, by going to the Trust funds tab on the Matter, and then choosing the Interest-Bearing Accounts section on the left. For more information, please visit https://community.leap.us/s/article/Setting-up-a-new-Separate-Interest-Bearing-Account

     

    If you have any other questions, please do not hesitate to reach the Helpdesk by clicking the orange Support button in the lower right-hand corner of any window in the LEAP Community.

     

    We hope you find this helpful!

     

    Kind regards, 

    Devang

     

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  • Hi @Connie L. Perkins (Customer)​ ​, 

     

    Thank you for posting on LEAP Community Discussions.

     

    Your firm may set up multiple trust accounts in the firm's LEAP Application Settings > Accounting > Bank Accounts > Trust. Then from the Matter, in the Matter Details window, in the Accounting tab, you may set the default Trust account for the Matter. While this will set your preferred trust account as the default account for receiving and issuing payments, you are not precluded from choosing another account when issuing a check or receiving a payment. Simply choose the alternate bank account when writing or receiving the payment.

     

    Further, if the firm has set up an interest-bearing account specifically for the Matter, then it can be used at the Matter level, by going to the Trust funds tab on the Matter, and then choosing the Interest-Bearing Accounts section on the left. For more information, please visit https://community.leap.us/s/article/Setting-up-a-new-Separate-Interest-Bearing-Account

     

    If you have any other questions, please do not hesitate to reach the Helpdesk by clicking the orange Support button in the lower right-hand corner of any window in the LEAP Community.

     

    We hope you find this helpful!

     

    Kind regards, 

    Devang

     

    Expand Post
    Selected as Best

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Can one matter have more than one trust account attached to it?