When you take advantage of the billing capabilities in Amicus Online you can also use it to manage trust accounts and meet your trust account obligations. Manage all the trust transactions on each client file. Track incoming and outgoing trust items. You can enter an initial trust account balance, make transfers between a client’s files, or use trust monies towards an outstanding invoice. You also have the flexibility to create as many trust accounts as you need for your practice.
Sometimes retainers go into trust. At other times they are provided as an advance towards future fees and expenses. Amicus Online makes it easy to enter initial retainer balances for each file, record a payment as a retainer deposit and can automatically apply the retainer to pay a bill if you wish.