Transferring Funds Between Matter Trust Accounts

Transferring funds between matter trust accounts can easily be done from the Trust and Retainer Ledger. The Trust and Retainer Ledger is the only location in Centerbase where matter to matter transfers can be initiated.

This feature is useful for moving funds between a client's matter trust accounts, or correcting trust deposits that were mistakenly entered into the wrong matter account. Once a trust transfer is saved, both matters will show the transfer under the trust transactions tab.

To learn how to create matter to matter trust transfers, watch the video and follow our step-by-step guide below.

Trust Transfer Guide

Step 1: Navigate to the trust ledger and select Transfer.

Step 2: Select the Transfer From (Matter).

Step 3: Choose the Transfer From (Trust Account).

Step 4: Select the Transfer To (Matter). Remember, you can transfer funds between matters with the same client, or transfer funds between matters with different clients.

Step 5: Confirm the Transfer To (Trust Account).

Step 6: Enter the Transfer Date.

Step 7: Enter the Transfer Amount.

Step 8: Add any Transfer Notes. Remember, these notes are client-facing and will appear on the next invoice.

Step 9: Click on the blue Transfer option to save your transaction.

For more information about trust account management in Centerbase, check out this support article.