When payments need to be made on behalf of a client to a vendor, a direct disbursement from trust can be issued. This eliminates the need of transferring funds from your trust account to your operating account in order to pay the vendor.
A disbursement from trust can easily be made in Centerbase by creating a check or creating a disbursement from the trust ledger.
Watch the video and follow the step-by-step guide to learn how to disburse funds from a matter trust account.
Creating a Disbursement with a Check:
Step 1: Click on the New Menu and select 'Check'.
Step 3: Select Trust or Retainer as the check type.
Step 4: Search for the appropriate matter.
Step 6: Select the correct matter trust or retainer account.
Step 7: Review the Trust Balance.
Note: Centerbase will not allow you to overdraw a matter trust balance or the firm trust account balance.
Step 8: Search through clients and vendors in the 'Pay to the Order Of' field.
Step 9: Enter the disbursement date.
Step 10: Enter the disbursement amount.
Step 11: Review or edit the remit to address.
Step 13: Review or edit the check memo line.
Step 15: Choose to either print check later, or print check now.
Step 18: When finished, press save, or choose on of the other save options.
Creating a Electronic Disbursement
Step 1: Click the Trust Account tab on the Navigation Bar. Then, select Trust Ledger.
Step 2: Select the Disburse button.
Step 3: Search and select the matter name.
Step 4: Choose the appropriate trust account.
Step 5: Enter the disbursement date.
Step 6: Enter the disbursement amount.
Step 7: Enter the disbursement type.
Step 8: Enter the pay to information.
Step 9: Add any client facing notes. The notes field is optional.
Step 10: When finished, click the blue Disburse Funds button.
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