Within Accounting you will be able to keep track of all Payments, Invoices, Balance Adjustments (debits/credits) and Unbilled Activity. Within Trust Accounting you will be able to keep track of your Trust Retainers, Disbursements, and Transfers. This way, when you need to make a disbursement from the trust account to pay someone who is NOT from your company, it will not affect the company’s balance.
Why is there a separate tab for Accounting and Trust Accounting?
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