When do I want to use the General Project Trust account and the a trust account for a specific Project?

When adding funds into the Trust you have the option to place them either in the General Project Trust or in a specific Project under your client. It's easier to put the funds under the General Project Trust if funds do not specifically need to be separated per Project so when you pull funds to deduct from Invoices the funds can go towards any Projects invoices.

If you have multiple Projects under a client and the client gives a certain amount for Project A and a certain amount for Project B, that is when you would want to place the funds in the Projects directly instead of the General Project Trust.

Either way, when you receive payments to pull from Trust you can apply the funds from either the General Project Trust or the individual Trusts at any point.


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