Trust Accounting
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      2. Unity® Accounting
      3. Trust Accounting

      How to Reverse a Trust Receipt

       Steps:

      1. Click on Clients & Matters.
      2. Select the client for which a trust receipt is posted.
      3. Click on Trust tab.
      4. Select a receipt you want to reverse.
      5. Right click > Reverse > Yes.
      6. Enter a date of reversal.
      7. Enter a reason for reversal.
      8. Click on Reverse.

      Tips:

      • Make sure the date of reversal is in the same month.
      • There should not be any cheques or payments posted in trust after that receipt was posted as this will lead to an account overdraft.
      • To reverse a receipt where payments are posted in trust after that receipt, reverse the payments and then reverse the receipt.