The Disbursements ledger shows all disbursements out of the Trust account for all Contacts or Matters. This view shows both cleared and uncleared disbursements. In MONE$Q, all disbursements are in the form of paper checks. The default date range for this view is the last 3 months
Data Tiles
| Trust account balance | Represents the current Trust account balance including all cleared and uncleared transactions |
| Deposits | The sum of all deposits within the specified date range. The default date range is the past 3 months |
| Disbursements | The sum of all disbursements within the specified date range. The default date range is the last 3 months |
| Owed to Operating | This is the amount of all earned fees & advanced client costs that can be paid from the Trust account to the Law Firm Operating account. This amount is the sum of all invoices that have been paid using the “Transfer from Trust” payment method. |
Transaction Data
| Type |
DISB - Checks written from the Trust account OTO - Disbursement transactions for which a check must be written to pay law firm operating account and clear the OTO balance prior to trust reconciliation |
| Date | Transaction date |
| Contact/Matter | Which Contact level or Matter level Trust account was affected |
| Payee | Who the check was written to |
| Status |
Cleared – The disbursement has already been matched against the same transaction in the bank statement Uncleared – The disbursement has not yet been matched against the same transaction in the bank statement Unsettled – An OTO transaction that has already reduced the adjusted trust account balance but for which a check must be written to move the funds into the Operating account Voided – The check number has been voided |
| Print Status | Indicates whether the check has been physically printed |
| Amount | The disbursement (check) amount |
Actions
- Add new disbursement (write a check) by clicking the '+' symbol
- Print checks by clicking on the printer icon in the Disbursements section header
- Use the search box to search for specific disbursement transactions. Searchable fields include Source, Contact/matter and Memos
- Filter view by Status, Contact/Matter & Date range using the filter dropdown menus
- View full disbursement details by clicking on individual disbursement transactions
- See context specific actions by clicking on the ellipsis menu to the right of each transaction
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