The following is for LeanLaw accounts that have been connected to QuickBooks Online in the Firm Setup / Administration. This needs to happen before attempting to setup Trust Balances in LeanLaw.
Integrating a Trust Liability Account within LeanLaw
Step One: Make sure LeanLaw has the appropriate Client and Matter setup.
- Ensure the Client and Matter is established in LeanLaw. To ensure that the client and matter have been imported into LeanLaw, go to the Matters tab. If the client/matter isn’t present, click the Import from Quickbooks tool and follow the prompts.
- Set Up Trust in Leanlaw: In the Matters page, click on the matter you intend to set up. Once in the matter, go to the QuickBooks tab. Select Setup Trust Accounting in the lower left corner.
- Map the LeanLaw client/matter to the QuickBooks Trust Liability. To setup a LeanLaw trust integration with QuickBooks, the trust needs to be connected not only to a client but also a specific matter. If Pick Existing Account is selected for the client and Create Account is selected for the matter, LeanLaw will map to the client and then create a matter for the deposited funds as a sub-account to the client. LeanLaw Mapping LeanLaw clients to the Trust management in QuickBooks Trust Management before LeanLaw Mapping. (Client only)After LeanLaw Mapped client and added the matter to the trust management. Client /matter now connected to LeanLaw.
- To report the matter’s trust balance within LeanLaw, work in QuickBooks, modify transactions within the specific matter. LeanLaw will keep the total liability account in sync, keeping in mind that the transactions migrate from the matter level. In the example below, I am editing the register, moving a $5000 deposit from the client “Trust Mapping Client” to the Matter “Example of Mapping Trust.”