Manual journal function to enable me to transfer funds from one contact or contract to another
Manual journal function to enable me to transfer funds from one contact or contract to another
Mel Wood
shared this idea
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Zoe Malinowski
commented
Agree this would be great and very very helpful. At the moment we refund the monies then take them again as it is the most accurate way of keeping track of where the money goes.
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Larena Butler
commented
Yes I agree too - it needs a manual 'transfer' function between clients trust ledgers if money never leaves the trust account. We have multiple blocks of land on the go from the same developer and sometimes we need to transfer un-used marketing from one of his ledgers to the other. Agree too with the deposit from one crashed contract being able to be transferred to another property ledger - an ABSOLUTE NECESSITY in a trust accounting system. Please consider this request. Cheers,
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Anonymous
commented
Agree - Can not see how trust accounting software does not have this feature. Also cannot cancel a cheque that has not been presented. The only way around it is to enter an opossing transaction (deposit) in order to then record the new payment by EFT. This is not accurate as the money never left the account in the first instance, yet we are recording that it went back into the account to counter act a cheque that was never presented?
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Anonymous
commented
This is a necessity in a trust accounting system
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Anonymous
commented
When a deposit is held on one contract and the purchaser terminates but enters into a contract on another property (happens in off the plan sales a bit). We have also had a couple of scenarios where a deposit has been receipted but against the wrong rex ID number. After reconciliation, we can't reverse the transaction. Should be able to rectify using a manual journal entry.