Hold the account with the client or with a solicitor or other third party. Records deposits held as a distinct transaction type. Report completed accounts and convert deposits held to cash received. Print statements of account.
Aged debt reports.
Record disbursements and expenses incurred on an account with input via the Purchase Ledger or direct to the Disbursements Ledger. Report on disbursements vs. budget, disbursements recharged and aged outstanding disbursements. Integrated with the Purchase and Nominal Ledgers. Audit trail of all transactions input to the system or generated by the system.