Setting Minimum General Retainer Balance for Matters

20/02/2025
Knowledge

How To

You can now easily track, maintain and replenish your general retainer balances to ensure balance don't fall below a defined amount. Seek replenishments before the funds are completely depleted.

Enter a Minimum General Retainer Balance in Matter Details

Open the matter.
Make sure you're on the Details & Correspondence tab.
Click Matter Details.

The Matter Details window will open.
Click the Accounting tab.
Enter an amount in the Minimum General Retainer Balance field and tick the Show Balance Warning option.
Click OK.

Insufficient Funds Alert for Minimum General Retainer Balance

If you attempt to enter a transaction that is greater than the set minimum General Retainer balance you will receive a pop-up alert indicating the following:

User-added image

Transactions include the following:

Applying Retainer and Credits to Invoices
Bulk Applying Retainer and Credits to Invoices
Refunding Retainer and Credits
Journal Transfers for Retainer and Credits
Reversing Retainer and Credits

When you click Yes to confirm the New Retainer Replenishment window will open, allowing you to maintain the minimum general retainer balance for the matter.

Add Minimum General Retainer Balance Field to Invoices

The minimum general retainer balance field is now available to be added to your invoices.

Open your invoice in Word.
Click the Insert button from the Invoice section within the LEAP Word toolbar.

The Invoice Fields pane will open.
Place your cursor on the document where you would like the insert the field.
Double-click the Minimum Retainer Balance field to insert.
Click Save & Close once done.

Last Modified Date

20/02/2025 4:20 am

Title

Setting Minimum General Retainer Balance for Matters

URL Name

Setting-Minimum-General-Retainer-Balance-for-Matters-CA

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