About Bank Transaction Confirmation

The Bank Transactions function allows you to perform actions for, or view information related to the following features:

Trust Receipt
General Receipt
Trust Disbursement
General Disbursement
Bank Error

About Trust Receipt

The Trust Receipt provides an itemized list of all Trust Payments and Trust Transfers for a specified date range.

Trust Transfer

For Trust Transfer transactions, there is a double entry for the dollar amount in the Trust Receipt Report.




Trust Transfers “from Client A trust account” is displayed as a negative dollar amount, and the same amount“ transferred into Client B trust account” is displayed as a positive dollar amount.

Trust Payments

Trust Payments that are not a result of a Trust Transfer are also displayed as positive dollar amount.

The Trust Receipt contains detailed information such as:

▪ Payment date, source of funds (client name), purpose of funds, funds amount, payment method, deposit made, bank transaction completed, and trust receipt details.

Confirm a Deposit

With Trust Receipt, for each of the listed transaction, you are able to confirm whether the funds have been deposited into the bank account and that the transaction is reflected in the bank account.

To do so, use the Actions menu > Pending button > complete the required fields within the “Confirm Deposit” pop-up screen.

Who can Use Trust Receipt

Anyone who has access to Danalix platform is able to use the Trust Receipt.

How to View Trust Receipt

Go to:

Bank Transactions sidebar menu > Bank Transaction Confirmation > Trust Receipt tab > on the Trust Receipt screen, select the “date range” for which the report is to be generated > the screen will refresh with a list of trust receipts within the specified date range.

How to View or Modify Individual Trust Receipt Deposit & Bank Transaction Status

Go to:

Bank Transaction sidebar menu > Bank Transaction Confirmation > trust receipt > on the trust receipt screen, select the “date range” for the list of trust receipt to be generated > the screen will refresh with the trust receipt items for the specified date range > locate the individual trust receipt > click on the Transaction Confirmed button.

Sorting Trust Receipt Information

You are able to sort the listed trust receipts by date, client name, matter, source of funds, purpose of funds, amount, and payment method.

To do so, mouse over each column heading and an arrow will appear. Use the arrow to sort in ascending or descending order.




#About General Receipt

The General Receipt provides a list of general invoice receipts relating to activities that have been billed, PAID, and for a specified date range.

Who can Use General Receipt

Anyone who has access to Danalix platform is able to use the General Receipt.

How to View General Receipt

Go to:

Bank Transactions sidebar menu > Bank Transactions Confirmation > General Receipt tab > on the General Receipt screen, select the “date range” for which the report is to be generated > the screen will refresh with general receipt items within the specified date range.

The general receipt contains detailed information such as:

▪ Payment date, client name, matter, invoice #, payment method, document number, amount, source of funds (payer), deposit status, and bank transaction completion status.

Confirm General Receipt Deposit

If the deposit made is not confirmed, the status of the payment is displayed as “Pending” and Bank Transaction Completion (bank account deposit confirmation) is displayed as “No.”

To confirm the deposit, go to:

Bank Transactions sidebar menu > Bank Transactions Confirmation > General Receipt tab > on the General Receipt screen, locate the Actions menu > Pending button > on the pop-up Confirm Deposit screen, check that the funds have been deposited into the bank account and that the transaction is reflected in the bank account > save.

Once you confirm the deposit, the payment status is changed to “Transaction Confirmed” and Bank Transaction Completion is displayed as: “Yes.”

How to View or Modify Individual General Receipt Deposit & Bank Transaction Status

Go to:

Bank Transaction sidebar menu > Bank Transaction Confirmation > General Receipt > on the General Receipt screen, select the “date range” for the list of general receipt to be generated > the screen will refresh with the general receipt items for the specified date range > locate the individual general receipt > click on the Transaction Confirmed button > the Confirm deposit screen will display where you can make changes > save.

About Trust Disbursement

Trust disbursements are client invoices with payments made to your firm (legal business), by your client, from a client trust account, and for a specified date range.

At this time, you are not limited to the number of months of data you are able to view for the itemized list of disbursements.

However, if you have a large number of disbursements listed, to make the screen’s information easy to navigate, you can sort by:

Payment date, client, matter, invoice number, payment method, payee, payment purpose, payment amount, withdrawal status, and bank transaction status.

The trust disbursement contains detailed information such as:

Payment date, client, matter, invoice number, payment method, payee, payment purpose, payment amount, withdrawal status, and bank transaction status.

Who can Use Trust Disbursement

Anyone who has access to Danalix platform is able to use the Trust Disbursement.

How to View Trust Disbursement

Go to:

Bank Transaction sidebar menu > Bank Transaction Confirmation > Trust Disbursement > on the Trust Disbursement screen, select the “date range” for the list of trust disbursement to be generated > the screen will refresh with the trust disbursement items for the specified date range.

How to View Details of Individual Trust Disbursement

Go to:

Bank Transaction sidebar menu > Bank Transaction Confirmation > Trust Disbursement > on the Trust Disbursement screen, select the “date range” for the list of trust disbursement to be generated > the screen will refresh with the trust disbursement items for the specified date range > locate the individual trust disbursement > click on the Details button.

Confirm a Trust Disbursement Withdrawal

If the withdrawal is not confirmed, the status of the withdrawal is displayed as “Pending” and Bank Transaction Completion (bank account withdrawal confirmation) is displayed as “No.”

To confirm the withdrawal, go to:

Bank Transactions sidebar menu > Bank Transactions Confirmation > Trust Disbursement tab > on the Trust Disbursement screen, under the Actions menu > Pending button > on the pop-up Confirm Withdrawal screen, check that the bank payment instruments/instructions have been issued and that the transaction is reflected in the bank account > save.

Once you confirm the withdrawal, the payment status is changed to “Transaction Confirmed” and Bank Transaction Completion is displayed as: “Yes.”

How to View or Modify Individual Trust Disbursement Withdrawal & Bank Transaction Status

Go to:

Bank Transaction sidebar menu > Bank Transaction Confirmation > Trust Disbursement > on the Trust Disbursement screen, select the “date range” for the list of trust disbursement to be generated > the screen will refresh with the trust disbursement items for the specified date range > locate the individual trust disbursement > click on the Transaction Confirmed button > the Confirm Withdrawal screen will display where you can make changes > save.

About General Disbursement

General disbursement provides a list of:

Payments you have made to a third party for general expenses related to operating your business

General invoice payment made to you from a client’s general account for services rendered

This information can be viewed within a specified date range and you are not limited to the number of months of data you are able to view for the itemized list of general disbursements.

Who can Use General Disbursement

Anyone who has access to Danalix platform is able to use the General Disbursement.

How to View General Disbursement

Go to:

Bank Transaction sidebar menu > Bank Transaction Confirmation > General Disbursement > on the General Disbursement screen, select the “date range” for which the general disbursement information is to be generated > the screen will refresh with general disbursement items for the specified date range.

How to View Details of Individual General Disbursement

Go to:

Bank Transaction sidebar menu > Bank Transaction Confirmation > General Disbursement > on the General Disbursement screen, select the “date range” for the list of general disbursement to be generated > the screen will refresh with the general disbursement items for the specified date range > locate the individual general disbursement > click on the Details button.

Confirm a General Disbursement Withdrawal

If the withdrawal is not confirmed, the status of the withdrawal is displayed as “Pending” and Bank Transaction Completion (bank account withdrawal confirmation) is displayed as “No.”

To confirm the withdrawal, go to:

Bank Transactions sidebar menu > Bank Transactions Confirmation > General Disbursement tab > on the General Disbursement screen, locate the Actions menu > Pending button > on the pop-up Confirm Withdrawal screen, check that the bank payment instruments/instructions have been issued and that the transaction is reflected in the bank account > save.

Once you confirm the withdrawal, the payment status is changed to “Transaction Confirmed” and Bank Transaction Completion is displayed as: “Yes.”

How to View or Modify Individual General Disbursement Withdrawal & Bank Transaction Status

Go to:

Bank Transaction sidebar menu > Bank Transaction Confirmation > General Disbursement > on the General Disbursement screen, select the “date range” for the list of general disbursement to be generated > the screen will refresh with the general disbursement items for the specified date range > locate the individual general disbursement > click on the Transaction Confirmed button > the Confirm Withdrawal screen will display where you can make changes > save.

About Bank Error

Bank error provides a list of bank errors made against any account such as: the client trust account, client general account, or your general operating account. These errors can be reflected as credit or debit adjustments to the account.

It is not a report that automatically generates bank error data – you are required to manually enter bank error information you have encountered. This information is transformed into a historical list of bank error reporting.

Who can Use Bank Error

Anyone who has access to Danalix platform is able to use the Bank Error feature.

How to Add Bank Error Information

Go to:

Bank Transaction sidebar menu > Bank Transaction Confirmation > Bank Error tab > Add Bank Error button> on the “Add Bank Error” screen, complete the required fields > Save.

How to View Bank Error Information

Go to:

Bank Transaction sidebar menu > Bank Transaction Confirmation > Bank Error tab > on the Bank Error screen, select the “date range” for which the summary information is to be generated > the screen will refresh with the bank error items within the specified date range.

How to Edit Bank Error Information

Go to:

Bank Transaction sidebar menu > Bank Transaction Confirmation > Bank Error tab > on the bank error screen, locate the actions menu > update.

How to Delete Bank Error Information

To delete bank error information, go to:

Bank Transaction sidebar menu > Bank Transaction Confirmation > Bank Error tab > on the bank error summary screen > actions menu > delete.

Updated on: 29/08/2023