Trust Withdrawals in Unity PMS represents any funds taken out of a bank account. This record stores any relevant information for the payment as listed below.
- Bank Account the funds were paid out of
- Transaction Date
- Transaction Type - EFT/Cheque
- Payee Name and Bank Details
- Matter
- Amount
- Description/Withdrawal Note
Creating a Withdrawal
Withdrawal records can be manually created in two ways: via the Withdrawal list page (A) or from the related list under the Bank Account (B).
A. Navigate to Withdrawals via the Console List or App Launcher. Click New to create a withdrawal.
B. From the bank account page, Click New on the Withdrawal related list.
This option pre-fills the bank account field when creating withdrawals.
Enter the relevant details of the payment and click Save to create the Withdrawal record. Available and Protected Funds for the Matter are shown in this page for the user's reference.
Users can also view the receipt from the withdrawal object list or in the bank account.
Reversing Withdrawal
The Reverse Withdrawal button can be used to nullify a withdrawal record as needed. A reason for reversal is required to proceed.
Original Withdrawal (Now Cancelled)
Reversal
Reversals can be easily identified with the -X suffix at the end of the receipt number. The reversal's transaction date is automatically set to the date the original record was reversed.