Inside LawAccounting's Automated Trust-to-Operating Transfer Engine: How Firms Move Earned Fees Out of IOLTA Without a Single Manual Journal Entry
The trust-to-operating transfer is the single most error-prone routine in law firm accounting: transfer before the invoice is issued and you have taken unearned fees; transfer the wrong amount and you have created a shortfall; forget entirely and your operating cash starves while client money piles up. Here is how LawAccounting automates the entire sequence — invoice, authorization, transfer, dual-ledger posting, and reconciliation — as one linked event.