Opening Balance Trust matter

January 30, 2017 no comments

Opening Balance Trust matter

0
rsmith356

I see the Q & A 12/2017 for entering an opening balance for a Trust matter.  My question is: in the Type field would I select Adjustment In ?  I don’t want the balance carry over to appear as a Deposit.  Thanks

Renee

Esther Peralta answered
    1
    Esther Peralta

    Hi Renee,

    Thank you for your question. Yes, Adjustment-In as Type, and Internal Operation as Method would provide you with the right transaction. You can write a short description in the Memo as well for more clarity.

    For additional questions, please contact support@cosmolex .com or 732-595-9015.

    Thank you!

    -Esther

    Esther Peralta answered
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