Paying PEXA Disbursements from Trust

Modified on Mon, 28 Oct at 1:15 PM

Overview

This guide outlines the process to pay PEXA disbursements from Trust.

1. Create an Incurred (Payment) disbursement with the firm's Trust Account in the Pay To field and PEXA Fee as the Description. The firms Trust Account can be set up as an organisation for future payments, if not already.

2. Add PEXA disbursement onto an Invoice and send to client.

3. Post a Receipt on the Trust Ledger with the Office Account in the Received From field.

4. Post a Payment in the Trust Ledger to pay PEXA fees on behalf of client.

5. When money is received into the Trust Account from the Client, complete a Trust to Office transfer to pay the invoice.