The General Transactions section provides access to all tools used to record and manage financial activity in the firm’s general (operating) bank account. These workflows support accurate bookkeeping, expense tracking, revenue recording, and compliance with standard accounting practices.
General Transactions ensure that all deposits, withdrawals, and adjustments made in the operating account are:
Below is an overview of all features included in this section, with links to their detailed documentation.
Record funds received into the firm’s general operating account. Used for invoice payments, reimbursements, general retainers (if allowed), and miscellaneous income. Supports bank selection, payment type, client allocation, invoice application, and audit trail tracking. 👉 See full wiki: General Receipt
Record cheque payments made from the firm’s general operating account. Used for vendor payments, court fees, client refunds (non‑trust), and firm expenses. Captures cheque number, payee details, expense allocation, and ledger updates. 👉 See full wiki: General Cheque
Create manual accounting adjustments in the general ledger. Used for corrections, reclassifications, accruals, write‑downs, and year‑end adjustments. Supports debit/credit lines, account selection, descriptions, and full audit trail tracking. 👉 See full wiki: Journal Entry
The General Transactions section serves as the operational center for:
This ensures that all general‑account workflows are accessible, organized, and compliant with accounting standards.
General accounting rules require:
Each transaction must record:
All general‑account activity must appear in:
General Transactions integrates with:
This creates a unified and accurate general‑accounting ecosystem.
The General Transactions section brings together all essential tools for managing financial activity in the firm’s general operating account. With features for general receipts, general cheques, and journal entries, this area provides a complete operational hub for accurate bookkeeping, expense tracking, and financial compliance across the firm.