How to record a New Retainer?

An advanced client payment, retainer, or deposits to the Trust account should be entered as a New Trust/Retainer Payment. You can also create a retainer with a credit card via APX.

To record a New Retainer:

Select the Accounting icon from the navigation bar to access the Accounting module.
Click + on the tab bar to display a menu.
Select New Trust/Retainer Payment to display the New Retainer modal.
Complete all fields are marked with a purple bar indicating that they are mandatory.
- Enter or select a PAYER TYPE.
- Enter or select who the new retainer is FROM.
- Enter or search for a MATTER.
- Enter or select a TO ACCOUNT. You can put this new retainer in any of your Bank Accounts.
  (Difference between Operating and Trust Retainers)
- Enter the AMOUNT.
- Enter or select a PAYMENT METHOD.
- Enter a NOTE regarding the new retainer.
Select CREATE RETAINER to record the new retainer or CREATE AND PRINT to create the new retainer and print the record.
After you have invoiced your work for the Matter, you can apply the retainer to the client invoice(s).

This option is also available in the Quick Add menu.