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- There is money deposited into my account that I have not yet processed
- This is the most common type of adjustment and usually occurs because of the trust accounting regulation that states that trust receipts cannot be backdated
- The date is the date the money was physically received by the firm (in the case of direct deposits, this is the date the funds appear on the bank statement)
- The description is what the funds are for. E.g. professional fees
- The Txn Ref is the receipt number for the transaction, when it has been processed.
- The matter ref is the matter number the funds relate to2There is an error on my bank statement that the BANK will put BACK INTO my account
- There is an error on my bank statement that the BANK will TAKE OUT of my account
- There is money taken out of my account that the FIRM will PUT BACK
- A cheque was presented for LESS than our records
- A cheque was presented for MOER MORE than our records
- Money deposited was MORE than the receipt we wrote – Firm will receipt
- Money deposited was for LESS than the receipt we wrote – Firm will deposit more
- Deposit for General was put into trust – bank will correct
- Deposit for General was put into trust – we will receipt and process correction
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