As you progress along your Wise Owl journey, you may encounter new terms and words that may be different to what you expect.
This guide will assist you in understanding these terms.
General Terminology
Disbursements - Outlays
Documents
Hidden Attachments - Attachments that are in an email text but have been converted during the email process. This could be things like a Facebook logo or signature text.
Trust
Received On Date - when the funds were actually received by the law firm. e.g. when cash/cheque put into the hands of the staff or the date a transfer appears on the bank statement.
Receipt Date - Date the receipt is written. For Queensland Trust Accounts, this date cannot be backdated due to legislation.