Create a Deposit Slip

You can use the deposit slip feature for reconciliation and record-keeping purposes.

Law firms use this feature:

  • When creating a deposit slip to take to the bank.
  • When batching payment transactions or trust deposit transactions to ensure the total deposit amount displayed on the reconciliation screen matches the deposit amount displayed on the bank statement.
Important

You cannot print CosmoLex deposit slips on bank specific forms.

Create a Deposit Slip

To create a deposit slip:

  1. From the left navigation panel, click Accounting.
  2. Atop the Accounting gray left navigation, click Bank.
  3. On the Bank screen, double-click the bank, or single-click it to highlight it, and then from the toolbar, click Details.
  4. From the Banks left navigation, click Deposit Slips.
  5. From the toolbar atop the Deposit Slips screen, click Add.
  6. On the Add Deposit Slips screen, from the Deposit Date field’s drop-down, click the deposit date.
  7. In the Ref # field, enter a reference number if desired.
  8. Under the Options section, click the radio button to combine the applicable payment types: Combine Check/Wire/ACH Payments, Combine Check Payments Only, or Combine Integrated Payments (Batch).
  9. Select the deposits you want to combine.
    Beneath and to the far right of the details window, the Total Amount field updates with each payment you select.
  10. In the lower right corner, click Save.
    The system saves your deposit slip. When you reconcile your account, your deposit amount will match your deposit slip total.
  11. Single-click your deposit slip to highlight it.
  12. From the toolbar, click Action > Print Deposit Slip, if desired.
    The system downloads the deposit slip in PDF Format to your designated location. 

Important to Know

  • For credit card batching, only those transactions processed through our payment processing integrations will display.
  • Credit card transactions do not have to have the same date, as in some situations a charge entered today may not be processed until the next business day.
  • The deposit slip will not correct trust retainers received via LawPay or CosmoLexPay with differing dates.
  • Voids display in this list as sometimes they occur days after the original transaction.
Updated on March 17, 2022

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