Withholding funds lets you hold back a specified amount from an owner's ledger balance — including fee payments if needed — with the option to set an automatic release date. Withholding can be applied at any time, including during disbursement processing.
How to Withhold Funds on an Owner Ledger
Select Client/Trust Accounts from the menu and navigate to Owner Ledger Balance.
Use Search Ledgers to find the ledger by name and click Go, or locate it manually.
Select the ledger to open it.
Click Withheld Amount to begin.
Setting a Withhold Amount
Enter the amount in the Withhold Amount field.
To also withhold fee payments, tick Withhold fee payments.
Enter a date in the Withhold Until field to set an automatic release date — leave it blank to withhold indefinitely.
Enter a reason for internal record-keeping. This reason will not appear on the owner statement.
Click Save to confirm.
Managing Multiple Withhold Amounts
Open the Withheld Amount section to view all current withholdings.
Click Edit to modify an existing amount.
Click Archive to remove a specific withholding.
Click Add New to add another withholding.
Click Delete All to clear all withholdings at once.
Click Close to return to the Client/Trust Account Ledgers.
Note: Withholding funds can be applied at any time, including during disbursement processing, giving you full control over your Client/Trust Account finances.
For Asia-Pacific customers, the term "Trust Account" is used. European customers refer to this as "Client Account". Client/Trust Accounting is not available to customers in North America. For more information on regional terminology, see our Glossary of Regional Terminology.