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Knowledge BaseCreating a Trust Bank Deposit
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Creating a Trust Bank Deposit

  • 11/06/2025
  • Knowledge

How To
 

Trust Bank Deposits must be created after entering a trust receipt if it has a payment type of either cash or cheque. Learn how to create and manage Trust Bank Deposits in LEAP. 

  • Desktop
  • Web

Create a New Trust Bank Deposit

 

  1. Click the LEAP Menu > Accounting > under Trust Accounting > New Bank Deposit.

  2. The default Bank Account is used. If you want to use a different account, click User-added image and select one from the list, then click Select.

  3. Enter a Memo.

  4. Enter a Deposit No. if you are not using automatic sequential numbering.

  5. Enter or select a Transaction Date if it's different from the current date.

  6. The Entry Date is always today's date and cannot be changed.

 
Click to edit heading

Click on the column headers to sort the transactions by Checkbox, Transaction Date, Entry Date, Receipt Number, Payment Type and Amount.

  1. Tick the checkboxes next to the transactions listed in the table which are to be included in the day's banking.

    Tick the arrow next to the checkbox at the top of the first column and choose Select All to include all the listed transactions on the bank deposit.

    User-added image

  2. (Optional) Click User-added image on the toolbar to print the bank deposit once it's been saved.

  3. Click Save & Close.

 
 

All bank deposits should be completed before attempting to reconcile your accounts and all receipts should be banked on the day they were received. Print more than one copy of the deposit so that two copies can be taken to the bank. The bank will stamp your copy for you.

Reverse a Trust Bank Deposit

 
 
 

Reversing a trust bank deposit will reverse the banking status of all the attached receipts, however, it will not reverse the actual receipts. To reverse the receipts, click here and go to the Reverse a Trust Receipt section.

  1. Click the LEAP Menu > Accounting > under General > Search Transactions.

  2. Search for the bank deposit by entering the bank deposit number in the Search field or find the specific bank deposit under Trust Transactions > Trust Bank Deposits.

  3. Open the bank deposit.

  4. Click User-added image on the toolbar.

  5. Edit the Memo, if required.

  6. (Optional) Click User-added image on the toolbar to print the reversal once it's been saved.

  7. Click Save & Close.

Create a New Trust Bank Deposit

 

  1. Click  > Accounting > under Trust > New Bank Deposit.

    The Trust Bank Deposit window will open.

  2. The default Bank Account is used.

    If you want to use a different account, select one from the drop-down list.

  3. Enter a Memo.

  4. Enter a Deposit Number if you are not using automatic sequential numbering.

  5. By default, Transaction Date will be today's date.

    Click to select a different date, if required.

  6. The Entry Date is always today's date and cannot be changed.

  7. Tick the checkboxes next to the transactions listed in the table which are to be included in the day's banking.

    Tick the checkbox at the top of the first column to include all the listed transactions on the bank deposit.

  8. Click Save.

 
Click to edit heading

All bank deposits should be completed before attempting to reconcile your accounts and all receipts should be banked on the day they were received. Print more than one copy of the deposit so that two copies can be taken to the bank. The bank will stamp your copy for you.

Reverse a Trust Bank Deposit

 
 
Click to edit heading

Reversing a trust bank deposit will reverse the banking status of all the attached receipts, however, it will not reverse the actual receipts. To reverse the receipts, click here and go to the Reverse a Trust Receipt section.

  1. Click  > Accounting > under General > Search Transactions.

    The Search Transactions window will open.

  2. Search for the bank deposit by entering the bank deposit number in the Search field or find the specific bank deposit under Trust Transactions > Trust Bank Deposits from Transaction Types.

  3. Find and open the trust bank deposit.

  4. Click Reverse.

  5. Edit the Memo, if required.

  6. Click Save.

Last Modified Date
11/06/2025 5:08 pm
Title
Creating a Trust Bank Deposit
URL Name
Creating-a-Trust-Bank-Deposit-NZ

Resolution
Trust Accounting
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Creating a Trust Bank Deposit