When you onboard your Trust Account and notice a difference in the Reconciliation Summary, the system automatically creates a contact called Unspecified Funds to hold the total discrepancy. As you identify the correct amounts for each contact or matter, you can then reallocate the Trust funds from the Unspecified Funds contact to their appropriate destinations.

To transfer trust money from the Unspecified Funds contact to another contact, follow these steps:

1) Within the Unspecified Contact, click "New", and then click "Payment".

2) Click Transfer Funds.

3) Select the Source Account you are transferring from (which will be your Trust account), and then in the Transfer To section click the dropdown and select the correct contact, matter, and trust account you are transferring to.

4) Enter the Date of the transfer, the Amount you are transferring, and then click Transfer.

Note: The Date field is especially important for these transfers, as it determines when the transfer will impact the client's trust balance. In most cases, these transactions occurred before your PantherAccounting Plus onboarding date. Recording them now, using your onboarding date helps ensure client trust balances are accurate as of this date and are correct moving forward on reconciliation reports.

You will now see two payments. The Unspecified Funds contact you transferred from will reflect funds being transferred out, and the contact/matter you transferred to will reflect funds being transferred in.