To undo a trust payment, you will need to be in QuickBooks Online. Read on to learn more about how to undo a trust payment.
1. Login to your firm's account on QuickBooks Online
Make sure that you have access to the firm's account on QuickBooks Online so that you can undo the trust payment.
2. Go to Chart of Accounts:
Once you are in QuickBooks Online, go to Settings ⚙, then select Chart of Accounts:
3. Go to IOLTA
Go to the IOLTA Account and click View Register:
4. Select the Payee Account
Select the Payee Account from which you will undo the trust payment:
5. Click Delete
Click the Delete button to undo the trust payment:
The deleted payment will also be reflected in LeanLaw. And that is it, you are all done.
"Undo a trust payment."
To undo a trust payment, you will need to go to QuickBooks Online to delete the payment. Please follow these steps in the article to complete this.