The short answer is, reconciliation and trust management is handled in QuickBooks. LeanLaw facilitates this through a series of tools and ledgers inside of LeanLaw. When LeanLaw initially connects with QuickBooks, we map three accounts related to Trust; Operating Bank account, Trust Bank account, and Trust Liability. When a deposit is made using LeanLaw’s Trust management tools, we are only sending accounting instructions to QuickBooks to debit and credit the appropriate QuickBooks accounts.
With LeanLaw, you are not managing Trust in one application and reconciling to a second. LeanLaw merely sends instructions to QuickBooks based on your activity. This results in your balance sheet being always correct, as the both the liability and the assets reside in QuickBooks. Here are a couple videos that will help you understand how we manage this.