How can i maintain a lawyers client account on sage - or do i maintain this manually, while just doing there business accounts on sage.
SIMI JOHAL
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lawyers clients' accounts
If there is only one "general" client account then you just open another bank account for it in Sage.
If there are numerous client accounts ( as the Law Society requires for house sales and purchases) then you can either do it manually outwith Sage or reconfiger the Sage chart of accounts so that a section of the Nominal codes are given over to the designated client bank accounts.
I have done this with some success for one Solicitor client of mine.
I used the codes 5000 to 5999 for Client bank accounts so that 5000 became say "Mr & Mrs Smith".
The only thing you have to watch is when running the Sage year-end, any balances on the Client accounts should be parked on the Balance Sheet and then journalled back to their correct codes after the year-end has been run.
I hope that this helps.