Manage your trust accounting in accordance with industry rules
Manage client funds in trust accounts with our legal accounting software. Keep detailed records that separate client funds from your firm’s operating funds.
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Set up separate ledgers for trust and operating accounts
Use Clio’s trust accounting software to create trust and operating accounts as required by legal industry regulators. See all transactions connected to a matter or client, and whether they are trust or operating account transactions.
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Create invoices that comply with regulations
Present line items clearly on your legal invoices and detail funds removed from a trust, along with remaining trust account balances.
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Generate reports required for trust accounting compliance
Run built-in trusting accounting reports. See all accounts and transactions associated with a client via the client ledger report, and generate client statements of account in just 3 clicks.
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Reconcile accounts with ease
Use reports to conduct 3-way reconciliations manually or with the assistance of Clio’s integrations with other accounting software such as Quickbooks, Xero, and Trustbooks.
Do your trust accounting with confidence
Request, apply, and transfer trust funds, while knowing all transactions are properly logged in your trust accounting software.
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Make generating requests and accepting deposits easy
Send trust requests over email or through our secure online portal, Clio Connect. Allow clients the flexibility to deposit into trust accounts via online credit card, all according to legal industry rules.
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Stay on top of your trust account balances
Use evergreen retainer management in Clio’s trust accounting software to set an alert when a trust fund drops below a certain threshold.
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Move funds in and out of trust comfortably
Create automated transaction logs as you issue trust disbursements, apply trust funds to invoices, and transfer trust funds to operating accounts.
Manage and report on all firm financials
We’re more than just trust accounting software. Clio helps you manage your firm’s profitability, compensation, financial health, and more.
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Keep tabs on your firm’s financial health
Stay on top of your law firm’s work in progress, billing history, invoice payments, aging receivables, and more.
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Calculate attorney compensation
Summarize collected amounts by originating attorney to visualize and quantify how much income each lawyer at your firm has brought in.
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Connect your favorite accounting tools
Integrate with popular accounting tools, such as Xero or QuickBooks Online, for full general ledger legal accounting. Avoid duplicate data entry between platforms and simplify reconciliations.
Frequently Asked Questions
What is trust accounting software?
What are the basics of trust accounting compliance?
Will trust accounting software help me meet IOLTA requirements?
How do I keep my trust accounts full of funds?
Does Clio have the specific report required for trust accounting compliance in my jurisdiction?
What information does Clio sync with QuickBooks?
Customer testimonials
Hear what other law firms have to say about Clio’s legal accounting software.
Accounting resources for law firms
More Clio Manage features
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Case Management
Stay organized, and access the information you need—from anywhere, at any time.
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Document Management
Edit, store, and organize your legal documents securely and directly in the cloud.
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Billing
Create custom bill plans based on fee structure and reduce manual data entry. Bill via email or our secure client portal.
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Contact Management
Easily organize contact details, documents, and communication logs from intake to invoice.
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Task Management
Assign and track tasks. Report on task progress, identify roadblocks, and better manage productivity.
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Online Payments
Get paid faster and make it easier for clients to pay by accepting online credit card payments.
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Time & Expense Tracking
Make billing easy and accurate with features like Timekeeper and enhanced expense tracking.
Get started today
See how Clio's trust accounting software can help your law firm get organized and practice more efficiently.