Funds are used to categorize all transactions within Neos across all cases. New funds can be created from the Accounting Tab > Funds view.
NOTE: You must have Enabled and Add permissions to Accounting > Funds Tab to create funds.
Firms that have the LawPay integration configured in Neos can further categorize transactions using an account from LawPay.
To add a fund:
On the Accounting Tab > Funds view, click the + New Fund button.
An Add New Fund tab will display. Each type-in field allows up to 500 characters.
Firms without a LawPay account will see the following view.
Fund Name - Enter a unique name for the new fund. This field is required.
Description – Enter a description. This field is optional.
Firms WITH a LawPay account will see the following view.
Fund Name - Enter a unique name for the new fund. This field is required.
Description – Enter a description. This field is optional.
LawPay Account – Select the account that should be associated with transactions in the fund. The dropdown displays accounts that are synced directly with your LawPay integrated account. This field is no longer required, which allows you to create manual funds.
NOTE: Only one account can be selected for each Fund, however this can be changed, if needed.
3. Click the Save button to add the fund. All funds will display on the Funds tab, Categorized view in alphabetical order.