Managing Statutory Deposits

Smokeball has made it easy to deal with Statutory Deposits. Simply follow the steps below:

Create the matter in Smokeball

1. Create a General (or Conveyancing General) matter in Smokeball for Statutory Deposits
2. Enter the client as the authority to whom you pay the Statutory Deposit funds (Law Society/LIV etc)
3. Set the matter number as 999999
4. Override the Description to read Statutory Deposit
5. Save & Close out the matter

Identify the matter as a Statutory Deposit in Smokeball Billing

1. Open Smokeball Billing Settings > Accounts
2. Enter 999999 in the Statutory Deposit Matter box and select the matter you just created
   • (If it doesn't appear, close settings and go back and ensure you closed the matter in Smokeball, then come back and try again)
   • If you are using Smokeball Start, create the statutory deposit matter from the Matter section. Since the matter numbers are auto-generated, the matter number will not be 999999.
3. Select Save.

Enter Transactions

9. Locate the matter and enter any payments or deposits as usual

Additional tips

• The Statutory Deposit matter balance will show in the Totals section of your Trial Balance report
• Any payment or receipt on this matter will appear in the list of reconciled payments or receipts the same as any other matter
• To get a report of all payments or receipts to your Statutory Deposit, you can select the PRINT button from the transactions Tab in the matter.
•