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CounselOS

Guide

Trust accounting software for Australian law firms

Trust money rules vary by state and territory. Software should help your team record receipts and payments, authorise movements, reconcile to the bank, and produce reports — without replacing your professional obligations. CounselOS builds trust accounting into the same system as matters and billing.

General information only — not legal, accounting, migration, or compliance advice. CounselOS does not guarantee regulatory outcomes. Your firm remains responsible for professional obligations.

Updated

Core capabilities to compare

Use this framework when shortlisting platforms — whether you are on FilePro, LawMaster, LEAP, or a cloud incumbent.

  • Immutable or audit-friendly transaction log
  • Authorisation queue for payments
  • Three-way reconciliation (ledger, matters, bank)
  • State-specific rule support via configuration
  • Migration validation when switching platforms

How CounselOS approaches trust

Trust accounting lives in the same system as matters and billing. Entries are append-only; corrections are new lines. State rules are applied from configuration — CounselOS does not guarantee regulatory outcomes.

This article is general information for Australian legal practices — not legal, accounting, or compliance advice. Your firm remains responsible for professional obligations in your jurisdiction.

Common questions

What is trust accounting software?

It records client money held in trust, supports payment authorisations, reconciles to the bank, and helps firms meet state or territory obligations. Software supports your process — it does not replace professional or regulatory judgment.

Can trust accounting be a standalone module?

CounselOS is integrated practice management. Firms needing trust alongside matters benefit from one ledger tied to matter records.

How does trust accounting relate to matter management?

Linking trust movements to matters reduces reconciliation errors and gives principals one view of file stage and client-money position. CounselOS keeps both on the same matter record.

See how CounselOS fits your firm

Bring an anonymised export or your checklist — we will walk through migration, trust, or governed AI on your matter types.