Client To Office Transfer (COT)

This posting type is used when transferring monies from the client bank to credit unbilled disbursements.

Using the posting

When using a COT, you must specify details of the client bank from which the monies are to be transferred and the receiving office bank, together with the disbursements to be credited. For a full list of posting slip fields, refer to the Posting Slip dialog box.

When posted, an entry appears on the Disbursements tab of the Accounts Ledger with a date in the Credited column, the client bank is updated with a debit and the office bank is updated with a credit. A debit also appears on the client side and a credit on the office side shown on the Client Overview tab.

Show me the posting slip: