Trust Accounts

Before anyone can record a trust transaction, the firm’s trust accounts need to exist in Laminar. This is a one-time setup under Settings > Trust Accounts, usually five minutes per account.

Adding an Account

Click Add Trust Account and enter the banking details: account name, institution name, and the institution, transit, and account numbers (the standard Canadian banking triple).

Two optional touches make the account easier to live with:

Documents: attach the void cheque, PAD form, or banking agreement. When someone needs the account details verified two years from now, they’re on the record instead of in a drawer.

Account image: upload the bank’s logo. It appears wherever the account shows in compact views, which makes picking the right account at a glance easier when you run more than one.

The Default Account

Mark one account as Default and it’s preselected whenever someone creates a trust transaction. If your firm runs one main trust account and a handful of special-purpose ones, set the main one as default and misfiled transactions mostly stop happening.

Retiring an Account

Trust accounts are never deleted; they’re deprecated. A deprecated account can’t be selected for new transactions, but every historical transaction keeps its link, which is exactly what your books and your regulator expect. If the account comes back into service, Restore it.