You can ring-fence/earmark client monies by following the steps below:
From the Matter Ledger Card in ALCM, click the Undertaking tab.
Click Add.
Enter details of ring-fenced/earmarked money in the Description.
Tick the Financial check box.
Enter the amount to ring-fence/earmark, then tick the Ring Fenced check box.
Click Save.
Client account money for the matter will still be able to be used, if higher than the ring-fenced/earmarked value, however, a posting restriction of using the value of the ring-fenced/earmarked amount will now be in place if an attempt to clear the client account balance down, under the ring-fenced/earmarked amount.
Once the money is to be made available you can re-enter the Financial Undertaking and add a date to discharge, by following the steps below:
Enter the Undertaking screen, from the Ledger Card screen, as above.
Un-Tick the Financial check box.
Un-Tick the Ring Fenced check box.
Tick the Date Discharged check box, and select the date.
Click Save.