Client money · Migration agents
Client money software, built for registered migration agents.
Keep a ledger for every client on the file it belongs to, so reconciliation does not depend on a separate spreadsheet.
What goes on the ledger.
Every movement of a client's money is recorded against their matter. The balance a client sees on an invoice is the balance on the ledger.
Deposits
Money received from the client, recorded against their matter
Fees
Amounts moved from the client ledger once you are entitled to them
Disbursements
Payments to the Department, review bodies and agreed third parties
Refunds
Money returned to the client, with the balance left on the ledger
The rules
Written for the Code of Conduct, not a generic accounts package.
The rules that catch solo agents out are specific: what can be paid out of client money, when an invoice and receipt are due, and what a refund has to look like. Our guide walks through theseven rules solo agents get wrong.
Missing records are also behind many sanctions. Seethe admin failures behind OMARA sanctionsand how to run a practice thatkeeps the records the rules ask for.
See the full migration deskClient money software: FAQ
What agents ask about the ledger.
Why does a migration agent need client money software?
Sections 43 to 52 of the Code of Conduct set rules for fees, client accounts, invoices, receipts and refunds, and section 313 of the Migration Act requires a statement of services before you can claim a fee. A ledger kept per client, next to the matter, is easier to reconcile and to produce on request than a spreadsheet.
Does Centrio replace my client account?
No. Your trust account stays with your financial institution. Centrio keeps the record of what was received, spent and owed for each client so the ledger can be reconciled against the bank statement.
Does it make me compliant with the Code of Conduct?
It keeps the records the rules depend on. Your obligations stay yours, and the software does not replace your own judgement about when a fee is earned or a refund is due.
Is client money included on the free plan?
Yes. Client accounting and reconciliation is included on every plan, including the free Solo plan for one agent with up to 10 clients.
Get started
Put one client through the ledger.
Set up your account in minutes and record a deposit, a fee and a refund on a test matter. No credit card to start.