Do I need to maintain a register of receipt forms?

The Legal Profession Regulation 2007 (LPR) does not require a law practice to maintain a register of trust account receipt forms.

It is recommended, however, that a register of receipt forms be kept to record the serial numbers of all trust account receipt forms supplied to the law practice by the law practice's printer and issued to office staff for normal daily requirements.

Trust account receipt forms not issued to office staff should be kept in a secure location.

A sample register of receipt forms can be accessed from:

http://www.qls.com.au/content/lwp/wcm/connect/QLS/For+the+Profession/Trust+Accounting/Trust+Accounting+FAQs#faq8