A trust deficit should be impossible,
not discovered.
Praxia refuses any transaction that would take a matter's trust balance below zero — at the moment of capture, not at the year-end audit. Written for the Legal Practice Act, not adapted to it.
Book a walkthroughTrust accounting is where
firms get hurt.
South African firms carry obligations no generic practice tool understands — and the incumbents are expensive, dated, and built for a different era.
Trust and business ledgers that don't reconcile — the fastest route to a qualified audit.
Qualified auditSection 86(4) interest calculated by hand, or not at all.
Or not at allFee narratives and tariffs rebuilt from scratch on every matter.
Hours lostClient data pooled with other firms on someone else's shared database.
POPIA riskLegacy systems priced for large firms, sold on long lock-ins.
Per seatOne ledger underneath everything.
Trust, business accounting and billing are not three systems that talk to each other. They are one double-entry ledger, so a fee raised is a fee posted.
Section 86 trust accounting
Receipts, payments, transfers to business, s86(4) investments and interest — each matter ring-fenced.
General ledger & VAT
Chart of accounts, cashbook, trial balance, income statement, balance sheet, VAT201 and period locking.
Invoices & debtors
Bill unbilled fees and disbursements, settle from trust or direct, with 0/30/60/90 ageing.
Clients, matters & FICA
Matter files with FICA status, responsible fee earner, work in progress and trust position at a glance.
Precedents & documents
A versioned document store per matter, and precedents that fill themselves from the matter's own data.
Court tariffs
Magistrates' and High Court scales, calculated from the applicable tariff and posted straight to the matter.
Rules the software will not let you break.
Most systems record what you did and let the auditor find the problem. Praxia enforces the rule at the point of entry, so the problem never enters the books.
No matter may go into trust deficit. A payment or transfer that would take a matter below zero is refused, not recorded.
RefusedTrust cash always equals trust liabilities. Bank plus s86(4) investments must equal what is held for clients plus Fidelity Fund interest. Every posting is checked against it.
ReconcilesEvery posting balances. Double entry, in integer cents. No floating-point rounding anywhere near a trust account.
Double entryThe audit trail cannot be edited. Every financial action is chained to the one before it, so an altered record breaks the chain and shows exactly where.
Tamper-evidentClosed periods stay closed. Once a month is locked, nothing can be posted into it.
Period lockOn our servers, or on yours.
Trust data is the most sensitive data a firm holds. You choose where it lives — and no firm's data is ever pooled with another's.
Praxia Cloud
We run it. PostgreSQL, one database per firm — never a shared table with another practice in it.
Your server
SQL Server on your own infrastructure, behind your own firewall. The full system, none of it offsite.
Off the incumbents
Bring your matters, balances and history across from GhostPractice or AJS without starting over.
See it against your own books.
A walkthrough with your matters, your tariffs and your trust position — not a canned demo.
Book a walkthrough