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On the recordRead 8 Oct 202615 facts
LIV Trust Accounting
Melbourne, Victoria, Australia
Plans and prices
LIV member subscription
A$77a month
Up to 20 users per law practice
Read 8 Oct 2026 · ta.liv.asn.au
Non-member or interstate association subscription
A$93.50a month
Up to 20 users per law practice
Read 8 Oct 2026 · ta.liv.asn.au
Practice setup
A$385one-time
Set-up and training · account access for up to 20 users · up to two hours of training for two users · software manual
Read 8 Oct 2026 · ta.liv.asn.au
On the record
- Bank reconciliation
- The software includes a bank reconciliation feature.ta.liv.asn.au · read 8 Oct 2026
- Cancellation and retention
- The maker lists a once-off cancellation fee of $550 (incl GST) and says data is stored for seven years after cancellation, accessible but not changeable.ta.liv.asn.au · read 8 Oct 2026
- Compliance
- The maker says the software complies with current legislation in the user's jurisdiction.ta.liv.asn.au · read 8 Oct 2026
- Demonstrations
- The site provides demonstration videos for trust accounting tasks including matters, receipts, payments, transfers, bank reconciliation and monthly reporting.ta.liv.asn.au · read 8 Oct 2026
- External examiner access
- The site says an External Examiner can have read-only access to the practice's records.ta.liv.asn.au · read 8 Oct 2026
- Installation
- The software requires no installation and is accessed through a system browser.ta.liv.asn.au · read 8 Oct 2026
- Maker
- The Law Institute of Victoria says it is the state's peak body for lawyers and people working with them in the legal sector.ta.liv.asn.au · read 8 Oct 2026
- Purpose
- LIV Trust Accounting Online is an online trust recording system for law practices to record trust accounting transactions.ta.liv.asn.au · read 8 Oct 2026
- Security and backups
- The maker describes the service as providing secure website access and daily data backups.ta.liv.asn.au · read 8 Oct 2026
- Support and updates
- The service includes free Help Desk access, an online manual and automatic free system updates.ta.liv.asn.au · read 8 Oct 2026
- Supported computers
- The maker says the cloud-based software works on Mac and PC and can be used in any browser; Chrome is recommended for optimal performance.ta.liv.asn.au · read 8 Oct 2026
- Transaction tools
- It provides access to reports and client contact details, and management of receipts, payments and transfers.ta.liv.asn.au · read 8 Oct 2026
- User limit
- A law practice can have up to 20 users, with read-and-record or read-only access.tademo.liv.asn.au · read 8 Oct 2026