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SPECIFICTION
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LIV Trust Accounting

ta.liv.asn.au

From A$77/mo WebWindowsmacOS
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Spec score 7.5 #14 of 24 in Legal Accounting Software

Spec sheet

Purpose
LIV Trust Accounting Online is an online trust recording system for law practices to record trust accounting transactions.Read 8 Oct 2026 · ta.liv.asn.au
Compliance
The maker says the software complies with current legislation in the user's jurisdiction.Read 8 Oct 2026 · ta.liv.asn.au
Headquarters
Melbourne, Victoria, AustraliaRead 28 Sep 2026 · ta.liv.asn.au
Founded
1859Read 28 Sep 2026 · ta.liv.asn.au
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.Read 8 Oct 2026 · ta.liv.asn.au
Bank reconciliation
The software includes a bank reconciliation feature.Read 8 Oct 2026 · ta.liv.asn.au
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.Read 8 Oct 2026 · ta.liv.asn.au
Demonstrations
The site provides demonstration videos for trust accounting tasks including matters, receipts, payments, transfers, bank reconciliation and monthly reporting.Read 8 Oct 2026 · ta.liv.asn.au
External examiner access
The site says an External Examiner can have read-only access to the practice's records.Read 8 Oct 2026 · ta.liv.asn.au
Installation
The software requires no installation and is accessed through a system browser.Read 8 Oct 2026 · ta.liv.asn.au
Security and backups
The maker describes the service as providing secure website access and daily data backups.Read 8 Oct 2026 · ta.liv.asn.au
Support and updates
The service includes free Help Desk access, an online manual and automatic free system updates.Read 8 Oct 2026 · ta.liv.asn.au
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.Read 8 Oct 2026 · ta.liv.asn.au
Transaction tools
It provides access to reports and client contact details, and management of receipts, payments and transfers.Read 8 Oct 2026 · ta.liv.asn.au
User limit
A law practice can have up to 20 users, with read-and-record or read-only access.Read 8 Oct 2026 · tademo.liv.asn.au

Plans and prices

LIV member subscription A$77 a month $77 per month (incl GST) Up to 20 users per law practice Read 8 Oct 2026 · ta.liv.asn.au
Non-member or interstate association subscription A$93.50 a month $93.50 (incl GST) Up to 20 users per law practice Read 8 Oct 2026 · ta.liv.asn.au
Practice setup A$385, paid once $385 (incl GST) 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

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