How do I receive and process credit card payments to the client trust account?

If you are processing your cc payments through QuickBooks, you need to use a Sales Receipt.

Create an item linked to the Funds Held in Trust Liability account.

I haven't tested this, but think that this should flow properly to your reports.

Try it and post back with your findings, please.

Laura D

Yes, I considered that, but the way this company is set up, there's a sub liability account for each client. So I have no way for the Item to link to the right liability account.  Unless I create an Item for each trust account client?  Your thoughts?

I don't use sub-accounts for the liability accounts.  I use one liability account and attach the client name to each transaction.

Laura D

And it's easy to create a custom transaction report, sorting by name so you don't need sub accounts for the trust liability. 

I agree with not using subaccounts for tracking this. However, you can use a Sales Receipt and an item that links to the parent liability account name. Process the sale. Then double-click the parent liability account to open the register. Make another entry, to reduce the parent liability account and post this to the specific subaccount.

Or, now is a good time to stop using the subaccounts.