No. 19 of 41 ·Trust Accounting Software

LIV Trust Accounting

Name: LIV Trust Accounting
Price: 77 AUD

Web · Windows · Mac · paid plans from A$77/mo

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Freedom report

Two barsScore 5.1

Free tierNo free tier on record
Open codeNo open-source code on record
Runs widely3 of 6 device platforms
DocumentedPlans, terms and facts published

LIV Trust Accounting is ranked #19 of 41 in trust accounting software on Freedom251. It runs on macOS, Web, Windows. There is no free plan. Paid plans start at A$77/mo.

LIV Trust Accounting plans and pricing

All plans

LIV member subscription A$77/mo $77 per month (incl GST) Up to 20 users per law practice ta.liv.asn.au · 8 Oct 2026

Non-member or interstate association subscription A$93.50/mo $93.50 (incl GST) Up to 20 users per law practice ta.liv.asn.au · 8 Oct 2026

Practice setup A$385 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 ta.liv.asn.au · 8 Oct 2026

Compared on trust accounting software

Free plan: No
Trust accounting: Yes
Client ledgers: Yes
Compliance reporting: Yes
Platform: web

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The record

Purpose: LIV Trust Accounting Online is an online trust recording system for law practices to record trust accounting transactions.
Bank reconciliation: The software includes a bank reconciliation feature.
Transaction tools: It provides access to reports and client contact details, and management of receipts, payments and transfers.
Compliance: The maker says the software complies with current legislation in the user's jurisdiction.
Security and backups: The maker describes the service as providing secure website access and daily data backups.
External examiner access: The site says an External Examiner can have read-only access to the practice's records.
User limit: A law practice can have up to 20 users, with read-and-record or read-only access.
Support and updates: The service includes free Help Desk access, an online manual and automatic free system updates.
Installation: The software requires no installation and is accessed through a system browser.
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.
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.
Demonstrations: The site provides demonstration videos for trust accounting tasks including matters, receipts, payments, transfers, bank reconciliation and monthly reporting.
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.
Founded: 1859
Price from: A$77/mo

Where it ranks on Freedom251

Best Trust Accounting Software in 2026#19 of 41
Best Legal Trust Accounting Software in 2026#18 of 40
Best Legal Accounting Software in 2026#16 of 24

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Sources

ta.liv.asn.au/About.aspx/1000· checked 8 Oct 2026
ta.liv.asn.au· checked 8 Oct 2026
tademo.liv.asn.au· checked 8 Oct 2026
ta.liv.asn.au/Demo.aspx· checked 8 Oct 2026