The term "Matter Operating Balance" refers to the available funds or balance that is specifically associated with a particular legal matter or case. When we say "Use Matter Operating Balance", it means utilizing the funds that are available within the balance of a specific matter. On the other hand, applying a balance involves using a certain amount of available funds to cover various expenses, invoices, or liabilities that might not be specific to a particular matter.
![Maninder Kaur avatar](https://static.intercomassets.com/avatars/4193960/square_128/Screen_Shot_2020-06-03_at_8.34.20_AM-1591198518.png)
Written by Maninder Kaur
Updated over a week ago