Trust Account Management software – designed for Accountants’ Trust Account to manage and control Clients’ money.
- Gain full control over your trust account: know the ownership, status and purpose of each dollar in your Trust Account.
- Automate fee from refund process, reduce processing time to 2 minutes, regardless how many deposits you receive. Immediately know if bank details changed since Client issued authority.
- Produce all necessary forms and reports to control the flow and status of each dollar, as well as money that has not yet arrived.
- Synchronise your Clients database through a CSV import and update feature, to keep your details up to date without entering details twice.
- Automate Client notifications. Keep Clients in the loop and show them that their money is in right hands. Give them a heads-up about incoming refund, be the messenger of good news.
- Facilitate audit and ensure compliance, while reducing cost of it.
- Control electronic transfers and cheques.
Trust Account management software is a simple tool that will allow you to manage and automate processing of your ATO deposits, your fees and payments to Clients. You can also process other transactions, such as payments to the ATO or other third parties. You can hold monies for your future invoices.
Each transaction made in your trust account will have a full description and logical trail, so your audits and reconciliations will become a breeze.
This software is partnered with PAYG Creator software.
Below is a list of all pages in this category:
- Trust Account – first use
- Trust Account management software – features