In the Trust Accounting and Distribution sections, click on the Reports button in the top-right corner. You can select the following options from the list below to create your files.
The Holdings Report will generate a list of all Holdings in a Trust Bank Account.
You can select the accounting period you'd like to reflect. Once you choose the trust account you're preparing the report for, you are able to select/deselect specific holdings. Finally, choose whether to generate the file as an Excel sheet or PDF.
The Transactions Report will generate a list of all transactions in a given Trust Account.
You can select the accounting period you'd like to reflect. Then, choose the trust account you're preparing the report for. The report will automatically generate as a PDF.
Statement of Accounts
This is a formal accounting report, appropriate to use in court in certain jurisdictions. However, you can customize/simplify the report to your needs. It features:
- Reconciliation report
- Original asset list with corresponding capital receipts and disbursements
- Lists of all capital receipts, capital disbursements, revenue receipts, and revenue disbursements
- List of all unrealized original asset items
- Investment Transactions
- Trustee Investments on Hand
- Outstanding liabilities
- Compensation (if included)
Begin by selecting the items you'd like to have appear on the report. By default, we will generate all sections. However, if you wanted to have just a Compensation Report, for example, you could deselect all other fields.
You can configure the reporting period, alongside whether transaction notes and non-original assets should be factored in.
Finally, you have the option to set a discount on the compensation.
Distributions Made To-Date
This report simply lists all distributions logged to date, ordered by beneficiary.
It will generate automatically as a PDF.
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