Accounting and Distribution Reports

General information

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.

Accounting

Holdings Report

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.

Transactions Report

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:

1. Reconciliation report
2. Original asset list with corresponding capital receipts and disbursements
3. Lists of all capital receipts, capital disbursements, revenue receipts, and revenue disbursements
4. List of all unrealized original asset items
5. Investment Transactions
6. Trustee Investments on Hand
7. Outstanding liabilities
8. 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

Distributions Made To-Date

This report simply lists all distributions logged to date, ordered by beneficiary.

It will generate automatically as a PDF.