Trust Banking
Modified on Fri, 13 Jun at 12:39 AM
Overview
This guide will take you through managing banking for your trust account.
Prepare Deposits
1. Select the Accountant Dashboard from the My Dashboards drop down list.
2. In the Client/Trust Cash Accounts section, select the relevant account by clicking in the white area next to the trust cash account name.
3. Select the + to the right of Deposit in the Account Actions menu on the right hand side..
4. On the bank deposit screen, select the deposit date.
5. In the Bank Reference field, put in a reference (you could use the paying in slip reference).
5. Select the cheques/cash that require banking by ticking the relevant check boxes.
6. Once all items that are to be included have been selected, click on the Deposit button.
7. The bank deposit slip will list all selected cheque/cash transactions and can be printed using the available print buttons at the top of the deposit slip.
Prepare Payments
To prepare an ABA file for upload of EFT payments into an online banking platform, follow the below steps:
1. Select the Accountant Dashboard from the My Dashboards drop down list.
2. Under the Client/Trust Cash Accounts section, select the relevant account by clicking in the white space next to the cash account name.
3. Select the + to the right of Prepare Payment in the Account Actions menu.
4. Select the payment method from the Payment Method drop down menu.
5. Choose the process date.
6. Type in a batch description.
7. Select the EFT transactions that are to be included in the ABA file by ticking the relevant check boxes.
8. Once all entries to be included have been selected, click on the Prepare Payment button.
9. The ABA file export is now ready for download, select the Download button to save it locally for uploading onto your online banking system.
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