Trust, Controlled Monies & Investment

Hints and Tips relating to Trust, Controlled Money Accounts and Investment Accounts

Creating a Custom Trust 'Statement' Template per Bank Account
It is possible to create a custom trust template for Statement per bank account. This is useful if you want a custom trust statement per Trust Bank Accou...
Thu, 25 Oct, 2018 at 12:43 PM
Printing a Controlled Monies Register - Article 64 of Uniform Trust Rules
To prepare a physical statement of Controlled monies you need to do the following Click on TRUST Menu Click on TRUST Matter Accounts Select T...
Thu, 9 Jan, 2020 at 9:29 AM
Trust Transactions not Showing in Reconcilations
For all states except Queensland. As per trust regulations Actionstep reconciliation technology works on ' TRANSACTION ENTRY DATE' and not ...
Mon, 1 Oct, 2018 at 5:33 PM
Payment Holds on Trust Transactions
Actionstep has a feature to allow you to put a hold on the trust deposits which you can choose to apply holds by payment method, ie Cash, Cheque, EFT or Cr...
Thu, 22 Nov, 2018 at 8:53 AM
Setting up Controlled Monies accounts - including Report on Controlled Monies
Terminology used in this article GL Code  = General Ledger Code Trust Account Ledger = the actual matter level trust account CMA = Controlled Money A...
Fri, 15 May, 2020 at 8:54 AM
How do I reconcile a Controlled Monies account
**** NOTE that this advice is purely a "How To" for the recording of transactions in Actionstep and is by no means Trust Accounting Advice.    I...
Tue, 23 Jul, 2019 at 12:17 PM
Trust - Opening balance different from previous reconcilled amount
Q:      Why is my opening balance amount different this month on my reconciliation before I start?  A:       If your previous month's reconciliatio...
Mon, 11 Nov, 2019 at 11:39 AM
Trust - Archiving/Closing off an old Trust Account
Q: Can I archive or close an old Trust Account so that it no longer shows on reports or in the dropdown lists when recording trust transactions as being av...
Mon, 11 Nov, 2019 at 11:24 AM
Setup Controlled Monies Accounts
Setting up Controlled Monies accounts - including Report on Controlled Monies The terminology used in this article GL Code  = General Ledger Code Tr...
Thu, 23 Jul, 2020 at 9:24 PM