Trust Accounting Software for Tax Practitioners

Fee from refund made easy!

Pioneer in Cloud based Trust Management Software for Accounting Firms
 

Trust Accounting
Importance of Statutory Trust Accounting Software
 

Bank Reconciliation
Automatic bank feeds
 

Fee From Refund
End to End FFR management
 

Instant Refund
Refund in 1 Hour
 

Client KYC
Meets the ATO and TPB guidelines
 

Generate ABA files
Get paid along with client refund payment
 

Audit Trail
Software with Audit Trail and 2FA
 

Data Security
Security in Accounting Software

Integrated with Access Accountant Cloud (HandiSoft) built on Salesforce and Xero Practice Manager (XPM)

Why should you invest in a statutory trust accounting software?

Fee From Refund Process Flow

Powerful and User-Friendly Trust Accounting Software for Tax Practitioners

Statutory Trust Accounting for Tax practitioners is used mainly to manage Fee From Refund (FFR). When clients prefer the fee be deducted from the refund from the ATO, Tax Practitioners provide this FFR service by putting their Trust Account details on the tax form.

At TrustEasy, we did research on the best practice, Tax Practitioners Board (TPB) requirements, the ATO requirements and requirements from the Accounting Body (CAANZ, CPA Australia and IPA). We’ve done the hard work so that Tax Practitioners can seamlessly deliver Fee From Refund service and meet other trust accounting requirements.

At TrustEasy, by using our Trust Accounting Software, our mission is to make Tax Practitioners job easy so that they can say no to spreadsheets, outsource “Fee From Refund” work or compromise with any substandard software.

TrustEasy is a cloud based SaaS designed to manage trust accounts for Accounting Firms/Tax Practitioners. Fee From Refund and trust management can be easier, simpler and faster using our Trust Accounting Software and hence we call it TrustEasy.

Trust Accounting
Why TrustEasy?
  1. Help you meet CPA Australia, IPA and CAANZ requirements on managing client monies in the Trust Account.
  2. Meets the Tax Practitioners Board (TPB) Code of Professional Conduct – Holding money or other property on trust.
  3. Help you meet Australian Taxation Office (ATO) and TPB requirements on Know Your Clients (KYC) for Proof of Id (POI).
  4. Automatic Bank Feeds and Audit trail to help you meet the bank reconciliation requirements.
  5. Highly Secured: Multi Factor Authentication (MFA) to login, SHA256 for Encryption, OAuth 2.0 for the integration using APIs,
  6. Masks Tax File Number and Bank Account Numbers.
  7. Produce Authority Letter and Receipt as per Accounting Professional & Ethical Standards Board (APESB) requirements.
  8. Integrated with XPM and Salesforce using Access Accountant Cloud objects (Handisoft) for simple integration.
  9. Native Cloud with APIs – first in Australia to manage Statutory Trust Account for Accounting Firms.
  10. Generate .Aba files for client’s net refund and Firms professional fee at the same time to pay in bulk to meet the payment within three days requirement.
  11. Reconcile with the ATO EFT reconciliation report in bulk to manage high volume.
  12. Dashboard view and filters for total visibility and under review tab for reporting to the Accounting Body.
  13. Statements and Reports for Auditors.
  14. Easy to Use to save up to 80% of time.

Pricing Plans With Annual Subscription

  • $2,600.00

    (Ex. GST)

  • Per Annum
  • For mid to large size firms
  • ULTIMATE
  • ✓ 6000 Fee From Refunds p.a.
  • ✓ KYC for up to 6000 clients
  • ✓ 10 Users
  • ✓ .ABA files for bulk payment
  • ✓ Bulk refund reconciliation
  • ✓ Api integration
  • ✓ Produce Authority letter
  • ✓ Produce Receipts
  • ✓ Automatic Bank Feeds
  • ✓ Email, Ai and Phone Support
  • White Glove Onboarding Service

    $330.00

  • Get Started
  • $990.00

    (Ex. GST)

  • Per Annum
  • For small to mid size firms
  • PROFESSIONAL
  • ✓ 2000 Fee From Refunds p.a.
  • ✓ KYC for up to 2000 clients
  • ✓ 3 Users
  • ✓ .ABA files for bulk payment
  • ✓ Bulk refund reconciliation
  • ✓ Api integration
  • ✓ Produce Authority letter
  • ✓ Produce Receipts
  • ✓ Bank Feeds via .csv Import*
  • ✓ Email and Ai Support
  • White Glove Onboarding Service

    $330.00

  • Get Started
  • $108.90

    (Inc. GST)

  • Per Month
  • For small to mid size firms
  • PROFESSIONAL
  • ✓ 3000 Fee From Refunds p.a.
  • ✓ KYC for up to 3000 clients
  • ✓ 1 User
  • ✓ .ABA files for bulk payment
  • ✓ Bulk refund reconciliation
  • ✓ Api integration
  • ✓ Produce Authority letter
  • ✓ Produce Receipts
  • ✓ Automatic Bank Feeds
  • ✓ Email and Ai Support
  • White Glove Onboarding Service

    $330.00

  • Get Started

For a higher plan, kindly Contact us

Get in Touch

Simple & Clear Solution for Complex Problems
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ADDRESS

P O Box 6468, Norwest NSW 2153

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