In the dynamic world of tax practice, choosing the right trust accounting software is crucial for Australian accounting firms dealing with “fee from refund” cases. TrustEasy, a specialized Statutory Trust accounting software, stands out as the premier choice. Explore the top 10 features that make TrustEasy the go-to solution for Australian accounting firms seeking efficiency, security, and innovation in trust accounting:
1. Streamlined Visibility with Kanban View Dashboard:
Elevate your trust accounting revenue stream with TrustEasy’s Kanban view dashboard, providing Australian accounting firms with unparalleled clarity and efficiency in managing fee from refund cases.
2. Seamless .aba File Generation:
Experience smoother transactions and enhanced compliance with TrustEasy’s capability to effortlessly generate .aba files, aligning perfectly with Australian Banking Association requirements. At the time of bank reconciliation, it splits the lump sum amount for easy reconciliation.
3. Cloud-Powered Accessibility:
TrustEasy’s cloud-based architecture ensures Australian accounting firms have the flexibility and accessibility needed in today’s fast-paced business environment, allowing for convenient anytime, anywhere access.
4. Integration Excellence with CRM and Tax Lodgement Software:
TrustEasy goes beyond the basics by seamlessly integrating with CRMs like XPM and Access Practice Manager. Simplify data imports from HandiTax, MYOB, and other tax lodgement software via .CSV files, offering Australian accounting firms unparalleled convenience.
5. No-Cost Inbuilt KYC for Enhanced Security:
Prioritize client information security without additional expenses. TrustEasy includes inbuilt Know Your Customer (KYC) features at no extra cost, ensuring Australian accounting firms comply with regulations effortlessly.
6. Time-Saving Automatic Bank Feeds:
Connect directly with banks for automatic bank feeds, saving precious time for Australian accounting firms and reducing the risk of manual data entry errors.
7. Flexible ATO Refund Reconciliation:
Empower your firm with TrustEasy’s flexible ATO refund reconciliation options—bulk or one-by-one. Ensure accuracy and precision in financial transactions with this granular approach.
8. Robust Multi-Factor Authentication (MFA):
Enhance trust accounting security with TrustEasy’s Multi-Factor Authentication (MFA). Australian accounting firms can safeguard sensitive data with an additional layer of protection. TrustEasy also masks TFN and Clients Bank data for additional security.
9. Effortless Automated Receipts and Authority Letter Production:
Save time and enhance client interactions with TrustEasy’s automated receipt generation. It meets additional requirements of Queensland based Accounting firms. Produce authority letters effortlessly, showcasing a professional and organized approach.
10. Transparent 3-Way Audit Reports and Client Statements:
Foster trust with comprehensive 3-way audit reports and detailed client statements. TrustEasy ensures transparency in financial management practices, establishing your firm as a reliable partner.
In summary, TrustEasy emerges as the ultimate solution for Australian accounting firms seeking to optimize trust accounting processes. With these top 10 features, TrustEasy enables firms to navigate complexities seamlessly, solidifying its position as the best trust accounting software for Australian accounting professionals.
