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What is Trustpak?

Trust accounting is a specific form of bookkeeping that concentrates exclusively on the financial transactions associated with trusts. This practice requires a trustee to carefully record all incoming and outgoing funds that belong to others, maintaining separate ledger accounts for each individual from whom the money is received or for whom it is managed. Many countries have strict regulations regarding trust accounting, often requiring independent auditors to verify adherence to these laws. Since these regulations can change unexpectedly, it is vital to keep your accounting software updated to remain compliant, as failure to do so might threaten your business's viability. Moreover, the software must be designed with user experience in mind; a complicated interface can lead to unnecessary delays in mastering its functions. At Trustpak, we emphasize simplicity by providing all relevant information for each task directly on the main screen, which facilitates efficient operation. This thoughtful design not only conserves time but also significantly boosts the productivity of individuals managing trust accounts. Ensuring that users can navigate the system with ease is essential for fostering a smooth workflow in trust management.

What is TotalTrust?

TotalTrust is a comprehensive accounting software tailored for professionals like attorneys, accountants, and fiduciaries managing clients involved in estates, trusts, and guardianships. It features a visually appealing interface for fiduciary reports, prioritizing a logical and user-friendly experience. With its easy-to-navigate design and competitive pricing, TotalTrust is an outstanding choice for practitioners of any size. You can easily download the software and take advantage of a risk-free 30-day trial, allowing you to generate reports right away without any obligations or complicated paperwork. Specifically designed for Windows, this accounting system simplifies the process of creating necessary financial reports for various fiduciary responsibilities. Its core functionalities align with National Fiduciary Accounting Standards, accommodating the unique regulations regarding Capital Gains and Losses in Florida. Furthermore, TotalTrust enhances reporting capabilities with its customizable reports feature, which lets users set specific parameters and save templates for efficient future use, promoting a smoother workflow in managing accounting tasks. This flexibility is particularly beneficial for those who need to adapt reports to meet varying client needs.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

API Availability

Pricing Information

$53 per month
Free Trial Offered?

Pricing Information

$349 one-time payment

Supported Platforms

Windows

Supported Platforms

Windows

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars

Training Options

Documentation Hub
On-Site Training

Company Facts

Organization Name

InfoBiz Solutions

Date Founded

2002

Company Location

Australia

Company Website

www.infobizsolutions.com

Company Facts

Organization Name

Exhibit One Software

Company Location

United States

Company Website

www.exhibitonesoftware.com

Categories and Features

Trust Accounting

Activity Tracking
Check Writing
Compliance Management
Cross Ledger Posting
Customer Statements
Fee Calculation & Posting
Receipt Management
Tax Management

Categories and Features

Trust Accounting

Asset Gain & Loss Reporting
Receipt Management

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