Trust Management

Information to help your firm manage Trusts

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32 articles in this collection
Written by Connectworks Limited
ASSETS & LIABILITIES

Managing a trust ledger (Video)

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Written by Connectworks Limited
Updated over a week ago

Managing Trust Ledger Accounts

The different types of accounts that are available in the assets and liabilities ledger
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Written by Connectworks Limited
Updated over a week ago

Buying or acquiring assets

How to create records of assets owned or held by a trust
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Written by Connectworks Limited
Updated over a week ago

Revalue an Asset

How to revalue an asset in Connectworks
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Written by Connectworks Limited
Updated over a week ago

Capital additions and removals

How to record capital additions to, and removals from, existing assets
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Written by Connectworks Limited
Updated over a week ago

Selling an asset

Recording sales of trust assets in Connectworks
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Written by Connectworks Limited
Updated over a week ago

Recording and repaying mortgages or other loans

Recording and repaying mortgages or other loans
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Written by Connectworks Limited
Updated over a week ago

Debt & Gifting

Acknowledging & forgiving debt in Connectworks
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Written by Connectworks Limited
Updated over a week ago

Making distributions

Making/recording distributions to beneficiaries
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Written by Connectworks Limited
Updated over a week ago

Trust Ledger - Reports

Reports are available to download from the Reports tab inside a trust
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Written by Connectworks Limited
Updated over a week ago

Account Transfers

How to record transfers of funds in Connectworks
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Written by Connectworks Limited
Updated over a week ago

Advancing and recovering loans to third parties

How to record loans extended from trusts to a third party
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Written by Connectworks Limited
Updated over a week ago

Editing Account Movements

How to edit account movements that have been created in the assets & liabilities ledger
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Written by Connectworks Limited
Updated over a week ago

Editing transactions

How to edit transaction records that have been created in the assets & liabilities ledger
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Written by Connectworks Limited
Updated over a week ago

Creating custom transactions

Easily record common types of financial transactions that trusts engage in
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Written by Connectworks Limited
Updated over a week ago

Recording trust expenditures

How to record a trust’s spendings on expenses
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Written by Connectworks Limited
Updated over a week ago

Recording trust income

How to record trust income in Connectworks
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Written by Connectworks Limited
Updated over a week ago

Pay/Receive Money

How to record receipts of funds from non-income sources / non-expense related payments of funds
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Written by Connectworks Limited
Updated over a week ago

Reconcile the suspense account (Editing account movements)

How to reconcile the suspense account - trusts
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Written by Connectworks Limited
Updated over a week ago