- Introduction and key concepts
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Overview of the LEAP dual ledger system
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Terminology we use
- Trust Accounting Functions
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Create a Trust Receipt
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Create a Trust Bank Deposit
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Create a Trust Payment
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Trust Payment Requests and Authorisations
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Trust Journals
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Protected Trust Funds
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Interest Bearing Deposit Accounts and Transactions
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Creating Trust to Office Transfers
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Reversing Trust Transactions
- Bank Reconciliation & EOM
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Overview
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The Reconciliation Process
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End of Month Process
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Quiz
- Up Next
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Summary
Trust Accounting Basics
This course will be covering the basics and best practices of Trust Accounting in LEAP. Learn about LEAP’s dual ledger system, how to handle trust transactions, the reconciliation, and end of month process to help gain a better understanding and increase your firm’s efficiency.
Trust Accounting Basics
In this course we will learn how to
- Create and manage trust accounting transactions in LEAP with confidence
- Understand the monthly trust reconciliation process in LEAP
- Produce the necessary End of Month reports and complete the End of Month trust accounting process in LEAP with confidence