Trust Acounting Software Review
#1 Easy Trust - Accounting Software                                         
Review date: 01.16.2012

Description:

This application allows you to automate your practice. Besides, it enables you to track and reconcile all deposits and disbursements for each individual client account. In addition, you can create all required escrow account reports.

Screenshots

Price:

$249

Advanced Features:

  • Tightens controls
  • Deposit slip printing
  • All in one program
  • Multiple bank account management
  • Improves compliance
  • Network ready
  • Free download

Review:

Best of all, the program enables you to ensure compliance with trust accounting rules.
  • Enables to automate the entire escrow accounting process.
  • Free weekly web based training classes.
  • Built-in Escrow accounting rules. Integrated data-backup.
  • Individual client balances are always available.
  • Customizable reporting and trust check management.
  • Ideal for attorneys who need trust accounting.
  • Includes all product updates and tech support for one year.
Overall, this software package is perfect for any individual, business, institution or agency that operates a trust account. Moreover, Easy Trust is a flexible tool fine-tuned for law professionals.

#2 Tabs3 Billing Software                                                             
Review date: 01.16.2012

Description:

This billing software allows you to get bills out faster and increase productivity. On top of that, the application includes a free single-user version of PracticeMaster Basic. Bills and reports can also be saved as PDF format.

Screenshots

Price:

From $295

Advanced Features:

  • User-friendly graphical interface
  • Internet-based application
  • Client productivity report
  • Compensation reports and tools
  • Helpful technical support
  • Integrates with QuickBooks
  • Wireless environment capabilities

Review:

Best of all, once you set up your fee compensation rules, you are able to run a report to view how much person has earned.
  • Enables you to get your bills out faster and increase your productivity.
  • Allows you to review receivables as open invoice items. Past due amounts are easily monitored.
  • Detailed reports can be printed in a standard report format.
  • Offers a look into all of a client's vital statistics.
  • Billed and unbilled amounts for expenses are organized by case type.
  • Enables to determine which clients or case types are most profitable for your firm.
  • The payment allocation module allows you to view how Tabs3 will handle recording this payment.
Overall, the software offers the flexibility to bill the way you want. In addition to that, Tabs3 enables you to track the status of billing statements to see which have been reviewed or are on hold.

#3 Trust System II - Accounting Software                                   
Review date: 01.22.2012

Description:

In use by hospitals and nursing homes, Trust System II, from Computerease - a canadian company - enables to accommodates an HL7 Interface to external patient and transaction sources. Data entry and trust system control, available.

Screenshots

Price:

$585.00

Main Features:

  • Free Support
  • History of all transactions
  • Compatible with Windows 7
  • Multi-user access
  • Free demo
  • No monthly fees

Review:

  • Enables to apply interest rates depending on user definable balances.
  • Allows you to track trust accounts for nursing homes and hospitals.
  • Performance may be enhanced by installing the main data base on the sign-in computer.
  • You must have, at least, a 2 user license to operate in a network environment.
  • Compatible with Apple computer systems.
NOTE: If you have installed a demo version of the Trust II software, you have 30 days before it will be disabled.
2012 Trust Accounting Software Comparisons
  • Ideal for law firms or accountants, Trust Accounting Software may offer full automation and flexibility, with complete record keeping.

    Choose scalable trust accounting software.

    Designed to help firms track and maintain trust accounts, some of them provide accounts payable and receivable, check writing and printing, financial statements.
    Within this site, we have ranked the top 3 trust accounting solutions.

    See Side by Side Comparison
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