Daily Trust Accounting (Self-Paced)

Daily Trust Accounting (Self-Paced)

The Daily Trust Accounting course is recommended for the bookkeeper within an Agency. You will learn the practical skills and knowledge to manage day-to-day financial transactions within the business, using Rest Professional.

About this course

At the end of the course you will be able to:

  • Process rent transactions received into your Trust Account using the Tenant Download function
  • Complete a Bank Reconciliation
  • Use the Transaction Search function to locate and identify specific transactions
  • Understand Owner, Property, Tenant and Creditor ledgers
  • Post journals between accounts, including internal accounts
  • Process creditor disbursements
  • Cancel transactions
  • Change the ownership of a property
  • Process claims against the tenant's bond
  • Use Rest reports to improve efficiency

Curriculum

  • 1. Course Welcome
  • 2. Processing Tenant Download and Bank Reconciliation
  • 3. Understanding Ledgers
  • 4. Chart of Accounts
  • 5. Journals
  • 6. Creditor Disbursements
  • 7. Cancelling Transactions
  • 8. Change of Ownership
  • 9. Bond Claims
  • 10. Reports
  • 11. Quiz
  • Bank Download Report
  • Cash book Receipts
  • Bank Statement
  • REST Daily Trust Accounting Workbook

About this course

At the end of the course you will be able to:

  • Process rent transactions received into your Trust Account using the Tenant Download function
  • Complete a Bank Reconciliation
  • Use the Transaction Search function to locate and identify specific transactions
  • Understand Owner, Property, Tenant and Creditor ledgers
  • Post journals between accounts, including internal accounts
  • Process creditor disbursements
  • Cancel transactions
  • Change the ownership of a property
  • Process claims against the tenant's bond
  • Use Rest reports to improve efficiency

Curriculum

  • 1. Course Welcome
  • 2. Processing Tenant Download and Bank Reconciliation
  • 3. Understanding Ledgers
  • 4. Chart of Accounts
  • 5. Journals
  • 6. Creditor Disbursements
  • 7. Cancelling Transactions
  • 8. Change of Ownership
  • 9. Bond Claims
  • 10. Reports
  • 11. Quiz
  • Bank Download Report
  • Cash book Receipts
  • Bank Statement
  • REST Daily Trust Accounting Workbook