Ideal Online Documentation

14375 T/T PROCEDURES
TT1-03 Day to Day Processing

 

SUMMARY

 

The programs in the trust accounting module are typically used as follows:

  • as required.
  • once a month (end of period).

 

AS REQUIRED

 

The following programs are used on an "as required" basis:

  • Trust transaction entry (see 14381 TRUST TRANSACTION ENTRY).
  • Trust transaction inquiry (see 14391 TRUST TRANSACTION INQUIRY).
  • Maintenance programs.
  • Report and listing programs.

 

MONTHLY

 

The following programs are typically used for end of period processing:

  • System balancing test (see 14414 SYSTEM BALANCING TEST).
  • Trust liability report (see 14418 TRUST LIABILITY REPORT).
  • Trust detail report (see 14417 TRUST DETAIL REPORT).
  • Trust statements (see 14419 TRUST STATEMENTS).
  • Month end purge (see 14382 MONTH END PURGE).
  • T5 Reportable Interest report (see 14415 T5 REPORTABLE INTEREST REPORT) year end only.