The Trust Information options consist of Detail, Summary or None. This option indicates the format of trust information on Tabs3 Billing statements. This field will not be available if the Integrate with Tabs3 Trust Accounting option on the Other Systems tab of Customization is cleared.

Detail

Allows trust transactions for this account to print on the statement in detail. An opening and closing trust account balance is also included. This option does not affect how the trust information prints on the work-in-process reports. The trust transactions that will appear on the statement are those that have a date greater than the client's last statement date through the current statement date. If the payee for a check or electronic funds transfer transaction has the This is a payment to our firm option selected, then the firm's name from Firm Information in the System Configuration program will be printed for the Payee. The following is an example of how trust activity appears on the statement when the Detail option is selected:

                    Trust Account Activity

         Opening Balance                       $52,000.00
10/04/21 Expense money for Dawson
         PAYEE:  Charles L. Dawson              -1,200.00
10/08/21 Sale of Stock                           4,255.75
10/13/21 Attorney fees
         PAYEE:  Jensen & Burns, P.C.             -443.75
10/15/21 Real Estate taxes
         PAYEE:  Lancaster Country Treasurer    -1,450.00
                                               ----------
         Closing Balance                       $53,162.00

Note: The Trust Account Activity, Opening Balance and Closing Balance terminology can be customized using the Bank Account file in Trust.

Note: The Trust Account Activity section will not print for a client whose trust account has no current activity and a zero balance. For clients with multiple trust accounts, the Opening Balance, trust activity, and Closing Balance will not print for trust accounts that are zero balance with no current activity.
Summary

Allows the trust account balance to print at the end of the statement. The following is an example of how trust activity appears on the statement when the Summary option is selected:

Your trust account balance is $53,162.00

Note: The "Your trust account balance is" terminology can be customized using the Bank Account file in Trust.
None No information regarding the client's trust account will be printed on the statement.

Note: This option also indicates whether the billing statement's optional message to remit an amount for the trust account will be printed (i.,e. the Bill Remittance Text and Target Remittance Text fields in the Bank Account file in Trust). The client's Trust Integration option must be set to Detail or Summary in order for the message to print.

Note: Clients who have a trust account balance or trust account activity but have no work-in-process or previous balance will not have a statement printed unless the Generate statements that only have a trust balance or remittance request option is selected on the Other Systems tab of Customization.

See also:   Trust Integration Overview