Property Trusts
Property Trusts software enables accurate and quick distribution calculations, so you not only get it right, you get it right without putting in excessive hours of manual effort.
The software offers automated uploads from your source data, with best-practice calculations signed off by one of the Big 4 accounting firms in Australia. The system is 'locked down'', so there's no need to check and re-check calculations, minimising risk and errors.
Features of Property Trusts software:
- Handles major property trust assignments
- Automates distributions
- Generates tax returns and automatically populates the ATO T Form
- Regularly maintained and updated for legislative changes
- Automates multitier calculations and data flows
- Links and automatically populates data from source systems
- Links and automatically populates data from unit holding systems
- Automates tax sensitive GL accounts
- Calculation of total fund distribution
- Automation of interfunding between funds
- Calculates unders and overs
Benefits of Property Trusts software:
- Reduces manual entry and risk of error
- Reduces tax effort and timeframes to complete distributions
- Improves risk profile
- Improves audit trails
- Greater controls over calculations
- Introduces data flow automation
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