Some trust instruments call for the creation of new sub-trusts which require you to manage the assets for distributions to a beneficiary at some future date or event. Business Advisory Services Our Trust Accounting service options include transferring your daily disbursements to your bank for Positive Pay verification, daily account balancing by retrieving your bank's list of cleared checks and deposits, and receiving electronic bank statements to reconcile your trust accounts. Trust Accounting is simply bookkeeping of trust accounts in accordance with state requirements. These requirements vary from state to state, but they have a few rules in common. Namely, there is to be no comingling of client funds with the lawyer or law firm’s funds, and maintaining accurate records is a must. Trust Acc Trust Accounting Services Pte Ltd is a firm that dedicates its services to provide for bookkeeping, accounting, reporting, taxation, payroll and corporate secretarial solutions for its clientele base. We have undertaken various advisory roles to SMEs in Singapore and seek to provide counsel towards any corporate or accounting challenges that our clients face in their businesses.
No comments:
Post a Comment