TRUSTprocessor Add-On Modules

TRUSTprocessor is organized so that the core system handles all the basic trust and fund accounting functionality needed by most installations. A wide variety of add-on modules provide functionality that will be useful for certain operational structures. We believe people should pay only for the modules that fit their needs. As your requirements change, you can add more modules to streamline your operations. Below is a list of current add-ons. We develop new offerings based on our clients’ needs.

• 4-Tier Accounting creates and tracks distributions for CRUT’s and CRAT’s, while calculating and monitoring the required distributions for these charitable trusts.
  
  
• Asset Allocation allows you to easily manage the investment risk level in each account. The report shows trust accounts whose managed assets are outside of the defined ranges for their asset allocation code.
  
  
• Beneficiary Checks calculates distribution amounts, prints checks and creates transactions for income or principal distributions to beneficiaries. Distributions can be fixed amounts or based on a percentage of current-year income.
  
  
• Cash Sweep keeps all cash fully invested by creating transactions for automatic movement of uninvested cash.
  
  
• Corporate Actions creates transactions for all accounts holding a particular asset to account for a stock split, spin-off or merger.
  
  
• Data Export allows you to quickly and easily export data from TRUSTprocessor to a wide variety of formats.
  
  
• Dividend/Interest Mapping automates income processing for assets using record-date calculations.
  
  
• Electronic Statements gives you the option to send statements (from Statement Wizard) as an email attachment or create the PDF files for access through TPonline.
   
• Expense Checks automatically selects checks for payment, prints checks and creates transactions for expense disbursements.
  
  
• Fees Module calculates and processes fees for your services.
  
  
• Income Accrual automates the calculation of interest, dividends or capital gains distributions for any asset that pays income based on the daily balances.
  
  
• Market Value Calculator creates transactions to prepare for Balance Sheet or Income Statement printing. For each account, it calculates the unrealized gain or loss and creates a transaction ready to proof and post.
  
  
• Portfolio Modeling automates the allocation of assets within each account according to pre-defined models.
  
  
• Statement Wizard produces a concise broker-style statement formatted according to a collection of templates that you create.
  
  
• Tax Forms automates the calculation and production of 1099 and 5498 forms, including the electronic transmission file for the IRS.
  
  
• Transaction Import pulls in transactions from an external electronic file into TRUSTprocessor to create standard transactions, ready to proof and post.