"Comprehensive", "easy to use", "flexible". These are just a few of the customer comments describing the Abacus General Ledger system. The method of accounting can be either Cash or Accrual. The system is open-ended and does not require a "hard close" at the end of each month. You can customize a standard chart of accounts for your needs.  Recurring journal entries can be set up for automatic entry. Reports can be printed or displayed to the screen at any time.

The visual check writer, trust accounting summary and pre-configured financial reports make Abacus 1031 a perfect fit for any 1031 accommodation firm.

Trust Accounting

The Abacus Trust Accounting system exceeds all Bar Association requirements. This system safeguards your firm from inadvertently "overdrawing" their Trust account or a Trust Matter.  Abacus 1031 accounting tracks all trust activity, from deposits to printing checks, with detailed on-screen or printed reports.

Trust Accounting Features

• Detailed Trust Ledgers
• Integrated Check Writer
• Multiple Trust Checking Accounts
• Check Reconciliation
• Multiple Matters on one Trust Check
• Detailed Trust Reports
• Interest distribution for interest bearing accounts
• Bank reconciliation ties to trust ledgers for balancing
• Apply trust monies directly to bill automatically
• Fail-safe overdraft protection
• On-Screen Alpha Lookup
• Recap of Trust Transactions printed to the bill (if desired)
• Option to integrate with Real Estate Closing programs (Land Tech, DoubleTime, and Display Soft)
• Ability to enter Trust Check Requests
• Minimum Trust Retainer Bills

Select one of the following:

• Have an Abacus 1031 expert call me
• Request a custom quote
• Request a live demo
• Or, call us at 800-726-3339. You'll be glad you did.