startCCH Trust Accounts: essentials training online (10133833)
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CCH Trust Accounts: essentials training online (10133833)

CCH Trust Accounts
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Training SessionsCourse Outlines

    Overview

    This course provides a practical introduction to setting up and managing clients in CCH Trust Accounts, including ledger configuration, transaction entry and reporting. It also covers an introduction to the integration with Accounts Production, preparing and printing trust accounts, and completing the year-end process.

    Prerequisites

    Access to CCH Trust Accounts and CCH Central.

    Objectives

    By the end of this course, participants should be able to:

    • Navigate CCH Trust Accounts and understand how it integrates with CCH Central and CCH Accounts Production.
    • Set up a new trust client, link the client to CCH Central and create the appropriate accounting period.
    • Configure and use the nominal and investment ledgers, including bringing nominal codes into a client.
    • Enter common trust transactions, including payments, receipts, journals and investment entries.
    • Review, select and amend accounting and investment entries accurately.
    • Produce and interpret key reports
    • Launch Accounts Production and verify trust associations and key trust details.
    • Enter relevant disclosure information, including the settlement date, terms of trust and accountant’s report.
    • Preview and print the trust accounts.
    • Complete the year-end process in CCH Trust Accounts

    Course duration

    3 hours

    Cloudshare

    icon_cloudshare.jpg
    		Cloudshare: This course will be delivered using an interactive hosted training environment called CloudShare.
    CloudShare provides a standardised virtual training environment for each attendee, enabling hands on interaction during the training session. You will receive a comprehensive set of instructions and recommendations prior to the training.

     

    Course contents

    Introduction to CCH Trust Accounts

    o   Overview of the Nominal and Investment ledgers

    Client Management

    o   Setting up new clients in Trust Accounts and linking to clients in CCH Central

    o   Setting up the accounting period for the first time (Nominal client details)

    o   Nominal accounts structure, bringing nominal codes into a client, print options

    Data entry:

    o   Payments, receipts, journals and investment entries

    o   Investments: linking securities to a client

    o   Editing entries

    Reports:

    o   Trial Balance

    o   Nominal Ledger

    o   Investment ledger

    o   Investment schedule

    Year-end process

    The trust account pages in CCH Accounts Production

    Entering the date of settlement

    Trust associations

    Previewing and printing the accounts

    Summary of session

     

    Who is this course designed for?

    • First time users of the software
       

    Useful Resources

     

    Related documents

    Linking to clients in CCH Central
    This document provides instructions on how to link and unlink clients from CCH Central in the CCH Trust Accounts system. To link a client, the user must select the client, click "Edit," then "Link," and choose the appropriate client from Central. Once linked, certain fields become non-editable in Trust Accounts. To unlink a client, the user clicks the "Unlink" button, which restores editability but deletes any accounting periods in Central. Key fields updated from Central include client name, address, and contact details.
    Database Parameters
    Various features in Trust Accounts are optional. To set up many of these, from the Activities menu select System Management, and then Database Parameters.
    Data Parameters
    Various features in Trust Accounts are optional. To set up many of these, from the Activities menu select System Management, and then Database Parameters.
    Database Parameters
    Database Parameters
    Passwords
    Passwords