startCCH Trust Accounts: enhanced training online (10133834)
How To

CCH Trust Accounts: enhanced training online (10133834)

CCH Trust Accounts
Last update: Reading time 2 minutes
Training SessionsCourse Outlines

    Overview

    This course builds on the essentials session. Participants will expand their knowledge of how to manage ledger accounts and entries, configure and produce nominal reports and investment report and schedule profiles, setting up funds and investments, maintaining investments.

    Prerequisites

    All delegates should have completed the CCH Trust Accounts: essentials training course.  This course assumes knowledge from the CCH Trust Accounts course.

    Objectives

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

    • Configure and manage nominal ledger accounts, including account selection, lookups, editing, sub-accounts, printing and rounding options.
    • Edit accounting entries accurately.
    • Produce and customise nominal ledger and trial balance reports using profiles, account selections, date rules and additional information options.
    • Understand and use investment ledger functionality, including Autopost.
    • Set up and manage default and additional funds.
    • Create, link and maintain investment accounts and individual investments.
    • Enter and update investment market values and valuation dates.
    • Produce investment ledger reports and investment schedules.
    • Create and amend report profiles, including changing the investment schedule format within the accounts.
    • Complete year-end processes, including rollback, year-end and clear-down procedures.

    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

    1.Welcome and Course Introduction
    2.

    Nominal Ledger Accounts

    • Selecting and looking up accounts
    • Editing accounts and creating sub-accounts
    • Printing and rounding options
    • Editing entries
    3.

    Nominal Ledger and Trial Balance Reports

    • Report profiles and account selection
    • Date and date-rule options
    • Additional information settings
    4.

    Investment Ledger Overview

    • Investment ledger options
    • Overview of Autopost
    5.

    Funds and Investment Accounts

    • Setting up default and additional funds
    • Linking investment accounts to funds
    • Creating and editing investments
    • Entering market values and valuation dates
    6.

    Investment Reports and Schedules

    • Investment ledger reports
    • Investment schedule options
    • Creating a new report profile
    • Changing the investment schedule profile in Accounts Formatting
    7.

    Year-End Processing

    • Year-end rollback
    • Year-end and clear-down procedures
    8.Session Summary and Close

    Who is this course designed for?

    • This course is designed for delegates producing accounts for trusts in CCH Trust Accounts. Attendance is mandatory for certain users within the practice.

    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