Just like with nick name banks we provide functionality for a trust account assignment to the tenant. This enables the deposit money to be posted in one of five use cases and the double entry accounting is automatic GAAP correct while user friendly for non accounting educated users.


A nick name bank is assigned to the property and a trust account is assigned to the tenant. 


Even though we do not expose balance sheet accounting this is posted correct, therefore part of the assets and liabilities balance. 


Examples of bank/trust bank assignments Read more