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CommunityI have opened an Interest Bearing Trust Account - the funds are from our pooled trust account - how do i reflect that in LEAP? the funds coming out of their trust into their interest bearing trust?

I have opened an Interest Bearing Trust Account - the funds are from our pooled trust account - how do i reflect that in LEAP? the funds coming out of their trust into their interest bearing trust?

  • you have to "make a payment" out of trust so that it disappears from Trust account and then under the "Separate interest bearing account" tab you have to open the new account and post an entry in. Every entry in or out of the account has to be posted individually 1) in/out of the trust account and then move to the other screen and post 2) in/out of the separate interest bearing account. Extremely time consuming and prone to error.

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I have opened an Interest Bearing Trust Account - the funds are from our pooled trust account - how do i reflect that in LEAP? the funds coming out of their trust into their interest bearing trust?