Who is Class Trust for?

Standardise and automate trust accounting and administration with Class Trust.

Class Trust is designed to help accountants, administrators and advisers deliver time-saving efficiencies on trust accounting administration for firms. Class Trust can rapidly drive business efficiencies (pilot customers are seeing as much as 50% WIP reduction in the first year), solve disjointed manual processes and finally delivers a genuine trust accounting solution for accountants through comprehensive trust financial statements and tax reporting.

On top of the solution benefits of automating income, capital gains and investment and property valuations; Class Trust also simplifies the complexities around the accounting for trust distributions, as it recognises and auto-journals any carried forward losses, capital losses and unrealised gains and calculates the amount available for distribution to the beneficiaries.

Accountants and administrators can use Class Trust for the seamless administration for their client’s trust portfolio and investments, production of financial statements, lodgement of tax returns and processing of income, capital gains and corporate actions. Make real-time, informed decisions and access up-to-date information on your clients’ entities.

Financial Advisers can use Class Trust to provide timely, real-time and informed advice to clients on their current trust portfolio and investment position, allocation and performance using Class’ sophisticated reporting capabilities. Having up to date information to hand also means advisers can be more proactive and deliver better client service.

Beneficiaries can be provided an online access/view of their trust portfolio by their accountant or administrator. Beneficiaries can view up to date entity investment position and performance.