Tabs3 Trust Accounting does not limit the number of Trust Accounts you can track.

Can I import transactions directly from my bank’s website?
Tabs3 Trust Accounting can import transactions from most bank websites using the common file formats below::
OFX – Open Financial Exchange file
QFX – Quicken Financial Exchange file
QBO – QuickBooks Financial Exchange file

There is nothing else out there as elegant to work with, reliable, compatible with other software and user-friendly with the most friendly, helpful support team. Worth every penny, including the costs of conversion. There are no cons.

There is nothing else out there as elegant to work with, reliable, compatible with other software and user-friendly with the most friendly, helpful support team. Worth every penny, including the costs of conversion. There are no cons.

“We have been using Tabs3 for over 6 years. The company has been around a very long time and has a solid, feature rich product that can be tailored to work for most everyone. Lots of modules to support accounting, document management and payables. They have integration with several key players like Worldox. There are many more features than any one firm would use but it is built to be flexible and to accommodate a wide range of practices and use.”

Tabs3 Trust Accounting is limited to 99 Bank Accounts. Keep in mind that you can assign as many clients as necessary to each bank account so this should not pose a problem for most firms.

Tabs3 Trust Accounting can print ledgers showing the activity for each Trust Account, or print a combined ledger showing all activity for each bank account. Additionally, a Three-way report can be run after reconciling to demonstrate that the sum of the Trust Accounts matches the activity on the Bank Account plus any outstanding activity.

Yes. When creating a transaction in Tabs3 Trust Accounting, you will be notified if you fall below the minimum balance. Replenishment of Trust Account balances can also automatically show on clients’ statements.

Yes. Statements can show just the Trust Account balance as of the statement date, all of the activity between the previous and current statement date, or no Trust Account information. You can also request a replenishment of trust Funds if the account drops below the recommended balance.

Yes, 1099s can be prepared either by your Firm as a payer, or by the Trust Account holder as payer. When your firm is the payer, 1099 information can be combined with your accounts payable information to create a combined 1099 form or electronic file.