End of Month Reports

Problem

I want to know which EOM reports I need to retain for audit and best practice accounting purposes. 

Solution

See the document below for details of reports LawMaster recommends you retain and where in the system we suggest you retain the reports. The suggested reports are: 

• Trust Trial Balance 
• Trust Cash Book 
• Trust Ledger 
• Trust Receipt Cash Book 
• Trust Payments Cash Book 
• Print Trust No Movements 
• End of Day must be run first 
• Aged WIP/Disbursements 
• Aged Creditors Balance 
• Debtor Aged Trial Balance 
• Profit and Loss Statement 
• Balance Sheet 
• Cumulative Earnings Report (PAYG Reporting)