Trust Account

Trust Account Tutorials from the Real Estate Bulletin’s Auditor’s Corner


Open or download for future reference Trust Account Tutorials to understand and learn the process of maintaining trust account records that comply with Real Estate Commission rules. The three one-page tutorials cover Deposits, Disbursements and Monthly Account Reconciliations and are displayed in numbered steps with ledgers and other documents shown as examples.


Accounting for Earnest Money Deposits (video)






Trust Account Software

Software on the following list has been evaluated and found to substantially comply with the provisions of the Commission's Rules and Trust Account Guidelines. This evaluation was based solely on examining computer software reports provided by the software vendor for data sufficiently identified as promulgated in the Commission's Rules and Trust Account Guidelines.

A user of a compliant software package should possess a good working knowledge of accounting and the Commission's Rules and Trust Account Guidelines and the ability to relate such knowledge to the software itself. Use of a compliant software package should not be construed by the user as compliance with the Commission's Rules and Trust Account Guidelines.

Contact the software vendor for menus to access specific reports that comply.


Long Term Rental Management Accounting Software

AppFolio, Inc.
55 Castilian Dr.
Goleta, CA 93117
(866) 648-1536
www.appfolio.com
Buildium
38 Chauncy St, 12th floor
Boston, MA 02111
888-414-1988
www.buildium.com
Elite Software Corp
Accounting Escrow Compliance Software
Online Version
1216 W. Flournoy Street
Chicago, Illinois 60607
(312) 788-9005
www.elitesoftwarecorp.com
Propertyware
Version 3.5.294 or higher
RealPage, Inc.
4000 International Pkwy.
Carrollton, TX 75007
(866) 642-9399
www.propertyware.com
PROMAS Landlord Software Center
Version 6.7 or higher
311 D Maple Avenue West
Vienna, VA 22180
(800) 397-1499
www.promas.com
PropertyBoss
Version 10.01 or higher
PropertyBoss Solutions, LLC
56 Pointe Circle
Greenville, SC 29615
(800) 562-0661
www.propertyboss.com/ncrec
Rent Manager®
LCS
1007 Cottonwood Drive
Loveland, Ohio 45140
1-800-669-0871
www.rentmanager.com
Rentec Direct
301 NE 6th St
Grants Pass, OR 97526
800-881-5139
www.rentecdirect.com
Tenant Pro
Version dated 3/10/03 or later
RealPage, Inc.
4000 International Pkwy.
Carrolton, Texas 75007
(800) 964-2792
www.tenantpro.com
Virtual Resort Manager
Version 1.5 or higher
106-D Professional Park
PO Drawer 60
Beaufort, NC 28516
(866) 849-0817
www.VirtualResortManager.com
Yardi Systems, Inc.
Genesis/Enterprise/Voyager
430 South Fairview Avenue
Santa Barbara , CA 93117
(800) 866-1144
www.Yardi.com

Resort Rental Management Software

Barefoot Agent 3.0 or higher
Barefoot Technologies, Inc.
PO Box 2433
Woburn, MA 01888
(877) 799-1110
www.barefoot.com
email:sales@barefoot.com
Entech Version 2.0.3.2 or higher
HomeAway Software for Professionals™
1011 West 5th Street, Suite 300
Austin, TX 78703
(800) 340-3697
Fax: (615) 827-7059
www.software.homeaway.com/vacation-rentals
email: SoftwareInfo@homeaway.com
EscapiaVRS (Version 7.2 or higher)
HomeAway Software for Professionals™
1011 West 5th Street, Suite 300
Austin, TX 78703
(800) 340-3697
Fax: (615) 827-7059
www.software.homeaway.com/vacation-rentals
email: SoftwareInfo@homeaway.com
First Resort NC Report Page
HomeAway Software for Professionals™
1011 West 5th Street, Suite 300
Austin, TX 78703
(800) 340-3697
Fax: (615) 827-7059
www.software.homeaway.com/vacation-rentals
email: SoftwareInfo@homeaway.com
LiveRez/QuickBooks (Version 6.15 or higher) LiveRez Inc.
6206 Discovery Way
Boise, ID 83713
(800) 343-2891
(208) 639-6107
www.LiveRez.com
email: Sales@LiveRez.com
Maxxton
Highland Park Place
4514 Cole Avenue, Suite 600
Dallas, TX 75205
(214) 559-7158
www.maxxton.com
email: usa@maxxton.com
Property Plus (Version 3.13 (134) or higher)
HomeAway Software for Professionals™
1011 West 5th Street, Suite 300
Austin, TX 78703
(800) 340-3697
Fax: (615) 827-7059
www.software.homeaway.com/vacation-rentals
email: SoftwareInfo@homeaway.com
Real Time Rental.com
Strategic Planning & Management, L.L.C.
109 34th Street-Suite 201
Ocean City, NJ 08226
(888) 828-2303
www.RealTimeRental.com
Rent One Online
269 Mt. Hermon Road, Suite 205
Scotts Valley, CA 96066
(831) 438-3141
www.RentOneOnline.com
Rental Network Software Corp.(Version 9.0 or higher)
410 43rd Street West, Suite J
Bradenton, Florida 34209
(941) 746-7228
www.rental-network.com
Resort Management System (Version 4.8 or higher)
Advanced Management Systems, Inc.
P.O. Box 20760
Charleston, SC 29413-0760
(843) 795-4110
(800) 366-5152
www.resortmanagementsystem.com
Streamline
Vacation Rental Software
7517 S. McClintock Dr. Suite 102
Tempe, Arizona 85283
888-590-1946
www.streamlinevrs.com
email: info@streamlinevrs.com
V12.NET (Version v12.5.5 and above)
HomeAway Software for Professionals™
1011 West 5th Street, Suite 300
Austin, TX 78703
(800) 340-3697
Fax: (615) 827-7059
www.software.homeaway.com/vacation-rentals
email: SoftwareInfo@homeaway.com
Virtual Resort Manager (Version 1.5 or higher)
106-D Professional Park
PO Drawer 60
Beaufort, NC 28516
(866) 849-0817
www.VirtualResortManager.com

Sales Accounting Software

Elite Software Corp
Accounting Escrow Compliance Software
Online Version
1216 W. Flournoy Street
Chicago, Illinois 60607
(312) 788-9005
www.elitesoftwarecorp.com