As a new client preparing to Go Live with Eagle Trust Accounting, the best time to transition from your previous trust accounting system is early on at the start of a new month.
Below is an outline of the transition process.
1. Reconcile your old Trust Accounting System
Do your end of month reconciliation with your old Trust Accounting system.
2. Provide your data to Eagle
At this stage, we need the following information to setup all your accounts.
Reconciliation report from the previous month
Ledger account balances as at the end of the previous month
3. Continue to use your old Trust Accounting System and allow Eagle up to 2 days to setup your balances
While Eagle imports your balances and ledgers, you will need to continue using your old trust accounting system to record payments and receipts.
4. On your set "Go Live Date"
Start using Eagle to add in your payments and receipts
Provide all your transactions from the current month to Eagle for entry