specific assets and liabilities management
Connectworks isn’t attempting to provide a comprehensive accounting solution.
However it does include the ability to manage trust-specific tasks such as gifting, related-party loans and their repayments, and distributions.
Again, it can be accessed by all users if the trust is on an appropriate subscription plan, so the trusts accountant and lawyer are looking at the same information in real time. This can avoid common problems and questions such as “was it a gift or a loan?” or “+a capital or income distribution?”