Perform the following steps for establishing a brand new sales trust account (if transferring an existing account from another system please utilise “Establishing Existing Sales Trust Accounts”).
- From the left side menu, go to Financials > Under Trust, go to All Trust Accounts
- To establish a new trust account, click “+” button
- Enter details regarding the trust account you are setting up
- Ensure that the check box is un-ticked (if left checked, Rex will revert to adding an existing sales trust system)
Important Note: If creating a trust account from a bank account with ZERO transactions please use this method for New Accounts. If your trust account has any transactions please use the method outlined in the help article 'For Existing Bank Accounts'
Take a look at our Rex University Training video about setting up a new trust account for more information: The course you'll be looking for is Number 3 - Trust Accounting in Rex.