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triConvey compliance and trust accounting
triConvey trust accounting (TA) provides a simple and streamlined process to manage your trust accounting and end of month reconciliation.
Compliance & trust accounting
triConvey Trust Accounting function in the process of obtaining certification from the NSW Law Society. There is currently no recognised compliance certification in Victoria and Queensland. triConvey will continue to seek approval where applicable to ensure users are able to maintain safe practices when using triConvey Trust Accounting.
See more information below on specific state legislation.
NSW
The NSW Law Society’s Trust Accounts Department, at the request of the software supplier, carefully examines software packages to ensure compliance with the Legal Profession Uniform Law (NSW) and the Legal Profession Uniform General Rules 2015 (the Uniform Law).
TA software packages that have been examined and certified by The Law Society of New South Wales as complying systems under general trust accounts as defined in S128 of the Uniform Law, are provided identifying certificate numbers.
triSearch conveyancing practice management software triConvey, is and remains compliant through its partnership with certified trust accounting software provider Smokeball (Certificate Number 16).
The NSW Law Society’s Trust Accounts Department, at the request of the software supplier, carefully examines software packages to ensure compliance with the Legal Profession Uniform Law (NSW) and the Legal Profession Uniform General Rules 2015 (the Uniform Law).
TA software packages that have been examined and certified by The Law Society of New South Wales as complying systems under general trust accounts as defined in S128 of the Uniform Law, are provided identifying certificate numbers.
triSearch conveyancing practice management software triConvey, is currently obtaining the compliance certification from the NSW Law Society’s Trust Accounts Department.
QLD
When the assessment of computerised trust accounting systems changed responsibilities from the Department of Justice & Attorney-General to the Queensland Law Society in 1994, approval for the use of systems by solicitors has discontinued.
The official QLS computerised trust accounting systems states: “The Queensland Law Society does not assess computerised accounting systems. Sections 28 to 32 of the Legal Profession Regulation 2007 set out the requirements for a complying computerised trust accounting system.”
VIC
According to the Victorian Legal Services Board + Commissioner, property lawyers and conveyancers can outsource trust accounting to an external TA software as examined and certified by the Trust Accounts Department of the NSW Law Society.