Bank reconciliation made easy
TRUST RECONCILIATION
Trust Reconciliation has never been simpler*
RapidPay’s Trust Reconciliation securely integrates with LEAP, Australia’s leading practice management software provider. Set up your Trust Reconciliation in 3 easy steps.
Register your Trust account with RapidPay
RapidPay accepts bank data feeds from any bank.
Enable bank data feeds with LEAP
Bank transactions are securely fed into LEAP and updated daily.
Reconcile your Trust account transactions
Your bank transactions are automatically matched against those found in LEAP.
*Trust Reconciliation is available for most Australian banks.
Simplify your trust reconciliation*
With RapidPay, you can:
✓ Import bank data straight from your bank
✓ Match bank data against entries found in LEAP
✓ Highlight partially matched transactions with suggested matches
✓ Create suggested transactions where there is no match
✓ Reconcile all matched transactions in bulk
✓ Use bank data to ensure month end regulatory reporting is correct
*Trust Reconciliation is available for most Australian banks.
CONTROLLED MONIES
Take control of your controlled monies
RapidPay directly connects to Macquarie Bank’s controlled monies accounts, helping law firms stay compliant and manage their controlled money accounts at the touch of a button. Setup your Controlled Monies in 3 easy steps.
Register your controlled monies accounts with RapidPay
RapidPay accepts data feeds from Macquarie Bank.
Enable bank data feeds with LEAP
Bank transactions are securely fed into LEAP and updated daily.
Reconcile controlled monies transactions
Your bank transactions are automatically matched against those found in LEAP.
Streamline your controlled money accounting
With RapidPay, you can:
✓ Easily manage controlled money accounts for property and off-the-plan deposits, estate monies or litigation funds
✓ Simultaneously operate multiple controlled money accounts
✓ Open or close accounts on the same day, so you can avoid visiting bank branches and filling out time-consuming forms
✓ Import your bank data directly from Macquarie Bank
✓ Automatically create interest and tax transactions for unmatched transactions
✓ Reconcile all matched transactions in bulk
✓ Ensure end-of-month regulatory reporting is correct and compliant