Representative Payee

Representative Payee is a specialized accounting system for organizations managing the funds of individuals not able to manage their own funds.  Representative Payee, also known as Custodial Checking or Trustee Accounting gives a fiduciary agent, frequently a social service agency or a government entity, the software it needs to manage and account for clients' funds.

For the Trustee or custodian, the software:

  • Combines individual accounts into a one or more combined accounts at a bank.

  • Each client's balances are managed and can be reported separately on a client statement.

  • A revenue and expense and a balance sheet can be generated for each client showing all of their activity and current balances.

  • Control is provided to stop from over-spending client's accounts.

  • Setup recurring cash receipts for monthly support payments to reduce entry.

AccuFund Representative Payee comes in a standard and professional edition for larger organizations that need to control access to client/patient accounts by region or facility.

Several modules may be added to the core system:

  • Client Accounting adds addition demographic tracking and reporting capabilities.

  • Fixed Assets adds the ability to track and inventory assets purchased for clients.

  • Purchasing allows the setup of encumbrances to reserve funds for special purposes and limit spending of available cash balances.

For trustees or custodial managers, the AccuFund Representative Payee system provides a complete solution for any organization managing more than just a few custodial/trust accounts.

For more detailed information  [click here].

To read an informative case study [click here].

For a demonstration or to speak with an AccuFund representative, [contact us].

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Accounting solutions:

sales: 877-872-2228 x215 sales@AccuFund.com

Fund Raising (CRM) solutions:

sales: 877-872-2228 x272 CRMsales@accufund.com

Check out the EVENTS page for a list of seminars, trade shows and webinars for 2014.

Check out how AccuFund compares to other products. This page shows you all the features that are included in the core version of AccuFund.