triConvey Compliance & Trust Accounting
Compliance & Trust Accounting
triConvey trust accounting remains compliant and audit approved according to each respective state requirements.
The Trust Accoutning function of triConvey is and will remain compliant to the law and standards held in Queensland, New South Wales and Victoria as per the respective state law society approval. This is to ensure you are able to conduct your Matters insured that triConvey remains a safe practice management system for your firm.
See more information below on specific state legislation and how triConvey remains compliant.
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).
Trust accounting 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).
According to the Victorian Legal Services Board + Commissioner, property lawyers and conveyancers can outsource trust accounting to an external trust accounting software as examined and certified by the Trust Accounts Department of the NSW Law Society.
Therefore, triSearch trust accounting remains compliant as stated in the New South Wales Compliance section.
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.”
As per the Legal Profession Regulation 2007, triSearch and its property law specific products, like triConvey, provide trust accounting which meets all requirements, is fully compliant and has passed QLS audits.