Trust Entities

What is a trust entity?

A trust entity represents a family trust, discretionary trust, or other trust structure. Track the trust's assets, liabilities, and distributions separately from personal or business finances.

Setting up a trust entity

1. Go to Settings > Entities and click Add Entity
2. Select Trust as the entity type
3. Enter the trust name and ABN (optional)
4. Click Create

What you can track

• Trust assets — investment properties, share portfolios, bank accounts
• Trust liabilities — loans, mortgages held by the trust
• Transactions — import and categorise trust account statements
• Distributions — track income distributions to beneficiaries

When to use a trust entity

Create a trust entity when you:

• Manage a family or discretionary trust
• Need to track trust assets separately from personal assets
• Want to monitor trust-level income and expenses
• Need visibility into the trust's overall financial position