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Unity’s
database allows you to maintain legal, Know Your Client and other
important information about various types of entities from a central
location. This main screen acts as a hub showing summaries of share
registration, accounting, work-in-progress and billing. This reduces
the time spent searching for important information.
Different types
of legal entity have specific forms that allow data pertinent to
that type of entity to be stored. Entity types that have specific
forms are: Company, Trust, Person, Partnership, Asset. New entity
types may be added my the user.
entity
search
You choose an entity by typing in part of its name or filing reference.
If more than one entity matches, you then get a list of these entities
so you can make your final choice. This reduces errors in duplication
and improves learning time and speed of access.
entity
creation
Press the ‘New’ button, enter a name and entity type
and you have created a new entity. Unity checks automatically for
duplication. New entities can also be created from a template entity,
reducing set-up time and risk of error.
share registration
Companies can be set up with as many share classes as you require.
These can be in any currency and either certificated or not. A full
registration screen lets you process allotments, redemptions, buys
and sells.
reports
There are many standard reports that come with Unity that enable
you to get the information you need. They are very flexible, offering
you a number of ways of sorting, filtering and grouping the information
through an easy-to-use report-launching screen. All statutory reports
are provided including Annual Returns and Register of Directors.
address
Unity’s addresses are stored in free-form format, in a central
location with multiple communication types (telephone, fax, e-mail
etc.) You can link as many addresses to an entity as you like, for
whatever purpose (Registered Office address, Billing address etc.)
relationships
Once created, entities can be linked to other entities for a specified
reason. This could be appointing a person as a director of a company
or the settlor of a trust. This information forms the basis of reports
such as the register of directors and secretaries. Unity comes with
the most common types of relationships but because the list of relationship
types is user-definable the uses are endless.
documents
There are three areas that deal with documents. ‘Safekeeping’
tracks important documents for your clients and gives you the ability
to see quickly where the documents are being held. ‘Dead storage’
lets you see where your dead files are, when they were stored and
when they need to be destroyed. ‘Client folders’ is
a handy link to a network folder giving you instant access to that
client’s electronic documents (e.g. Letters, Accounts.)
know
your client
To keep up with today’s changing regulations, our flexible
money laundering and ‘Know Your Client’ tab lets you
set up checklists and store relevant information.
custom
notes & dates
If you find that Unity does not have a place to store a piece of
information you require, you can use the custom notes and dates.
The dates can also be used as a simple diary or reminder system.
accounting
The ‘accounting’ tab shows the current trial balance
for a client, from which you can print or double click an account
to view the transactions.
work
in progress
The ‘work-in-progress’ tab shows the current time and
expenses for a selected client. You can view in summary or detail
and filter for unauthorised, current or cancelled work-in-progress.
bills
The ‘billing’ tab shows all invoices raised, including
the original bill amount and amount outstanding. You can sort and
filter to find specific bills and re-print a bill from this screen.
Double-clicking on various fields will show you the accounting transactions
for the bill or a list of WIP written off by that bill.
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