TMMS
Revenue Processing
- Revenue Setup
- Purchaser, owner, and purchaser's property number are cross-referenced
for easy identification
- Setup of received interest file
- Revenue Suspense Entry
- Tracks check-level information, purchaser, owner, check number,
date, and amount
- Provides control of checks in-process
- Allows for immediate deposit of net check prior to keying
in check line items
- Revenue Check Line Item Entry
- Formatted screens that match check format of purchaser
- All edits done at time of entry
- Line item split among trusts, interest types, or assets in
a trust
- Automatic calculation of statutory depletion allowances
- Operator has no control of posting updates
- Allows for entry of other income and expenses
- Upfeed to trust accounting system by line item or total check
- Revenue Error Processing
- Items not clearing revenue entry are stored in error file
- Review and correction screen for easy correction of errors
- Corrected errors are automatically released during upfeed
process
- Miscellaneous Revenue Entry
- Lease bonus, delay rental, and other income
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ASSET
MANAGEMENT