{"schema":"exacc.help.page/1","url":"https://exacc.au/help/set-up-trust-account/","title":"Set up your trust account","description":"Set up the trust account tax agents use for clients' ATO refunds: the trust bank account, ABA file settings, default fees and where fees are posted.","category":"Trust Account","summary":"Open **Business › Trust Account › Settings**. Enter the trust account's **BSB**, **Account No** and **Name of account** (the ABA settings fill in from the BSB), the default job type and fee, the **Payment method** and **Post fees to Account**, and save. One trust account per business file.","lastVerified":"2026-10-10","apps":["app"],"processIds":[],"start":{"label":"Open Trust Account Settings","url":"https://app.exacc.au/{dbId}/trust-acc/settings"},"menuPath":["Business","Sales","Trust Account","Settings"],"before":["Full access to the business file (only full-access users can change the bank details).","To request refund reports from the ATO: the practice's tax agent number (TAN / RAN), agent type and SSID on your subscriber record, and the file linked to the ATO."],"steps":[{"step":1,"title":"Trust Account details","body":["Open **Business › Trust Account** and click **Settings**. Under **Trust Account details** enter the **BSB**, **Account No** and **Name of account**. When you leave the BSB, Exacc fills in the ABA settings (\"Bank ABA settings loaded successfully!\")."],"url":"https://app.exacc.au/{dbId}/trust-acc/settings","image":"https://exacc.au/help/set-up-trust-account/step-1.png"},{"step":2,"title":"ABA file configuration","body":["Check **Bank Code** (3 letters) and **User ID** (6 digits) from your bank, and **File is Balancing** if your bank wants a balancing line. These are used for payout files."]},{"step":3,"title":"Main settings","body":[],"fields":[{"name":"Default Job Type and Default Charge of Fees","help":"how new jobs and fees are set up.","required":true},{"name":"Date format on transactions","help":"how dates print on statements, e.g. dd/mm/yyyy.","required":true},{"name":"Payment method and Post fees to Account","help":"how fees paid out of trust are recorded against the client's invoices."}]}],"sections":[{"heading":"One trust account","body":["Each business file has one trust account. There are no trust account structures or separate ledgers by account type."]}],"related":["https://exacc.au/help/import-ato-refund-report/","https://exacc.au/help/trust-account-jobs/","https://exacc.au/help/pay-out-trust-refunds/","https://exacc.au/help/link-exacc-to-ato/"],"linkNote":"Links containing {dbId} open that screen in the business file whose id is dbId. A person can also open this help page with ?db=<dbId> to get the same links as buttons."}