A monthly three-way reconciliation, ready to sign — not to build.
Bank balance, book balance and the total of the client ledgers must agree every month. Amortivo imports the statement, matches it to the trust ledger and prepares all three figures — then a second person signs it off and it's kept as a PDF.
Step by step
- Import the statementCSV or OFX from online banking.
- Match the linesAutomatic matches for payments, advances and distributions; suggestions for the rest.
- Review the three figuresAdjusted bank, book and client ledgers, with outstanding items listed.
- Sign offSent for sign-off; the signer can't be the preparer and re-enters their password.
What changes
- Hours, not days, at month end
- Evidence of control for regulators
- Errors found while they're small
Used by
- Mortgage administrators
- Accountants
- Compliance officers
Capabilities
Bank import
CSV and OFX/QFX statements.
Auto-matching
By amount, date and reference.
Outstanding items
Deposits in transit and uncleared payments.
Second-person sign-off
Enforced, with password re-check.
PDF record
Every signed reconciliation kept.
Month locking
Reconciled lines are locked against change.
Questions about three-way trust reconciliation
What does three-way mean?
The adjusted bank balance, the trust book balance and the total of the client ledgers all agree.
Works together with
Trust ledger
A trust ledger posted automatically from payments, advances and distributions, with sub-ledgers for each lender, the company, borrower reserves and holdbacks.
Learn more →Operating bank reconciliation
Import operating bank statements, match lines to journals automatically, create journals from bank lines and sign off a monthly two-way reconciliation.
Learn more →Trust transfers
Transfer the company's earned spread and fees from trust to operating, with the maximum calculated for you and a different person required to approve.
Learn more →See your loan book in Amortivo.
A 30-minute walkthrough with your own scenarios — origination to investor payout.