A TrustBooks alternative for three-way reconciliation
TrustBooks is full trust accounting software from $59/month. If you already keep your ledger elsewhere and just need the monthly three-way reconciliation, Tiesheet does it in your browser.
TrustBooks is a complete trust accounting system: you record trust transactions in it and it reconciles automatically. Tiesheet is narrower — it reconciles the ledger you already keep (QuickBooks, a spreadsheet, your practice software) against the bank, without moving your books.
| Tiesheet | TrustBooks | |
|---|---|---|
| Where it runs | In your browser tab. No account; bank and ledger data are never uploaded. | Hosted software with an account; integrates with Clio, LawPay and PracticePanther (their page). |
| Price | Free to reconcile and check any account and print with up to 10 client ledgers. Pro: $12 for 7 days, $24/month or $199/year. | Plans at $59, $79 and $249 per month; extra users $10/user/month; 14-day trial. |
| What you bring | Your bank's CSV/Excel export and a trust ledger export (any software or spreadsheet). | You keep your trust books in TrustBooks. |
| Three-way reconciliation | Yes — from your files, with client ledger totals and checks. | Yes, automatic. |
Choose TrustBooks if you want a dedicated trust ledger with integrations or someone else to do the reconciliation. Choose Tiesheet if your ledger already lives somewhere you're happy with and you want the monthly three-way report for $24/month — or $12 for the one week a month you need it.
Competitor details checked on 2026-10-27 from their public pages: TrustBooks pricing. Prices change — check their site for the current offer. Product names are trademarks of their owners; we are not affiliated with them.
FAQ
Do I need to move my trust records into Tiesheet?
No. Tiesheet reads exports each month and keeps nothing; your ledger stays where it is.
What is a three-way reconciliation?
It shows that three balances agree on the same date: the bank statement balance adjusted for outstanding checks and deposits in transit, the trust account ledger (checkbook) balance, and the total of all individual client ledger balances. Lawyers with client trust (IOLTA) accounts and real estate brokers holding escrow funds are generally required to do it regularly; how often depends on your state.
Is my data uploaded?
No. Your files are read by JavaScript in your browser tab and never sent to us or anyone else. Transactions aren't stored at all. With Pro you can choose to keep this month's outstanding items in this browser for next month.
Which files can I use?
CSV, tab-separated or Excel exports. The bank file needs a date and an amount (or deposit and withdrawal columns); a check number and running balance help. The ledger needs a date, an amount and a client, matter, owner or tenant column on each line. QuickBooks-style reports grouped under client headings work. Download the templates to see the layout.
What's free?
Matching, the three-way summary, outstanding items and every check, for any number of transactions. The printed report and CSV list up to 10 client ledgers with a small footer. Pro lists every client ledger and adds the Excel workbook, ledger cards and month-to-month carry-forward.
Does it replace my trust accounting software?
No. Tiesheet reconciles the records you already keep; it doesn't record transactions, write checks or connect to your bank. It also doesn't know your state's rules — check them, and have the report reviewed by the responsible lawyer or broker.
Why doesn't the bank balance agree with my ledger?
Usually bank fees or interest that were never recorded, a deposit or check recorded for the wrong amount, or an item outstanding from last month. Tiesheet lists bank transactions missing from the ledger and says when they explain the whole difference.