Trust Accounting applies to parts of Australia and New Zealand.

Money received (either from a direct student or agent) in advance of arrival is set aside in a protected bank account.
Money is taken from the account according to a predefined set of rules. In general, the rules allow a certain amount to be claimed prior to arrival and then proportionate to the stay of the student.
The system allows the rules to be entered and a report produced (in summary or detail) giving a list of the students and the amount of "cash" that should be left in the Trust account.
The total allows the school to "balance" the Trust account by either increasing or decreasing the balance.

The system also produces a list of "unallocated" cash to allows the user to determine how much of this cash should be included in the Trust account total.