Last Updated
Overview
Isokon provides an accounting system specifically for private client law, enhancing efficiency and profitability. Although the platform does not offer API coverage, its comprehensive features, including document and event management, justify the investment. Overall, Isokon might be a compelling choice for companies looking for one probate system.
Be the first one to leave a review!
No review found
Starting Price
Custom
Isokon Specifications
Case Management
Document Management
Trust Accounting
Court Calendaring & Scheduling
What Is Isokon?
Isokon software is a leading private client solution, built on an accounting engine to manage complex estates accurately. It helps medium-to-large practices solve challenges, such as calculating intricate capital gains tax liabilities and automating precise estate accounts. By using this integrated system, practitioners gain complete financial control over detailed financial postings, ensuring efficiency and superior risk management for every matter.
Isokon Pricing
Isokon Integrations
Who Is Isokon For?
Isokon software caters to the following industries and sectors:
- Security
- Legal
- Accounting
Is Isokon Right For You?
If your practice handles significant private client volume, Isokon might offer an unmatched competitive advantage. The software plays an important role in achieving recognized quality marks like Lexcel accreditation, confirming the high standards of compliance and risk management. The Isokon features are perfect for managing large, complex estates, ensuring regulatory compliance, and minimizing professional indemnity risk effectively.
Still have doubts about Isokon software? Connect with our customer support team at (661) 384-7070, who will clear up all your doubts to help you make an informed decision.
Isokon Features
Isokon features a case management module that leverages a comprehensive precedent library and system data. It automatically generates custom documents, including final and interim estate accounts, which are fully editable in your preferred word processor. Users can tailor templates to reflect specific house styles, enhancing document production speed.
This functionality offers detailed reports and ‘What If’ calculations through notional disposals. Users can estimate and substantially reduce CGT liability by accurately calculating loss or gain after indexation and taper relief. The platform provides a crucial snapshot of the CGT position for optimizing exemptions and necessary set-offs.
Isokon software simplifies statutory compliance by providing comprehensive inheritance tax forms, including the full IHT400 suite and all ancillary tax schedules. Beyond compliance, it generates essential supporting documents like the R185 for beneficiary income and the 922 for personal representatives, ensuring accurate income tracking and comprehensive reporting
The platform ensures financial accuracy and detailed control over estate finances. It tracks all assets and liabilities, records income throughout administration, and rapidly assesses the estate’s net worth. The system supports streamlined document production, merging data with templates for seamless forms generation and compliance.
This feature empowers professional deputies to manage casework efficiently, reducing repetitive data entry into crucial COP and OPG forms. Accurate financial reports, including deputyship and client assets reports, are generated instantly, eliminating manual calculations.
