Real Estate Accounting Services
TRUST ACCOUNTING
Areas of Practice
- Outsourced Trust Accounting
- Sales Trust Accounting
- Rental Trust Accounting
- Balancing Trust Accounts
- Trouble Shooting
TRAINING
Areas of Practice
- In-house training
- Certificate III in Property Services (agent’s rep)
- Certificate IV in Property Services (Full Licence)
- Time Manangement
- Plus many more Certificates to choose from
ADMINISTRATION
Areas of Practice
- Procedure Manuals (designed to suit your team)
- Pro forma letters
- Data base Health Checks
- Efficiency reviews
- Temp Staff available
From as little as $150.00 per week for Outsourced Trust Accounting*
- Daily receipting on all rents
- Daily Reconciliation of Rental Trust Account
- Daily, weekly, fortnightly or monthly Landlord Statements
- Daily invoicing of Creditors
- Weekly or monthly Creditor Statements
- End of Month Rollover
- End of Financial Year Rollover
- End of Financial Year Landlord Statements
*depending on the size of your portfolio
Money Saving
- Property Manager can now concentrate on BDM, saving another wage
- Trust Accountant wage possibly cut in half, saving 50%
- Superannuation and tax will not be paid on Trust Accountant, saving 9%
- GST is claimable on Trust Accountant, saving 10%
Growth of your rent roll
- Property Managers will have more time to concentrate on business development
Accounting records expertly prepared
- Experienced and qualified staff
- Less errors on your trust account
- In accordance with Estate Agents Act
- Auditing process will be quicker and easier, auditor will be happy
Trust accounts audits
Estate agents must:
- Have their audit reports completed within three months after 30th June each year
- Lodge a copy of the audit report to Consumer Affairs within 10 business days of receiving it from their auditor
For more information – Auditing estate agents trust accounts page on the Consumer Affairs Victoria website
Increased customer service to your landlords
- Property Managers will now have more time to give your landlords the service that they expect
- Clients will appreciate that extra service and refer your office
Useful links
Residential Tenancies Act –
Estate Agents Trust Accounts –