Trust Accounting
Trust accounting compliance records for Australian real estate agencies
Log reconciliations, track transactions, store monthly reports, and upload your annual audit report — all in one place, always ready for inspection.
Start free 14-day trial →What REA Hub's trust accounting module covers
Trust accounting is one of the highest-risk areas of real estate compliance. Deficiencies discovered during an annual audit can result in licence suspension or cancellation. REA Hub gives your agency a structured, auditable record of every trust accounting compliance activity.
Account reconciliation records
Record each trust account, log your monthly reconciliation status, and attach supporting documentation. Build a complete reconciliation history over time.
Transaction log
Log credits and debits against individual trust accounts with descriptions, dates, and amounts. Filter by account to review activity at any time.
Monthly trust reports
Upload monthly reconciliation reports for each account and period. Store the PDF alongside notes about variances or exceptions for each month.
Annual audit report storage
Upload your annual trust audit report, record the auditor's name and financial year, and store it permanently in your compliance records.
Frequently asked questions
What trust accounting records must NSW real estate agencies keep?
Under the Property and Stock Agents Act 2002 and the Property and Stock Agents Regulation 2022, NSW real estate agencies must maintain a trust account ledger, record every receipt and disbursement, reconcile accounts at least monthly, and have accounts audited annually by an approved auditor.
How does REA Hub help with trust account reconciliation?
REA Hub's Account Reconciliation module lets you record trust accounts, log credits and debits, and store monthly reconciliation reports with supporting files. It provides a clear audit trail of every transaction and reconciliation period.
Can I store my annual trust audit report in REA Hub?
Yes. The Audit Reports section under Trust Accounting lets you upload your annual audit report PDF, record the financial year, auditor name, and any notes. All uploads are stored securely and linked to your organisation.
Is REA Hub a trust accounting software like Console or PropertyMe?
No. REA Hub is a compliance management and record-keeping platform — not a trust accounting ledger system. It is designed to sit alongside your existing property management software, storing the compliance evidence and documentation that auditors require.
Which states require annual trust account audits for real estate agencies?
All Australian states and territories require real estate trust accounts to be audited annually by an approved auditor. The specific legislation varies: NSW (Property and Stock Agents Act 2002), VIC (Estate Agents Act 1980), QLD (Property Occupations Act 2014), WA (Real Estate and Business Agents Act 1978).
Trust account compliance shouldn't be stressful.
Centralise your records. Walk into your next audit prepared.
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