Trust Accounting Support

Accurate trust accounting is critical to compliance, audit readiness, and client confidence. We provide specialist support to stabilise, correct, and maintain strata trust accounts, whether you are managing routine reconciliations or dealing with inherited historical issues.

Our work focuses on restoring accuracy, transparency, and control across all trust accounting functions. This includes reconciliations, compliance support, and accounts payable processes.

What We Help With

• Bank reconciliations, including multi-period and historical catch-ups
• GST reconciliations and BAS support
• Identification and resolution of unreconciled, unallocated, or unidentified funds
• Validation of trust balances, levies in advance, and owner contributions
• Review and correction of posting errors, journals, and ledger inconsistencies
• Preparation for audits, handovers, and regulatory review
• Accounts payable support, including invoice review, allocation, and payment accuracy
• Review of accounts payable workflows, approvals, and internal controls
• Support with accounts payable backlogs, processing issues, or inherited problems

How We Work

We take a methodical, evidence based approach, working directly within your existing systems to reconcile data, verify balances, manage accounts payable processes, and document outcomes clearly.

Issues are addressed at their source to ensure results that stand up to scrutiny. Where required, trust accounting support can transition into process improvement or knowledge transfer to reduce the risk of repeat issues.

Outcome

Clear and defensible trust accounts with reconciled balances, reliable accounts payable processes, improved confidence in reporting, and reduced compliance risk. This provides a solid foundation for ongoing operations and peace of mind for strata managers.

Flexible Engagement Options

Both services can be delivered:

• As ad-hoc support, when needed, or
• As part of a monthly retainer, providing ongoing, predictable assistance and operational continuity.