Trust accounting

Trust accounts and ledgers, directly within MantisProperty

No need for third party trust accounting software. MantisProperty includes a fully functional trust accounting system built for real estate and business sales, plus trust accounting for commercial and residential leasing.

Trust account reconciliation in MantisProperty

Trust accounting is included in MantisProperty Sales and MantisProperty PM ($245 a month inc GST each) and MantisProperty Full Office ($299 a month), each with 10 users and a free 14 day trial.

Trust accounting made simple

Keep track of all money coming in and out of your trust accounts for each sales contract and tenancy.

  • Support for both sales and rental or leasing trust accounting
  • Set up as many trust accounts and ledgers as you need without restrictions or extra fees
  • Automatic tracking of transactions across sales contracts and leases
  • Disburse funds at the click of a button
  • Built in invoicing to track payments and pay invoices from trust accounts
  • Extensive reporting and auditing facilities

Ready for your audit

Reconcile trust accounts and keep every report in one place.

  • Reconcile trust accounts and permanently store archived reconciliation reports
  • Access archived reports at any time if your auditor or regulator asks for records
  • Trust ledgers, receipt and payment records and monthly reconciliation reports

Every Australian state and territory

Trust accounting is regulated at state and territory level, and each jurisdiction sets its own rules on reconciliation, record retention and audit.

  • NSW: Property and Stock Agents Act 2002
  • VIC: Estate Agents Act 1980
  • QLD: Agents Financial Administration Act 2014
  • WA: Real Estate and Business Agents Act 1978
  • SA: Land Agents Act 1994 and Land and Business (Sale and Conveyancing) Act 1994
  • TAS: Property Agents and Land Transactions Act 2016
  • ACT: Agents Act 2003
  • NT: Agents Licensing Act 1979
Pricing

Included in these plans

Prices in AUD inc GST. Every plan includes 10 users, $0 setup and no lock-in contract.

MantisProperty Sales$245 /monthEverything in Basic plus proposals, QR check-ins, offers, trust accounting, contracts and the Mantis Sales app.Start free trial
MantisProperty PM$245 /monthEverything in Basic plus condition reports, applications, leases, maintenance, trust accounting and the Mantis PM app.Start free trial
BEST VALUEMantisProperty Full Office$299 /monthEvery Sales and PM feature in one account, both apps, one contact database.Start free trial

Compare all plans

Questions

Common questions

Does MantisProperty give legal or accounting advice?

No. Agencies remain responsible for meeting their own state's or territory's legislative requirements. MantisProperty provides the records and reports.

Is trust accounting an extra cost?

No. It is included in MantisProperty Sales, MantisProperty PM and MantisProperty Full Office.

Try it free for 14 days, with both apps.

No credit card. No setup fee. Book a free Zoom walkthrough once you're in.

Start free trial Book a demo