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Trustees must skillfully handle the intricate QBCC trust requirements to avoid financial and legal risks. BuildTrust serves as your guide in this complex landscape. We specialise in the nitty-gritty of managing statutory trust accounts, not the broader financial reporting landscape. While QBCC regulations cast a wide net, our focus is razor-sharp. We help trustees meet their obligations under the BIFOLA Bill 2024 by producing and preserving essential trust records and documents. Key Scenarios for QBCC Trust Requirements Dealing with QBCC trust requirements can pose challenges, especially given the range of reports and documents trustees must handle. Here are key scenarios where BuildTrust can provide assistance: Project Trust Accounts: Track financial transactions and ensure QBCC compliance. Retention Trust Accounts: Manage funds held back for future works or repairs. QBCC Financial Reports: Generate accurate General Ledger and Trial Balance reports. Automatic Bank Feeds: Sync statuto...

Every now and then, trust accounting throws you a curveball. New regulations, complexity with project and retention accounts, and juggling QBCC compliance alongside everyday tasks are enough to make even the most seasoned builder break a sweat. That's where BuildTrust’s online accounting software takes the pressure off. It is designed specifically for builders and trustees in Australia. Simplify Your Trust Accounting with Our Online Accounting Software Cloud-based and Streamlined: Ditch the desktop software and access BuildTrust from anywhere with an internet connection. Automatic bank feeds pull in your transactions, saving you time and minimising errors. Built for QBCC Compliance: Stay on top of the latest regulations with features that help you manage project trust accounts (PTAs) and retention trust accounts (RTAs) seamlessly. Generate QBCC-suggested receipts and produce financial reports that meet their specific formats. Transparent Pricing: Our clear, per-project pricing m...

Sick of trust account headaches slowing down your building projects? BuildTrust is the cloud-based trust accounting software explicitly built for builders like you in Australia. We take the complexity out of managing Project Trust Accounts (PTAs) and Retention Trust Accounts (RTAs) as mandated by the BIFOLA Act update so you can focus on what you do best – creating amazing structures. Streamlined Trust Account Management Effortless Organization: Manage both PTAs and RTAs in one secure platform, eliminating the need for multiple spreadsheets and saving you valuable time. Compliance Made Easy: BuildTrust is designed to meet QBCC guidelines, ensuring your trust accounts are compliant and you avoid any unwanted regulatory hiccups. Seamless Collaboration: Invite your accounting firm to collaborate directly within the software, fostering better communication and a smoother workflow. Why Choose BuildTrust? BuildTrust isn't just any accounting software. We're built by builders, for b...