Expenses and Statements

Author: netki, November 16, 2015

We run a trust account for all rental and bond monies which is audited every year.  Each year we have been audited, we’ve received a clean slate with no exceptions reported to Fair Trading.  We take the responsibility of trust monies very seriously and reconcile this account every banking day.

We’ll take care of paying your council rates, water rates, strata levies and any maintenance expenses.  Your rental monies less any expenses will be transferred to you at the end of each month and an electronic statement with all paid invoices will be emailed to you at the same time.

At the end of each financial year, you’ll receive an electronic statement summarising your income and expenses.  Just forward this to your accountant and they will take care of the rest.  It’s that easy.