Features Highlights
- BuildTrust is the accounting software for builders to help them stay compliant with statutory trust accounting requirements. How is statutory trust accounting software any different to other bookkeeping or accounting software? Accounting firms can help head contactors explain the difference and also advise them on how to stay compliant. How to enter journals, produce trial balance and whether they are correct or not; in general accounting firms are considered as trusted advisors to help builders stay compliant.
- Since accounting firms have been helping out builders with other QBCC financial reports, they already have other financial data and hence to meet this latest statutory trust accounting requirements, it’s easier if the builder (trustee) just invites the accounting firm to manage the BuildTrust account/subscription. Whether you are a head contractor or an accounting firm helping them, you can go online and subscribe to BuildTrust.
- Our multi layered architecture makes it easier for both the accounting firms and builders (trustee) to work on the same file without having to chase for the information. Accounting firms can make sure that the book keeping / accounting work is performed correctly as per the QBCC requirements and all the reports are up to date and ready for the auditors to review in a timely manner.
