reapit pm trust accounting
End the daily receipting and reconciliation grind
If trust accounting is chewing through your day, it’s time for a better way. Reapit PM + TrustIQ delivers instant matching, real‑time reconciliation, lower fees, and no audits, all while keeping every dollar fully compliant.
If this is what your day looks like,
TrustIQ is built for you
Reapit PM + TrustIQ
TrustIQ fixes the real problems
agencies battle every day
Payments match instantly, with no sorting, guessing, or chasing.
Reconciliation happens automatically in the background. No mismatches. No panic.
Reduce failed payments and eliminate costly third‑party fees.
Reapit handles audits for you. You stay compliant without the stress.
Automation replaces repetitive admin so your team can focus on actual agency work.
TrustIQ powers trust accounting in PM Premium, and Reapit Lettings is included at no extra cost.
Why agencies choose TrustIQ
Built for Australian statutory trust requirements - TrustIQ follows the exact rules agencies operate under, with no guesswork or grey areas.
Daily oversight from experts - Our team checks payment data every day, catching issues before they become problems.
A workflow your whole team can rely on - Clear dashboards show what’s done and what’s left, so anyone can pick up where you left off.
Ready to take the next step?
Click the button below to fill out our form and our team will be in touch!
Frequently Asked Questions
Reapit becomes a genuine partner with your agency, meaning we partner with you - taking on the risk of managing a trust account. We’re not just owning the trust and the risk/compliance obligations entailed, but also volume negotiation with banks and vendors. Your agency is future-proof, because if there is an economic decline, our fees reduce too.
Reapit has backed more than 30 years of trust accounting solutions in ANZ, and with TrustIQ – a proven solution that today has processed billions of dollars in rental payments in overseas markets, we’re confident that your funds are managed with care and precision.
By Reapit holding your trust account, this allows our advanced solution and your dedicated trust account to function seamlessly as a unified entity. This is crucial to the design of our solution - as this is what will enable direct, real-time connection and incredible accuracy. It means Reapit assumes direct responsibility for the underlying compliance of these trust accounts alongside your agency (we have a registered real estate license and are fully compliant nationwide). It's about removing the burden of compliance, risk management, and meticulous oversight by working together as a true partnership with reconciliation expertise.
Expert Global Reconciliation & Proactive Risk Identification
Your trust account is safeguarded against errors or fraud by our dedicated team. With decades of institutional knowledge to analyse payment data daily, we will proactively identify at-risk transactions (e.g., unusual amounts, suspicious timing) much earlier.
Outsourced Compliance & Unparalleled Transparency
Effectively outsource significant reporting and compliance obligations, freeing your team to focus on property management. The system offers greater transparency, allowing you to follow every transaction with greater detail than conventional market solutions, ensuring you're always audit-ready.
Yes! You can treat your trust accounting as just another day, audits taken care of, no stress come end of month. You can always pick up where you left off with our intuitive dashboard showing you what’s left to do for the day. This is also helpful for if you take a holiday, are off sick, or need another colleague to have oversight into your agency trust accounting.
No, we believe the safest place for your client’s money is within a statutory trust account. Reapit PM + TrustIQ ensures that you operate within the regulatory requirements of every state in Australia. With Reapit, you can be confident that you’re meeting these obligations, all while reducing risk. We dedicate a trust account individually to your agency. We encourage you to read this article about the pitfalls of trustless accounting systems, as many organisations don’t have the financial licenses for these services, meaning they push the blame onto your agency if anything goes wrong.
Payments becomes smooth, simple, and flexible. They can pay their rent in the way that works best for them with FREE payment options and no friction. Console Pay, Direct Deposit, PayID and PayTo options will be available where the experience feels modern, professional, and seamless – all while reflecting well on your agency.