Why Motor Dealers Choose TrustSoft for Trust Account Management
Managing client funds, vehicle sales deposits, and finance transactions securely and compliantly is crucial for motor dealers across Australia. TrustSoft is purpose-built to meet the complex trust and escrow accounting needs of motor dealers, helping you streamline your financial management while ensuring full compliance with Australian and international regulations.
With TrustSoft, motor dealers can:
- Maintain full control over client deposits and trust funds with statutory trust accounts linked to your bank
- Ensure compliance with Australian trust accounting laws and motor dealer regulations
- Automate transaction recording, reconciliation, and reporting to reduce errors and save time
- Generate audit-ready reports instantly for transparency and regulatory compliance
- Access dedicated Australian-based support for timely expert assistance
About TrustSoft: Designed Specifically for Motor Dealers
About TrustSoft: Designed Specifically for Motor Dealers
TrustSoft was developed in Australia by IT and accounting professionals with deep knowledge of trust accounting and motor dealer industry requirements. Generic accounting software often lacks the features and compliance controls needed by motor dealers managing trust funds and complex transactions.
Our software platform offers:
- Tailored trust accounting workflows for motor dealers
- Compliance with statutory trust account regulations and motor dealer licensing requirements
- User-friendly interface designed for motor dealership operations
- Integrated AML/CTF compliance tools*
- Robust reporting and audit trail capabilities
TrustSoft empowers motor dealers to confidently manage client funds, ensuring accuracy, compliance, and operational efficiency.
Key Features for Motor Dealers
Trust Account Management
State-specific compliance for NSW, VIC, QLD – Track buyer deposits, refunds, and vehicle payments with auto-allocations to meet Fair Trading requirements.
Automated Bank Reconciliation
Reconcile your trust account by Syncing with 50+ Australian banks for automatic bank feeds or upload .csv files. Flag discrepancies instantly to prevent audit penalties
Compliance Reporting
State-specific compliance for NSW, VIC, QLD – Track buyer deposits, refunds, and vehicle payments with auto-allocations to meet Fair Trading requirements.
Vehicle & Asset Tracking
Manage mixed-use portfolios: Track shopping centres (retail + strata), serviced offices (per-desk billing), venue hire (event-based trusts), and commercial offices in one platform
Integrations
State-specific compliance for NSW, VIC, QLD – Track buyer deposits, refunds, and vehicle payments with auto-allocations to meet Fair Trading requirements.
Contract Management
Manage contracts and variations and other supporting docs
Simple and Transparent Multi-Tier Pricing
Professional
Monthly
This plan includes:
- 1 Trust
- Import Bankfeeds via CSV
- Up to 2 Users
- Organizations
- Trusts
- Integration for direct Bank Feeds
- Trust Payments & Trust Receipts
- Import Contacts, Suppliers, Beneficiaries
- Dashboard
- .ABA File Management
- Bank Reconciliation
- How to produce reports for auditors
Hybrid Most Popular
Monthly
This plan includes:
- Up to 5 Trusts
- Automatic Bank feeds
- Up to 5 Users
- Organizations
- Trusts
- Integration for direct Bank Feeds
- Trust Payments & Trust Receipts
- Import Contacts, Suppliers, Beneficiaries
- Dashboard
- .ABA File Management
- Bank Reconciliation
- How to produce reports for auditors
Ultimate
Monthly
This plan includes:
- Up To 15 Trusts
- Automatic Bankfeeds
- Up to 15 Users
- Organizations
- Trusts
- Integration for direct Bank Feeds
- Trust Payments & Trust Receipts
- Import Contacts, Suppliers, Beneficiaries
- Dashboard
- .ABA File Management
- Bank Reconciliation
- How to produce reports for auditors
All plans include
- Manage Assets and Sub assets
- Client Statements
- Automated Reports for Auditors
- Streamline State and Industry Regulatory Compliance
- No Hidden Fees
- Generate .aba files
- Integrated with Xero
- Audit trail
- AI agent based chat and phone support
Benefits of Using TrustSoft for Motor Dealers
- Increase Operational Efficiency: Streamline trust accounting and focus on growing your dealership.
- Enhance Accuracy: Automated workflows reduce errors and improve financial integrity.
- Build Customer Confidence: Transparent and compliant trust management builds trust with buyers and financiers.
- Stay Fully Compliant: Easily meet all statutory trust account and motor dealer licensing obligations.
- Grow Your Business: Spend more time selling and servicing vehicles while TrustSoft handles accounting.
Join Australia’s Leading Motor Dealers Using TrustSoft
Discover why motor dealers across Australia rely on TrustSoft to manage their trust and escrow accounts securely and compliantly. Join our community and experience the benefits of a purpose-built trust accounting solution tailored for your industry.
Ready to Simplify Your Motor Dealership Trust Accounting?
Request a free demo or start your trial today!
Get started with TrustSoft today!
Blogs
How to Avoid $11k Fines: Motor Dealer Trust Account Compliance in NSW vs. VIC vs. QLD
Trust accounting mistakes can lead to fines of up to $11,000, making compliance essential for real estate agencies. Regulations vary between NSW, VIC, and QLD, with each state having specific rules around reconciliations, record-keeping, and reporting. Many agencies unknowingly breach these requirements due to a lack of understanding, putting their licenses and finances at risk. […]
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