Reliable QBCC Trust Requirements for Your Business

  • Feb 04, 2025
  • | 20

Meeting QBCC trust requirements is a critical task for trustees in Queensland's building sector, and BuildTrust® provides a tailored software solution to simplify this process. By automating key functions like ledger creation, reconciliation, and data archiving, our software ensures compliance with the BIF Act without the hassle of manual errors. With features designed specifically to meet QBCC's standards, this software empowers builders and contractors to manage their trust accounts effectively and securely.

  • Automated Ledger Management: Creates and updates ledgers with every transaction for accurate recordkeeping within three business days.
  • Error-Free Reconciliation: Matches bank and ledger balances monthly, ensuring precision and minimising discrepancies.
  • Audit-Readiness: Offers instant access to detailed, compliant records for regulatory audits.

Designed for ease of use, BuildTrust® makes managing trust accounts effortless. Beneficiary transactions, error corrections, and compliance reporting are all simplified with features like .aba file generation, invoice integration, and automated GST calculations. We also support retention trust accounts, making it a one-stop solution for managing project and retention funds while keeping your processes compliant with the QBCC guidelines.

Stay prepared for audits and safeguard your subcontractor payments with ISO27001-certified data protection. We ensures your trust accounts remain transparent, up-to-date, and aligned with legislative standards.

Discover how BuildTrust® can transform your approach to managing QBCC trust requirements. Contact us today for a free demo and experience a smarter way to achieve compliance!