Real Estate Bookkeeping

Bookkeeping · Melbourne

A home for all your real estate bookkeeping needs.

A home for all your real estate bookkeeping needs.

A home for all your real estate bookkeeping needs.

Real estate businesses deal with commission income, trust account obligations, and compliance requirements that most bookkeepers are not equipped to handle. We specialise in bookkeeping for agents, property managers, buyer’s agents, and mortgage brokers across Melbourne.

Real estate businesses deal with commission income, trust account obligations, and compliance requirements that most bookkeepers are not equipped to handle. We specialise in bookkeeping for agents, property managers, buyer’s agents, and mortgage brokers across Melbourne.

Marissa Moro

Director & Head of Bookkeeping

Real estate bookkeeping requires someone who understands the industry.

Commission-based income, trust account reporting, and property transaction compliance all demand a bookkeeper who understands real estate from the inside.

Accountability

Real estate businesses face significant compliance obligations. We make sure every record, lodgement, and report is prepared accurately and on time so your licence and your business are never at risk.

Specialist Knowledge

We work with real estate agents, property managers, buyer's agents, conveyancers, and mortgage brokers every day and understand the specific bookkeeping challenges each business type faces.

Streamlined Operations

We connect the right apps to Xero, reduce manual work, and build efficient bookkeeping processes so your finances run smoothly in the background while you focus on listings and clients.

Accurate Reporting

Commission income and settlement timing can make financial reporting complex. We make sure your books always reflect your actual position so you can make informed business decisions.

Tax Efficiency

With accurate, up-to-date books, you and your accountant have everything needed to minimise your tax liability and make the most of every deduction available to your business.

Bookkeeping services built for real estate businesses.

The bookkeeping services real estate businesses rely on to stay accurate, stay compliant, and keep their focus on clients.

Bank Reconciliation

We match your business records with your bank statements and allocate every transaction correctly so your books always reflect your actual financial position.

Payroll and Superannuation

We handle your weekly, fortnightly, or monthly payroll and super compliance so your team is always paid correctly and on time.

Xero Setup and Migration

New to Xero or switching over? We get you set up and connected to your real estate apps so everything flows through automatically from day one.

Payables and Receivables

We organise your invoices and commission payments so everything gets paid on time and outstanding amounts never get overlooked.

Cash Flow Management

We forecast your cash flow so you always have enough to cover costs between settlements and commission cycles, and never get caught short.

BAS and Reporting

We prepare and lodge your BAS accurately and on time, and provide clear performance reports so you always know how your business is tracking.

Your bookkeeping rhythm

Weekly

  • Reconcile bank and card feeds

  • Enter and code bills

  • Send and chase invoices

  • Process pay runs and STP

Monthly

  • Profit and loss and cash summary

  • Aged receivables and payables review

  • Super paid with wages under Payday Super

  • Tracking by service or location

Quarterly

  • BAS prepared and lodged on time

  • GST and PAYG reviewed for errors

  • Handover to your accountant

If these problems sound familiar, you're not alone.

The bookkeeping challenges most real estate businesses face and exactly how we solve them.

Going it alone

Books always behind

Commission income hard to track

Cashflow unpredictable between deals

BAS always last minute

Bookkeeper doesn't get real estate

With Elephant Advisory

Records reconciled and current

Commission income tracked correctly

Forecasting around commission cycles

Every lodgement on time

Specialists with direct industry experience

“At Elephant Advisory, we handle the books so you can focus on the business - with real-time visibility through Xero, wherever you are.”

Your bookkeeping lead

Marissa Moro

Director & Head of Bookkeeping

Marissa has over eight years of bookkeeping experience and a genuine passion for helping businesses take control of their finances. She's proactive, precise, and committed to making bookkeeping easy, accurate, and stress-free for every client she works with. Whether it's reconciling accounts, tracking cash flow, or streamlining financial systems, she's across the detail so you don't have to be.

Read profile

Let's clear a few things up.

No jargon, no runaround - just honest answers.

Why should I outsource bookkeeping for my real estate business?
Can you handle commission income tracking?
Do you understand trust account obligations for real estate businesses?
How do you help real estate businesses manage cash flow?
Can you connect Xero to our real estate software?
How much does real estate bookkeeping cost?

Get your weekends back.

Let’s chat!

Elephant Financial Pty Ltd (ABN 38 611 576 240) trading as Elephant Advisory is an authorised credit representative (ACR 487962) of Yellow Brick Road Aggregation Pty Ltd (formerly Vow Financial Pty Ltd) (ABN 66 138 789 161), Australian Credit Licence 390261.

Elephant Financial Pty Ltd (ABN 38 611 576 240) trading as Elephant Advisory is an authorised credit representative (ACR 487962) of Yellow Brick Road Aggregation Pty Ltd (formerly Vow Financial Pty Ltd) (ABN 66 138 789 161), Australian Credit Licence 390261.

Elephant Financial Pty Ltd (ABN 38 611 576 240) trading as Elephant Advisory is an authorised credit representative (ACR 487962) of Yellow Brick Road Aggregation Pty Ltd (formerly Vow Financial Pty Ltd) (ABN 66 138 789 161), Australian Credit Licence 390261.