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.

Let’s chat!

Call (03) 9069 8688

Your books this week

Up to date

Bank feeds reconciled

All accounts

Bills coded with GST

Done

Pay run and STP

Lodged

Overdue invoices chased

Followed up

Checked by Marissa’s team

In short

In short:Elephant Advisory specialises in bookkeeping for real estate agents and agencies, covering commission income, trust account obligations and compliance requirements most bookkeepers aren't equipped to handle.

Led by Marissa Moro, Director & Head of Bookkeeping · 8+ years in bookkeeping.

Our approach

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.

What we handle

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.

What we do, and when

Your bookkeeping rhythm

The same checklist every period, so nothing slips between BAS quarters.

Weekly

Reconcile bank and card feeds
Enter and code bills
Send and chase invoices
Process pay runs and STP

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 (Payday Super)
Tracking categories by service or location

Profit and loss and cash summary
Aged receivables and payables review
Super paid with wages (Payday Super)
Tracking categories by service or location

Quarterly

BAS prepared and lodged on time
GST and PAYG reviewed for errors
Handover to your accountant

BAS prepared and lodged on time
GST and PAYG reviewed for errors
Handover to your accountant

Packages

Pick the level that fits

Fixed monthly fees, scoped to your transaction volume and pay runs.

Essentials

Fixed monthly fee

Monthly reconciliation and quarterly BAS for sole traders and small teams.

Get a quote

Growth

Fixed monthly fee

Weekly bookkeeping, payroll, debtor follow-up and a monthly report.

Get a quote

Complete

Fixed monthly fee

Everything in Growth plus tracking by location or service and a CFO-style review.

Get a quote

Why us

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

Is it time?

Signs your books need help

Reconciliations are weeks or months behind

BAS time is a scramble every quarter

You’ve hired your first employee

You don’t trust your reports to make decisions

“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 Marissa’s profile

Real estate: see how our accounting, bookkeeping, loans and advisory work together for your industry.See the real estate hub →

FAQ

Let's clear a few things up.

Real estate bookkeeping involves commission tracking, settlement timing, and BAS obligations that require accuracy and consistency. Outsourcing means your records are always current, your compliance is always met, and you can focus on listings and clients.

Yes. We track your commission income correctly across different settlement timelines so your books always reflect what has been earned, what has been received, and what is still outstanding.

Yes. While we do not manage trust accounts directly, we make sure the bookkeeping around your trust account is handled correctly and your financial reporting reflects your obligations accurately.

We build forecasts around your settlement pipeline and commission cycles so you always have a clear forward view of your cash position between deals.

Yes. We connect Xero with the apps most relevant to your business so your financial data flows through automatically and your reporting is always current without manual data entry.

Our pricing is tailored to the size and complexity of your business. Book a free consultation and we will walk you through your options clearly before any work begins.

Related services

Real estate accountants

Payroll services

Xero bookkeeping

Get your weekends back.

Tell us about your business and we’ll quote a fixed monthly fee.

Get a quote

(03) 9069 8688

Sometimes the hardest part is reaching out — but once you do, we’ll make the rest easy.

Let’s chat!

Phone

(03) 9069 8688

info@elephantadvisory.com.au

Address

Unit 16 105/111 Ricketts Rd
Mount Waverley VIC 3149

OFFICE HOURS

Mon to Fri: 8.30am - 6.00pm
By appointment only.

Credit Guide

Terms & Conditions

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. Accounting and tax services are provided by Elephant Tax Pty Ltd (ABN 39 626 563 755), bookkeeping by Elephant Bookkeeping Pty Ltd (ABN 49 682 979 139), digital marketing by Elephant Digital Pty Ltd (ABN 72 692 273 091) and offshore staffing by Elephant Teams Pty Ltd (ABN 24 656 874 789).

Sometimes the hardest part is reaching out — but once you do, we’ll make the rest easy.

Let’s chat!

Phone

(03) 9069 8688

info@elephantadvisory.com.au

Address

Unit 16 105/111 Ricketts Rd
Mount Waverley VIC 3149

OFFICE HOURS

Mon to Fri: 8.30am - 6.00pm
By appointment only.