Understanding new OneGov Registration Requirements

Are you a property professional working in the Real Estate industry and still confused about which accounts require registration with OneGov by the 30th June 2015? See our simple infographic showing which accounts do and don’t need registration.

Don’t forget the deadline to register existing trust accounts is fast approaching. You have until midnight on the 30th June 2015 to register and meet your statutory obligations.

If you haven’t done so already you will need to contact your trust accounting software provider to ensure that the Unique Identifying Number is able to be displayed across all of your trust accounting reports. If you’re doing your trust accounting manually, this number will need to be handwritten onto the monthly reports for auditing purposes.

Have you registered your existing accounts with OneGov as yet? Have you found the process easy or difficult? We would love to hear your feedback and thoughts.

~ Jane Morgan is the Director of End of Month Angels, a consultancy firm specialising in Trust Accounting. Jane knows the legislative requirements of running a successful Real Estate office through her 18 years industry experience. Don’t trust just anyone with your trust accounting. Trust End of Month Angels and get back to what you do best – growing your business.