For Finance Directors
Trust-grade books, without the reconstruction project
Trust accounting, FICA and POPIA were designed into Atrium's first schema. Every rand is traceable from bank statement to bed - and your GL stays your GL.
The grind today
Sound familiar?
Audit-time archaeology
Trust balances reconstructed from bank exports and spreadsheets, defended line by line when the auditors arrive.
Funder reconciliation pain
Bulk remittances from funders arrive as files that take days to allocate - caps, shortfalls and disputes tracked by hand.
A GL doing operations' job
The general ledger gets abused as a property system because nothing else holds the operational detail.
With Atrium
How Atrium changes it
Trust ledger by design
Client monies tracked in a dedicated, PPRA-aligned trust ledger with full audit history - not derived after the fact.
Accounting & Trust
Automated funder reconciliation
Remittances import and allocate against expected billing; surpluses, shortfalls and disputes are explicit line items.
Billing & Collections
Owner payouts, itemised
Distributions calculated on the ledger with fees and deductions itemised - statements your owners can follow.
Accounting & Trust
GL sync, not GL abuse
Summarised journals flow to Xero or your GL on schedule; the operational detail stays where it belongs.
Integrations & API
The outcome
What good looks like
The measurable state Atrium is built to get you to - anchored on real milestones, not feature checklists.
Trust audit prep measured in hours, not weeks
Bulk funder remittances allocated the day they land
Deposit lifecycle fully tracked from receipt to refund
Clean, summarised journals into the GL
FICA/KYC records and audit logs built into the workflow
Features
Key features
Hover over or tap any feature for a short explanation.
Billing and collections
- Monthly invoices generated from each lease's billing schedule, with rent, parking, recoveries and levies as separate lines.
- Split a lease across tenants, guarantors and funders such as NSFAS, with caps applied and the shortfall billed to the next payer.
- Batch debit order runs, card payments and instant EFT (Ozow, PayShap), with returned debits reflected on accounts automatically.
- Import bank statements and auto-match payments to open invoices, with unknown and duplicate payments flagged.
- Escalating reminders on a schedule, payment arrangements that pause them, and escalation to legal or a TPN listing when needed.
Accounting and trust
- A ring-fenced trust ledger, daily trust reconciliation and an automated PPRA Section 32 inspection report.
- Deposits ring-fenced in trust at lease signing, and settled at move-out against the inspection report within the legal timeframe.
- A multi-entity chart of accounts, a close checklist with period locks, and IFRS income statements and balance sheets.
- VAT calculated on supplier invoices and owner distributions, with a VAT201 schedule ready for filing with SARS.
- Sub-meter readings turned into tenant recovery charges, reconciled against municipal accounts to expose losses.
Compliance and audit
- Time-limited, read-only access for auditors, scoped to specific portfolios and periods.
- Every change to leases, financials and personal data kept in an append-only log, with evidence packs on demand.
- Guided identity verification for tenants, due-diligence checks before any trust disbursement, and expiry reminders.
- Unusual payment patterns and high-risk actions, like back-dated leases or large rent reductions, flagged for review.
- Rental Housing Act deposit registers, JSE REIT disclosure packs and B-BBEE evidence reports generated from live data.
See your day run on Atrium
A 30-minute walkthrough with your own scenarios - beds, funders, intakes and all.