The 5 reports every property manager should run before EOFY

June 10, 2025

EOFY is coming in hot – and if you’re a property manager, you know how much there is to wrap up before 30 June.

But instead of stressing about reports at the last minute, we’ve broken it down for you. These are the five key reports you’ll want to run before EOFY to keep your owners happy, stay compliant and walk into FY26 with confidence.

Let’s dive in.

1. What is the most important EOFY report for landlords?

That would be the Owner Financial Summary Statement – your owners will be expecting this for tax time.

This report shows a breakdown of income and expenses for the entire financial year and is essential for owners to handover to their accountants.

Console Cloud tip: You can generate these quickly by heading to Accounts > Reports > Financial Year Statements in your Console Cloud dashboard. Read the full EOFY User Guide for step-by-step instructions.

2. Have you reconciled your trust account?

EOFY is also a compliance checkpoint – and that means it’s time to run your Trust Account Reconciliations Report.

This report compares your trust accounting records with your actual bank statements. If there’s a mismatch, now’s the time to fix it.

Console Cloud tip: Make sure you’re reconciling monthly (at minimum). You can also include reconciliation history in your audit documentation.

3. Are there any outstanding arrears?

Don’t let overdue rent slip through the cracks before the books close. Running an Arrears Report will show you:

  • Which tenants are behind
  • How much is owing
  • How long the arrears have been outstanding

It’s a great tool to flag issues early and put workflows in place for collection.

Console Cloud tip: Console lets you automate arrears workflows, so you don’t need to chase manually every time.

4. What about maintenance and repair expenses?

EOFY is the perfect time to check your Maintenance & Repairs and review:

  • Which jobs are completed (and paid)
  • Which ones are outstanding
  • Any expenses that may be claimable for landlords

It also gives you a chance to tidy up any lingering supplier invoices or close out on completed jobs.

5. What’s your total income and expenditure?

Finally, don’t skip the Income & Expenditure Report – it’s your complete snapshot of portfolio performance over the year.

Run this report to:

  • Get totals for rent collected, fees earned and maintenance costs
  • Benchmark different properties or landlords
  • See where your business made money (and where it didn’t)

Want to combine financial statements for multiple properties?

If your landlords own more than one property, you can generate combined EOFY statements in Console Cloud. That means less paperwork for you – and a smoother tax season for them.

Here’s how to enable external financials.

Don’t leave EOFY reports to the last minute

Running these five reports now will save you stress, make you look like a pro to your landlords, and help you spot any issues before June 30 rolls around.

Not sure if your reports or workflows are set up right? We’re here to help. If you’d like to make sure you’re EOFY-ready, book a quick chat with one of our team (or simply enter your details below) – no pressure, just expert advice tailored to your agency.

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