Deciphering the legislation changes As of 23rd March 2020, we saw changes to the legislation which meant that Certificate of Registration Holders transitioned to Assistant Agents. The new legislation brought about some changes to the daily functions of a person working in a trust accounting role. They can no longer perform all of the same duties as prior to 23rd ... read more >>
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So far Vanessa Fairweather has created 151 blog entries.
Following on from our previous post regarding cash flow in tough times, let's discuss some important information when it comes to EOFY prep and bookkeeping. We have some End of Financial Year bookkeeping advice and tips for real estate agencies to keep in mind as we head into the new financial year. Single Touch Payroll For those with 19 or ... read more >>
Cashflow tight? Same goes for many other agencies and businesses across Australia at the moment. We are bringing you our top 6 cash flow tips to help you through when the going is a little tough. We all have them. The best way to get through them is to prepare and take stock of your expenses. Apart of course from ... read more >>
If there is one thing this year has taught us so far it is to ensure we can diversify the way we operate. This is especially pertinent to the real estate industry. Overnight, agencies were forced to reconsider the way they do business. With immediate shut down of open homes, inspections and auctions, the sale, purchase and property management of ... read more >>
In the past, businesses relied on a central server. It was usually located in the office, hosting their line of business software such as their trust account programs. This generally meant a big expensive computer tucked away in a server room (best case) or in a cupboard (worst case). To connect to the server to access data, each user had ... read more >>
You have set the date for your migration over to cloud-based software. Before we pop the champagne and celebrate your move online, there is some housekeeping to do. Migration planning involves just that - planning. Planning to ensure a smooth transition and the ongoing success with your new platform. To help, we have compiled 5 'must-do' items to factor into ... read more >>
It's migration season. Not just for the whales up the east coast, but for your software. Agents across Australia are looking to take the digital step and migrate their old software over to cloud-based technology. We are surely but steadily ridding the trust accounting industry of old, clunky and out-dated software. Agents are realising the benefit and life-changing advantages of ... read more >>
We are officially in the lead up to the End of Financial Year (drumroll). This trust accounting EOFY leadup has been unlike any other we have seen in our lifetime. With the impact of COVID still too fresh, throwing EOFY into the mix might be enough to tip some over the edge. So we want to step in and help ... read more >>
Time to Get Your Ducks in a Row As we have all been caught up in everything COVID, End of Financial Year has well indeed crept right up on us. In response, this month's theme is EOFY and audits in preparation for the month ahead. As before you know it, June 30 will be knocking on the door and demanding ... read more >>
As we battle our way through COVD-19, we are seeing a lot of COVID rent decrease requests. Many Australians being laid off work, with the number expected to peak at 1.4 million come June. We are seeing many Australian families unable to meet their rental payments. Naturally, we are getting enquiries as to how to handle this from agencies. When ... read more >>