Trust Accounting

When Mum is Always Right

2019-05-24T05:40:31+00:00

How My Mums Advice Is Scarily Applicable to Trust Accounting May is the month for Mums. So in light all things mothers, we thought we’d ask our staff what annoying things their Mums used to say when they were growing up. Susan was quick to respond with ‘Don’t pull faces or the wind will change’. Well we guess she took ... read more >>

When Mum is Always Right2019-05-24T05:40:31+00:00

The Art of Tidying Up Before End of Financial Year

2019-05-20T22:17:16+00:00

How to KonMarie Your Trust Account at EOFY Are you obsessed like us and an avid follower of the #konmarie method of tidying up? If so, then you’ll have probably watched Marie Kondo’s series in full on Netflix – Tidying Up with Marie Kondo. For those of you not on the tidying movement (for the uninitiated you should really give ... read more >>

The Art of Tidying Up Before End of Financial Year2019-05-20T22:17:16+00:00

New Management Checklist for Cloud-Based Software

2019-04-30T03:19:48+00:00

In our previous blog, we discussed the beauty of checklists and how they can save us from making a mountain mistake out of a molehill. The creation of a simple checklist can quickly and efficiently take your agency from one that makes countless small errors to one that runs seamlessly. So at this point you have your agency checklists in ... read more >>

New Management Checklist for Cloud-Based Software2019-04-30T03:19:48+00:00

Pre-End of Month Checklist for Your Cloud-Based Software

2019-04-30T03:20:11+00:00

Last month we attended the EAC seminar where we heard numerous stories about complaints made to Fair Trading. Interestingly, of all the agencies that were visited by Fair Trading could have been avoided. How? With the use of internal processes and checklists. Yep, it's that simple. With the Easter holidays upon us, Licensees may be looking to take a well-deserved ... read more >>

Pre-End of Month Checklist for Your Cloud-Based Software2019-04-30T03:20:11+00:00

Can Sales and Property Management Departments Work in Harmony?

2019-03-28T06:24:44+00:00

Unfortunately, Sales and Property Management often work as though that are polar opposites. Magnets resisting the push and pull of one another. It is sad that this is the case in many agencies across Australia. In my time within Property Management, the tension was so thick you could often cut it with a knife. And a good chef's knife at ... read more >>

Can Sales and Property Management Departments Work in Harmony?2019-03-28T06:24:44+00:00

Creating Harmony Between Bookkeeping & Property Management

2019-03-28T06:24:44+00:00

Trust Accounting and Bookkeeping are very different entities. Yet despite being in different worlds, it is important that bookkeeping and trust accounting operate in succinct harmony. Some agencies may have one staff member managing the trust account and reconciling the general account. This is completely acceptable. Other agencies may keep the roles completely separate. Also acceptable. What is important is ... read more >>

Creating Harmony Between Bookkeeping & Property Management2019-03-28T06:24:44+00:00

3 Red Flags Post NSW Licensing Reforms

2019-03-28T06:24:45+00:00

If you are a regular reader of our blogs (like we know you all are!) you would have heard us banging on on over the last year (and the year before that) about the upcoming NSW licensing reforms for the Real Estate Industry. In case you missed it, here is a brief update: 2018 TRUST ACCOUNTING REFORMS – WHAT TO ... read more >>

3 Red Flags Post NSW Licensing Reforms2019-03-28T06:24:45+00:00

Rent Roll Purchase Tips to Avoid Buying a Lemon

2019-03-28T06:24:45+00:00

The Appeal of Rent Rolls There’s no doubt rent rolls are hot property in Sydney at the moment. The Inner West and North Shore areas are leading the charge as favourites where we have heard reports of agents paying in excess of $4.50. Rent rolls are a stable source of income if managed correctly. They are highly sought after by ... read more >>

Rent Roll Purchase Tips to Avoid Buying a Lemon2019-03-28T06:24:45+00:00

The Year That Was – A Note from Jane

2019-03-28T06:24:45+00:00

Woah is it the end of the year already?! 2018 went very quickly and what a year it was. No doubt the highlight of this year was Jerome and I welcoming our son Marley into the world in April. He has been a constant source of joy for us and he’s settled into our life very quickly. Although Tracy officially ... read more >>

The Year That Was – A Note from Jane2019-03-28T06:24:45+00:00

Choosing the Right Time to Switch to Cloud Accounting

2019-03-28T06:24:46+00:00

Waiting til the Party Season is Over The start of the New Year is renowned for assessing your current situation - whether it be electricity, insurance, private health, marriage (kidding) - and upgrading or switching to a better deal. New year, new a start and all that. For some services, the New year is a great time to make a ... read more >>

Choosing the Right Time to Switch to Cloud Accounting2019-03-28T06:24:46+00:00