#banking

Bulk Bpay and Overseas Banking – Setting the Record Straight

2020-10-22T10:13:45+10:00

Today we bring you two issues we are seeing crop up frequently in trust accounting forums and discussions relating to bulk Bpay and overseas transactions. We see clients discussing the limitations of their trust accounting software when it comes to processing Bpay in bulk and paying into overseas bank accounts. We set the record straight. Bulk Bpay We'll only say ... read more >>

Bulk Bpay and Overseas Banking – Setting the Record Straight2020-10-22T10:13:45+10:00

Top 10 Trust Accounting Mistakes to Avoid in 2020

2020-01-31T01:11:36+10:00

As we discussed in our latest blog, people in business make mistakes. From the rookies through to those who have been in the industry for over 10, or even 20 years, can still make monumental errors. Yet, it never ceases to amaze the extent of the trust accounting mistakes we see on a daily basis. So it prompted us to ... read more >>

Top 10 Trust Accounting Mistakes to Avoid in 20202020-01-31T01:11:36+10:00

What is the Deal with Interest Bearing Deposit Accounts?

2019-03-28T06:24:46+10:00

Is the concept of an interest bearing account as foreign as snapchat? Have you been requested to open an interest bearing deposit account and are breaking out in a cold sweat? Is the process as intimidating as visiting the dentist for the first time in 5 years? You are not alone (insert collective sigh of relief). So what is an Interest ... read more >>

What is the Deal with Interest Bearing Deposit Accounts?2019-03-28T06:24:46+10:00

A Reconciliation a Day Keeps the Auditors at Bay

2019-03-28T06:24:48+10:00

This month we are revisiting our oldest friend, reconciliation. Because, no matter how much love and attention we give this friend of ours, they seem to be the one that requires the most attention. It is a commonplace to receive last minute calls at EOFY from clients who have not reconciled their accounts for the entire year. Hence the need ... read more >>

A Reconciliation a Day Keeps the Auditors at Bay2019-03-28T06:24:48+10:00

Real Time Banking New Payment Platform

2019-03-28T06:24:49+10:00

The Future of Online Banking Reports released by the Sydney Morning Herald and Better Banking report that 3 out of the 4 biggest banks will roll out a New Payments Platform (NPP) offering real time payments. This new payment platform will allow customers access to clear funds in less than 1 minute as opposed to the existing 2-3 days. What ... read more >>

Real Time Banking New Payment Platform2019-03-28T06:24:49+10:00

The Beauty of Bulk Bpay

2019-03-28T06:24:49+10:00

Oh how times have changed. Rewind the clock back to 1997 when the Spice Girls were on every tape player and double denim was a big hit. I was also entering the industry as a fresh-faced real estate newbie. Back then, everything was done via cheque = a major labour intensive process. At the end of every month, I would have ... read more >>

The Beauty of Bulk Bpay2019-03-28T06:24:49+10:00
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