#reconciliation

Maintaining Agency Standards for Trust Accounting

2019-07-08T05:59:21+10:00

We have come into contact with many agencies. One thing that stands out is the variety of processes in place from agency to agency when dealing with client accounts. From our experience, we have witnessed two common operational systems that agencies generally fall into. CATEGORY A – THE ORGANISERS Agencies falling into Category A tend to have clear and concise ... read more >>

Maintaining Agency Standards for Trust Accounting2019-07-08T05:59:21+10:00

Merry Christmas from The Team at End of Month Angels

2019-07-08T06:03:05+10:00

Merry Christmas from all of us at End of Month Angels. Merry Christmas! Our office will close for Christmas from 3pm, 23rd December 2016 and will re-open at 9am on the 28th December 2016 through till 5pm, 30th December 2016 for End of Month processing and compliance. The Angels will be resting from 1st January 2017 and returning 9am, 9th ... read more >>

Merry Christmas from The Team at End of Month Angels2019-07-08T06:03:05+10:00

5 Ways To Avoid Losing Your Trust Accountant in 2017

2019-07-08T06:03:44+10:00

Retaining good people is essential in business. No matter how good you are or your product or service may be, without key personnel, they are worth nada. Which brings us to the topic of staff retention. Your first thoughts on staff retention strategies may drift initially to your key sales staff. Those who bring in the bread and butter to ... read more >>

5 Ways To Avoid Losing Your Trust Accountant in 20172019-07-08T06:03:44+10:00

Staying Breach Free This Holiday Season

2019-07-08T06:04:19+10:00

We understand that by mid December, part of you may check out. Or be on the way the way to checking out. Focus turns from end of month reporting and reconciliations to Christmas parties and fun with friends and colleagues. After a hard year’s work we can see how this can happen… Yet, it is best to not let the ... read more >>

Staying Breach Free This Holiday Season2019-07-08T06:04:19+10:00

Adjustments Are The Cardinal Sin of Trust Accounting

2019-07-08T06:07:55+10:00

There are times when we just want an easy fix, there are times when an easy fix is OK and legitimate, but there times when it isn’t. There will be times in your trust accounting travels that you will receive unidentified funds and the process is pretty clear on how to treat these type of transactions. The Easy Fix Create an ... read more >>

Adjustments Are The Cardinal Sin of Trust Accounting2019-07-08T06:07:55+10:00

Top 9 Ways to Avoid Becoming a Shoebox Client

2019-07-08T06:09:27+10:00

No one wants to be ‘that client’. The one that nearing tax time, is sent into a spin to find the hundreds of receipts and invoices, trying to rectify a year of haphazard record keeping with a massive pile of unordered receipts and invoices. Yes, that client. Don’t get us wrong, this is more common than not, and for reasons ... read more >>

Top 9 Ways to Avoid Becoming a Shoebox Client2019-07-08T06:09:27+10:00

10 Common Trust Account Breaches

2019-07-08T06:11:46+10:00

No matter how well you prepare for it, when you receive your first breach from your auditor, it may very well come as a shock. We want to help before any potential meltdowns occur. So we have compiled a list if you have been found in breach from your auditor. It highlights the top 10 list of the most common ... read more >>

10 Common Trust Account Breaches2019-07-08T06:11:46+10:00

Ace Your Trust Account Audit

2019-07-08T06:12:14+10:00

It’s audit time. You’ve just come up for air after EOFY and now the topic of audits are on everyone’s minds. There is nothing like an impending audit to raise the blood pressure levels and threaten the satisfaction of a full night’s, rested sleep. However fear not, as the reality is really not as bad as what your mind can ... read more >>

Ace Your Trust Account Audit2019-07-08T06:12:14+10:00

Surviving End of Financial Year Without Losing Your Mind

2019-07-08T06:15:07+10:00

End of Financial Year You just got through the last one relatively unscathed, just a few bumps and bruises to show. You recovered… then you blinked and BOOM! It’s here again. And with it comes higher than normal stress levels, later nights, less sleep and a whole lot of thoughts about how you’ll do it better next year. Well, the ... read more >>

Surviving End of Financial Year Without Losing Your Mind2019-07-08T06:15:07+10:00

Misappropriation of Bond Money

2019-07-08T06:15:56+10:00

RENTAL BONDS ONLINE A New System to Reduce Misappropriation of Bond Money The misuse of trust money is still a hot topic in Real Estate. We have previously written about bond theft and how it is the most common cause of misappropriation of funds in the industry. Unfortunately the message seems to still have not gotten through with agents continuing ... read more >>

Misappropriation of Bond Money2019-07-08T06:15:56+10:00
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