Trust accounts are very heavily governed. There is an enormous amount of knowledge required with respects to compliance, taxation and accounting principles required to successfully run a trust account. Many agencies allow unqualified staff to run their trust account only to end up having to problem solve, balance or reconcile the account by themselves or having to call in a professional which comes at both a high financial cost as well as a high cost of your time.
Equally, not passing an audit and having to do rectification work, is also highly possible and again time consuming and costly. Having your trust account managed with experience, ultimately frees your hands to work on your business instead of in your business and protects you and your business from running re-actively instead of pro-actively. It also means you remain within compliance at all times and your audit process will be a breeze.
A great trust account management company will also maximise your investors returns with their knowledge, and is a big selling point.
100% - offering tailored and personal trust account management - we have successfully assisted several agents transition from franchise to running independently. We can offer guidance and support during the trust account and software set up and organise the ongoing maintenance of the trust, both sales and rentals as required.
Get some impartial advice from your auditor or accountant. Likely they will be the first to tell you the importance of a well maintained, compliant trust account.
Vanessa Cole and Associates is not an outsourcing business. We treat your business as an extension of ours and our services are located and conducted on the Gold Coast Queensland and can virtually assist anywhere in Australia. Trust Accounting you can rely on.
Vanessa Cole and Associates is a fully qualified and insured book keeping business. We can take long term appointments or short term, and even cover for staff illness or holidays. We can tailor to suit your needs. Trust Account Management is our passion. We will provide you with a client engagement letter prior for you to accept prior to works commencing.
This can be tailored depending on the amount of work required and the nature of the work required.
During our obligation and cost free initial consultation we can discuss an all inclusive package for your trust account management designed to suit you and your business - this can ultimately be less expensive than wages.
Having an experienced trust account manager will cut processing time in half, so your business will save money and at the same time maximise your clients investments via their tax for their investment.
Yes 100% cost and obligation free.
We are based on the Gold Coast Queensland - however we provide remote services Australia Wide.
We use cookies to analyze website traffic and optimize your website experience. By accepting our use of cookies, your data will be aggregated with all other user data.