apmasphere |     Signup Like Us
M_homehome M_aboutabout M_communitycommunity (4180) M_askforums Events_iconevents M_newsnews M_forms_lettersdocuments (248) M_atvaTV (23) M_wishlistwishlist M_field_agentfield agent  
  getting started  |  back to forums  |  back to Trust Accounting
Discussion
Groundhog Day   1 reply   2 voices
MichelleD Michelle Delaney on Apr 26, 2010 2:56pm
Property Management Business Development Executive  Ray White Group  Brisbane  Queensland
 

Over recent weeks, I have had a few discussions with offices in the network regarding trust accounting and the month end process, on one occassion a Principal needed some “live” help in running the actual process.  What has amazed me during this time is that nothing has changed, the same errors are still occurring, the support desks of the companies still give the same explanantion as to why these errors occur, they still blame “internal networks inside the office”.  In one case the system paid out a landlord in error and sent the trust account into debit (which is illegal).  I guess the more our industry changes the more some things just stay the same!!!  Bring on the future!

Emily Emily Sim on Apr 29, 2010 9:22am
apmasphere  Sydney  NSW
 

The worst end of month story I can think of and it didn’t happen it me, let’s just say it was a ‘friend,’ was when all of the funds were disbursed to the right accounts but the statements did not print because a box was not ticked on the system…  I remember thinking why should you have to tick a box, if you are disbursing funds, you need a statement…  Margaret had a shocker last month, you can read about it here 

http://www.apmasphere.com/forums/2-Property-Management/topics/202-Console-Live

New Reply
Privacy Policy | Feedback | Copyright © 2011 Arclight Investments Pty Ltd | Find us on Facebook Twitter Youtube