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| End of Financial Year - Ready to talk about it yet? 5 replies 4 voices |
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Emily Sim
on Jul 1, 2010 9:01am
apmasphere Sydney NSW |
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We just can’t go past the fact that yesterday was one of the biggest day’s in everyone’s office and not share. How did you go? What the highlight? What was the low light? Did you do anything differently to last year that worked for you this year? One of the best stories I heard was of a business that had asked all their landlords in advance if they wanted a financial statement emailed to them, acknowledging the cost was $44.00. Yesterday, they emailed every statement and then sent a text message to advise those landlords that the statement was now available for them. I believe they also took instruction on where to have the statement emailed, so that landlords could have them sent directly to their accountants. |
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Robert Riddell
on Jul 1, 2010 12:32pm
Property Manager |
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The last few weeks leading up to EOFY has been a rather interesting one for me this year. I have been trying to settle into my new role here and have had a number of landlords all wanting to fit in last minute works to their properties. I feel like I’ve been running around like a chicken with my head cut off.
All our statements get emailed out to owners with valid email addresses (most of them) along with a hard copy being sent in the post (already being done with the monthly statement)
I think the topic of charging for the financial statements has been touched on before, but the process seems so simple these days that charging could be seen as being out of date. Wouldn’t mind hearing peoples’ thoughts on this one. |
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Emily Sim
on Jul 1, 2010 12:34pm
apmasphere Sydney NSW |
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Robert – what do you mean “charging is out of date?” |
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Robert Riddell
on Jul 1, 2010 12:44pm
Property Manager |
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Well I have only been told about how complicated this process was a number of years ago, but for the last 3-4 years the process of completing an EOFY statement has been relatively simple. The statement is an extra page or two icluded with the regular June statement and can be easily emailed as well.
I haven’t seen many agents in my area charging for this service and would assume that charging a separate fee for this specific item could be seen as out of date.
Its just unusual for myself as I have always been at an agency that just includes this service in the management fee. |
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Gary P
on Jul 2, 2010 12:42am
Property Consultant Trust RE Fairfield NSW |
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Just wondering when did you do your EOM for June, i.e. did you do it on the 30th to make sure it’s all included in the financial year statement (and landlords receive their rent on 1st July), or did you do it in your normal day say 28th or 29th for those who do your EOM a day or so early (and landlords receive their rent by end of month). |
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KAREN HAMILTON
on Jul 2, 2010 6:20am
Everything DM Realty |
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Well, as this is my first EOFY time, I am glad to say I have survived it although the computer did jump around and dance to a different tune a few times. Fortunately the right operator was able to control the dancing and brought it successfully to its conclusion. |
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