A One Accountants
Accountants - Melbourne, VIC
A One Accountants provides accounting and tax related services with offices in Melbourne CBD, Point Cook & Dandenong.
Accounting & Bookkeeping:
We provide Accounting and Book-keeping services to businesses within any of the structures ranging from Sole Traders, Partnerships, Companies & Trusts. In some cases a combination of these structures is also used. Our services include but are not limited to:
-Accounts Receivables, Accounts Payables & Invoicing
-Payroll & Payment Summaries.
-Cash Flow statements.
-Profit & Loss Statements.
-Trust & Client Accounts.
-Set Up and administration of an accounting system.
REAL ESTATE AGENT’S TRUST ACCOUNTS AUDIT
As a Real Estate Agent you have an obligation each year to get your trust accounts audited. Without this you can not get your licences renewed through Consumer Affairs Victoria.
We have devised an Audit program that can help us Audit important legislative issues that an estate agent’s trust accounting should comply with. Our program is guided through the Estate Agent’s act 1980 and covers important legislative frameworks and issues.
If you use a computerised accounting software, we have an Audit program to quickly identify risk areas.
We can provide a written recommendation report at the end of your compliance audit to mitigate any risks that may have been identified during the Audit of the Estate Agent’s Trust Accounts.
We can provide an on site or off site Audit solution to cater to your requirements.
Generally you are required to submit the report to Consumer Affairs before the 30th of September each year, but for some of our client’s we have also been able to do it after this date without any penalties being charged.
We have carried out many Audits in the past and are well aware about the requirements and also the risks involved.
Generally Audits comprise of Sales Trust Accounts Audit and the Rental Trust Accounts Audit and most estate agents use computerised softwares to record, trust account transactions. If this is the case, our Audits do not take longer than a day.