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|Topic (short descript)||Question / Topic||Replies||Reads||Last Post||More|
We have an established customer who wants a second delivery point opened to an unregistered business using the same ABN as the existing acco…
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Hi, Can a Trust open an account in its own name or should the account be under the name of the Trustee As Trustee for the Trust.
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Hi everyone, I am about to enrol in Certificate IV in Credit Management, does this type of course only lead me to worth within the banking industry? …
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|Suppliers Requesting invoices manually uploaded to a website||
I am starting to notice, a sudden shift in suppliers insisting that invoices must be uploaded to their system via a web porthole, to insure payment is…
||4||164||7 days ago||Sign up or login to view|
|Customer Credit Limits||
Who owns Credit Limits in your business? Sales or Credit?
Is this the right ownership? Why?
What frequency are Credit Limits reviewed?…
||4||120||8 days ago||Sign up or login to view|
|Privacy Act and Private Schools||
I have a client(private school) who wants us to monitor their 600 families on payment arrangement made direct with the school. The school is concerned…
||4||147||13 days ago||Sign up or login to view|
|Storing Credit Card Details||
Is it ok to have a customer who wants you to keep their credit card details and just use the card to pay their account each month?
||3||131||14 days ago||Sign up or login to view|
|Credit Officer Role - Southside Brisbane - ASX Listed Company||
If you are interested in the role please apply via job # 29682821 on seek or go tohttp://www.seek.com.au/job/29682821?pos=3&type=standard&engineConfi.…
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I’ve just had a customer ask me to discharge my PPSR registration and then re-register it a few days later so that they can get finance from their b…
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Hoping you can assist. we are currently interviewing for an accounts assistant role and would like to ask the applicants to complete …
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|Automated Allocation of remittance advice / payments||
Does anyone use software to allocate from RA - electronic or paper based, PDF or Spreadsheet etc. we are allocating every payment manually !!!!!!
||3||66||21 days ago||Sign up or login to view|
|Credit Bureau Meetings - Advertising Media Industry||
Does anyone know if there is a bureau for the advertising / media industry? If no, is anyone interested?
||4||106||22 days ago||Sign up or login to view|
|ATO lodging defaults||
Should the ATO record defaults when Commercial entities are not meeting Tax Obligations.
Michael Seddon, National Director Phoenix at ATO, would li…
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|Recover debt owing in China - can you recommend a Chinese debt collection agency ?||
Does anyone have experience of recovering overdue debt in China. Can anyone recommend any Chinese debt recovery or collection agencies based in China
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need information concerning PPSA registrations and whether there is a 20 business day limit that a security interest needs to be registered if the oth…
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|Debt Recovery in Qld Courts||
Hi All, I work in the transport industry and need some help ./options to recover debts in Qld Courts. The debts are inbetween $3k and $20k,.
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Dr Graig Latham of the Australian Small Business Commissioner stated that government paid 98% of invoices within 30 days and is working to be a Model …
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|Time Frame to Assess Commercial Credit Application||
What is the time frame that you allow to process a commercial credit Application?
||3||110||35 days ago||Sign up or login to view|
|Mobile Numbers acceptable for line of Credit?||
I am looking for advice/experiences regarding supplying customers a line of credit when only Mobile number can be provided?
If so what are some diffi…
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Does everybody agree that, to assist Creditors claim proceeds of sale of their products, Administrators should be obliged to publish Lists of Debtors,…
||5||105||39 days ago||Sign up or login to view|
|ATO request for Third Party Check||
I have received a request from the ATO to provide information in relation to a number of our invoices all pertaining to one of our commerc…
||2||128||46 days ago||Sign up or login to view|
|Legal Action against Debtors||
Is there any legislation stating that no legal action can be taken against a debtor within payment terms. If so where is it???
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Is it true that the PPSA gives a defence to preference claims?
Any help or advice would be greatly appreciated.
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|Dealing with Trusts||
Can some give me a quick and easy explanation why we should not deal with trusts as the entity on our credit applications and perhaps give advice on t…
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|credit app requirements||
Credit App only has 2 of the 4 directors listed. is it a requirement that all Directors be listed? Also only the CFO has signed the warranty, Applicat…
||3||147||56 days ago||Sign up or login to view|
|**POSITION VACANT ** GOLD COAST||
Hi there, I am looking for a credit controller, collections person to join a large AR team on the Gold Coast. Please contact me on 0423 697 257 for an…
||0||71||56 days ago||Sign up or login to view|
|GST on Export Orders||
We have an Asian based Customer who places export orders for delivery to an Australian warehouse prior to export . They have an ABN that is n…
||3||133||57 days ago||Sign up or login to view|
|credit card acceptance over the phone for cash sales||
Does anyone accept credit card payments for cash sales over the phone ? for individuals whom you have never met ?
I have always felt this to be unsaf…
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|debts over $10k||
I am in the process of putting credit defaults on some debtors. I have heard that if a debt is over a certain amount we can get security over his hous…
||2||151||57 days ago||Sign up or login to view|
|Help with Pleading||
Hi All, I am putting in a statement of claim via citec and I am having some technical difficulties on pleading to the court, Does anyone have an examp…
||2||86||58 days ago||Sign up or login to view|
|Credit Repair Agent - an orchestration!||
Hi Team & Happy New Year,
We received an application from a property development company with the Director being the wife of the (apparent) principle…
||18||447||65 days ago||Sign up or login to view|
A question for Credit Managers. Who goes out to visit customers, do you go solo or with a Sales Manager/member of the sale team and how often do you g…
||4||112||67 days ago||Sign up or login to view|
I recently had a discussion with an AICM member about when to make first contact with a customer and it seems many operations are contactin…
||5||213||93 days ago||Sign up or login to view|
|COMMERCIAL DEFAULT LISTING - VEDA||
Can someone please advise, to be able to lodge a "Commercial Default" with Veda, it states that there needs to be a "Written Contract" between the cre…
||3||155||104 days ago||Sign up or login to view|
|Time of Invoicing||
Hi, I have just had a customer advise me it was illegal to generate a tax invoice for his ordered goods until he personally collected them. Is this …
||2||215||110 days ago||Sign up or login to view|
|National credit reference scheme||
I work for a small finance company and we would like to become a member of "national credit reference scheme". So that we can obtain cr…
||1||356||110 days ago||Sign up or login to view|
|Protection of credit in Asia-pacific||
We are a small-medium Australian manufacturer who are looking to export to a potential client in the Asia-pacific region on credit terms, how is the b…
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|$ LIMIT ON DEFAULTING||
Can someone tell me what the absolute minimum $ value is when defaulting? My example is a sole trader without a credit application. What are my chance…
||6||203||116 days ago||Sign up or login to view|
|Legal Process Flow Information||
Can anyone explain the Legal process flow within lending business for various legal cases?
||1||94||117 days ago||Sign up or login to view|
|Spouse/defacto applications hiding partners credit/criminal history||
I would appreciate your thoughts on this one,
We're seeing more credit applications from a wife or de facto where her partner has an appalling credit…
||4||166||119 days ago||Sign up or login to view|
|Credit Reporting - WHY BOTHER !!||
I think I am venting more than anything !!
I once again have had the displeasure of dealing with Credit Fix people again. Grrr.
This time they have …
||9||462||125 days ago||Sign up or login to view|
|credit card surcharge||
Hello, we are now charging our customers 1.5% bank surcharge if they pay by credit card. Do we pay GST on this? How can I manage this as I don't know …
||3||173||127 days ago||Sign up or login to view|
|Tax free jurisdictions||
Can I get some expert opinion on dealing with company borrowers whose major company shareholder is registered in a tax free jurisdiction. What are ma…
||4||101||132 days ago||Sign up or login to view|
|Secured PPSR, but description/registration inaccurate/not detailed.||
Hi all, after some clarification before any potential issue arises RE: PPSR online registrations in liquidations/VA's etc. We register everything on P…
||2||112||134 days ago||Sign up or login to view|
Would anyone have available a recent analysis for the cost of forwarding statements or collection letters via standard mail? If you are willing to sh…
||2||103||134 days ago||Sign up or login to view|
|ASAP help: CIO/COSL/EDRS Membership for Commercial only provider..||
Hi all - about to pay a required EDRS membership but after clarification on which catageory, or if its even really required for my company (who provid…
||2||215||135 days ago||Sign up or login to view|
|PPSR terms and conditions||
Do we need to include the PPSR in our terms and conditions? Does the customer need to agree to have them registered? Does anyone has a good line to ad…
||3||196||135 days ago||Sign up or login to view|
|AFSA statement of claim & voting forms||
I have come across a situation where a customer has been sent to a debt collection agency for collection of unpaid invoices and AFSA sent the statemen…
||3||147||135 days ago||Sign up or login to view|
|Brisbane Skip Tracers/Investigators||
Hi I am looking at hiring a great skip tracer/Investigator in the Brisbane area. If anyone knows of anyone please call Dean on 0466 659 422.
||2||70||139 days ago||Sign up or login to view|
How do you perform a credit check on an entity that operates its business through a trust?
||8||279||141 days ago||Sign up or login to view|
|Customer's Business' Changing Hands/Being Sold||
Just hoping to get some clarity around an issue that is popping up quite a bit for us at late, particularly in the SME space.
We have o…
||8||270||143 days ago||Sign up or login to view|
|Legal action/Default listing on 'drip payments'||
Occasionally we have customers that stop buying from us having gone to an opposition company. When pressed for payment, the customer sometime…
||6||298||147 days ago||Sign up or login to view|
|DEBT COLLECTION IN SHENZHEN PROVINCE CHINA||
Has anyone out there had any success with collections in Shenzhen Province in China?
We have a Chinese debtor in that region and we have exhausted …
||4||147||166 days ago||Sign up or login to view|
|Business Continuity Plan||
Hi All, I am in the process of writing a Business Continuity Plan and would like to see what other companies have included to see if I am on track. I …
||2||86||167 days ago||Sign up or login to view|
|Off Setting Debts - Debtor/Creditor||
As a general rule, we never like to off set amounts owed, however when a debtor is also a creditor, and the debtor is struggling to pay th…
||2||150||169 days ago||Sign up or login to view|
I have been asked to assist a large national building industry supply company find a suitably qualified person to fill the position of Assistant Natio…
||3||175||175 days ago||Sign up or login to view|
|Seeking Job Opportunity||
I am currently looking for a new job opportunity within the Western suburbs of Melbourne or within the CBD area. I have over 15 years expe…
||0||94||175 days ago||Sign up or login to view|
Can anyone help with a good precedent of a statutory demand for payment of a debt by a company? It's for a personal debt, so I won't be using solicit…
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What happens if there is a change of trustee for a trust? Is the new trustee liable for all old and new debts?
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Does anyone file hardcopies of their verifications statements knowing we can retrieve them at any time on the govt website or via veda ? or per the em…
||5||149||189 days ago||Sign up or login to view|
Just want to check if anyone is doing CCE essay. I had some question regarding the last question.
I also wanted to know if anyone had gone pass the …
||2||120||194 days ago||Sign up or login to view|
|Credit Manager seeking new opportunity||
I am seeking a new opportunity due to inevitable centralisation of my department to a South Eastern suburb location.
North West or Western location o…
||0||106||195 days ago||Sign up or login to view|
|ppsr/secured party details ABN or ACN||
Wanted to ask in relation to verification statement details is it ok for the Secured Party "organisation identifier type" to be the ABN or sh…
||8||189||197 days ago||Sign up or login to view|
|PPSR vs ROT/Romalpa Clause||
A large (mining) customer has gone into Administration. I have been informed a substantial amount of equipment has been supplied/loaned unde…
||4||242||198 days ago||Sign up or login to view|
|Looking for a Credit Officer Perth Eastern Suburbs||
Do you know a Credit Officer with great communication skills that's looking for a job in Perth. Great team, good employer who support a…
||0||54||209 days ago||Sign up or login to view|
|Looking for a credit controller - mossvale||
Hi looking for a credit controller to work for a distribution company in Mossvale.
Start ASAP great team and great company.
||1||89||209 days ago||Sign up or login to view|
|Looking for switched on Credit Control Assistant with attention to detail||
Looking for switched on Credit Control Assistant with attention to detail.
Nisbets has over 30 years experience in the Catering Industry. We opened…
||3||146||209 days ago||Sign up or login to view|
|PPS and Race Horses||
Hi, A part of our business owns race horses. The horses are variously being spelled on a farm (not our property) or at with a trainer at their facili…
||3||164||209 days ago||Sign up or login to view|
|Are 3 overdue notices required by law before referral to Merc?||
For overdue debt, we currently send a reminder notice, overdue notice and a demand notice. Both the overdue and demand notice state non-payment may re…
||3||212||210 days ago||Sign up or login to view|
|Customer Care Focused Credit Officer||
hi - reaching out for a credit officer that is more slanted towards a customer care/ reconcilliation type role than collections. Corporate Customer Ba…
||1||120||212 days ago||Sign up or login to view|
|Looking for a Senior Credit Analyst||
I am looking for someone to work in North Sydney in an experienced credit analyst role. They will be assessing and recommending limits on new…
||1||90||212 days ago||Sign up or login to view|
|PPSR Lodgements Partnerships||
I have a Credit Application and the entity name is a Partnership consisting of two Companies with two separate ACN's, the entity type bei…
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|licensing contracts & payments||
Hi All, We have a customer who has completed a credit app for building works in NSW. On checking around found the director to be an 'excluded individu…
||2||150||215 days ago||Sign up or login to view|
|Analysis and Statistics||
Hi all, I am wondering where I would find information/statistics relating to defaults vs population in Australia? Any help would be much appreciated.
||5||146||222 days ago||Sign up or login to view|
|Partial satisfaction of debt re s21D||
Please take the following scenario. An acceleration clause has been activated on a consumer loan bringing the amount due by the consumer to s…
||4||153||222 days ago||Sign up or login to view|
Out of curiosity, does the forum questions stay on the Credit Network or do they drop off with age? Just want to ensure that if I want to re-visi…
||5||146||222 days ago||Sign up or login to view|
|Collection Agency Complaints||
It is quite clear as to what avenues a consumer can take in regards to complaining about the conduct and actions/activities of a debt collection/merca…
||5||205||223 days ago||Sign up or login to view|
|WA candidates - Great temp role||
Hello WA people
Trace Personnel is looking for an accounts receivable extraordinaire for a freight logistics company based in Northern suburbs of Per…
||0||46||223 days ago||Sign up or login to view|
|Customer gone into Liquidation, next best step with PMSI registered||
A customer of ours has recently gone into liquidation and we have them covered with a directors guarantee and a registration on the PP…
||8||255||225 days ago||Sign up or login to view|
|credit card payment||
Hello all, we just worked out how much it is costing us for our customers to pay with a credit card (we carry the cost not the customer). We would lik…
||4||219||231 days ago||Sign up or login to view|
|S88 notice and acceleration clauses||
Good Afternoon All,
If you are invoking an acceleration must you issue a new s88 notice for the net balance due? S93 of the act says you must of iss…
||2||155||250 days ago||Sign up or login to view|
Not really a question more so a statement here. I was a little surprised to find out the only reporting agency that you are able to list payment defau…
||14||323||250 days ago||Sign up or login to view|
|notification of company going under||
Where can I find information if a company has gone under?
ASIC? Or is there anywhere else?
||2||144||251 days ago||Sign up or login to view|
In relation to PPSR I have attended an informative seminar recently advising to register on ACN's not ABN's the latter merely set up for ATO/GST purpo…
||7||231||253 days ago||Sign up or login to view|
Hi, just wondering if anyone is aware of any national credit manager job coming up soon.
Iam done with agencies .
||2||199||265 days ago||Sign up or login to view|
|clients questioning reasons for declined accounts (privacy act)||
I would like other's experiences on how they handle clients who ring and request reasons for declining their account. We have a clause in our applicat…
||4||226||266 days ago||Sign up or login to view|
|Credit Management Course||
Which is the best training institute that provides courses in Credit Management?
||1||85||272 days ago||Sign up or login to view|
I want to just say Hi, as I became the part of this forum. Thanks
||0||73||275 days ago||Sign up or login to view|
|dummie collection agency||
My boss is paying a company to use a professional looking collection agency letterhead to use when a debtor doesn't want to pay. I am not sure if we s…
||4||269||278 days ago||Sign up or login to view|
|Credit allocations and credit controllers||
I would like to get your opinion and advice on the following questions:
Are there any legislative/other requirements or audit recommenda…
||4||151||281 days ago||Sign up or login to view|
I was wondering if a credit application can be signed by an accounts payable person or financial controller? Or does it have to be signed by the direc…
||9||294||281 days ago||Sign up or login to view|
|Chattel Paper PPSR Registration||
I want to create a security interest in a customer's on-hire agreements to the end users of our equipment and would like some advice on how to correct…
||3||104||299 days ago||Sign up or login to view|
|GST on export||
We have a customer where we supply goods abroad but the business has its legal entity in Australia with an ABN number. Do I charge GST on the invoices…
||4||134||340 days ago||Sign up or login to view|
|Applications for COD/Prepaid Accounts||
We have discontinued opening COD accounts due to the high cost of collecting/banking/clearing cheques. We've replaced them with CARD accounts…
||10||255||342 days ago||Sign up or login to view|
|Dashboard for Collections and Recovery Team||
Can anyone of you provide me some insight as what is expected out of a dashboard of any Collections and Recovery system (ERP system)?
||0||104||348 days ago||Sign up or login to view|
If legal action was instigated to recover oustanding debt and debtor requested PPSR to be discharged and then the company within 6 months had a Liquda…
||4||173||351 days ago||Sign up or login to view|