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Topic (short descript) Question / Topic Replies Reads Last Post More
A win for suppliers on PPSR As I understand it there was a recent Federal Court win for a commercial credit supplier with a PPSA registration responding to a preference action by…
Author: Jeff
8 181 6 hours ago Sign up or login to view
PPSR For the purpose of PPSR, if the name of a business is A Smith atf A & B Smith Family Trust and M Smith t/as Jimbob Partnership, do I register A Smith …
Author: Ldb
4 114 6 days ago Sign up or login to view
ppsr As a building supplier selling whitegoods on credit, should we be ticking YES to INVENTORY under COLLATERAL DETAILS when creating a PPSR registration.…
Author: Zeeks
7 123 6 days ago Sign up or login to view
Sap payment reversal Hi I have just started using sap anIam finding reversing a payment is quite difficult. Does anyone know how to reverse a payment from a debtor accoun…
Author: JAYDEN
1 115 13 days ago Sign up or login to view
EXTERNAL DISPUTE RESOLUTION A couple of years ago, we had a presentation by COSL advising that all commercial credit providers needed to belong to an EDR by June 2015. http://www…
Author: Jamesswhite
6 164 14 days ago Sign up or login to view
LICENCE REQUIREMENTS VICTORIA Hi, Can some one clarify what license rerquirements are needed in Victoria to be a process server, field agent, or do skip tracing? I could not fin…
Author: Jamesswhite
2 81 17 days ago Sign up or login to view
Registering Defaults Hi All, Where do these people come from? I received a call from a former customer that I registered a default on about 14 months ago. The debt was ev…
Author: Rodney Jarvis
6 203 20 days ago Sign up or login to view
Credit Training in September 2016 Just want to ask if you have Credit Trainings or Events for September 2016?
Author: Jravina
0 16 24 days ago Sign up or login to view
DEBT ARREARS What is an S88 Notice
Author: Elizabeth
5 202 29 days ago Sign up or login to view
contemporary debt recovery processes and procedures. Any ideas on what contemporary debt recovery processes and procedures are
Author: Solace23
2 234 35 days ago Sign up or login to view
PPSR Registrations - does it really have any pull when your customer falls into Administration/Liquidation? Hi I am starting to see that having a PPSR registration does not make it easier when a customer falls under Liquidation/Administration. Am I right i…
Author: 20194817
8 410 36 days ago Sign up or login to view
Debt Recovery- Contracting Hi All, I was wondering if anyone was looking for a Debt Recovery Contractor. I have extensive experience in the legal and accounting field. Please c…
Author: Solace23
0 68 41 days ago Sign up or login to view
PPSR Hello I’ve heard that if you complete a Proof of Debt form you risk losing the security you registered on the PPSR. Is that correct? Thanks …
Author: Tim Ewing
6 199 42 days ago Sign up or login to view
length of time legally you are required to accept invoices Can anyone provide feedback on the length of time you are legally required to accept invoices from service providers. We outsource services from a nu…
Author: Tracey
6 213 42 days ago Sign up or login to view
PPSR I am hoping to seek feedback on this scenario where a Company has a trade agreement, orders product and goods are delivered to members which are indiv…
Author: Emanuel
3 106 55 days ago Sign up or login to view
Skip Tracing Tools What Skip Tracing Programs is everyone currently using. The ones I am using are average at best
Author: Solace23
5 345 70 days ago Sign up or login to view
Faxed Credit Aplications Hi there, Is anyone accepting faxed credit applications to approve an account. Am concerned about forged signatures in the event of default by appro…
Author: Zeeks
7 157 72 days ago Sign up or login to view
On Line Trade Credit Application Online Trade Credit Applications; I would welcome any constructive feedback, positive or negative on moving to an online application. What works and w…
Author: Mpearse
6 184 72 days ago Sign up or login to view
ABN in a Trust We made a business decision not to accept contracts where the ABN is in the name of a trust. The reason behind this decision was due to difficulty in …
Author: Shane F
5 256 73 days ago Sign up or login to view
AP-AR offset Hello, does anyone has an answer to the following: we have a dodgy customer and a spplier. They both operate from the same accounts department but wit…
Author: Olivia
2 109 75 days ago Sign up or login to view
underwriting an account I posted a topic a few weeks ago about an international company wanting to open an account and that they were being underwritten by an Australian comp…
Author: Tracey
1 171 91 days ago Sign up or login to view
Credit reporting policy Hi can anyone advise where I might be able to obtain a standard a Credit reporting policy ?
Author: Tracey
2 171 91 days ago Sign up or login to view
DIRECT DEBIT - 3rd PARTY PROVIDERS? Can anyone pls recommend a good 3rd party DD provider? Any solutions out there which enable customers to authorise DDs from their mobile devices etc?
Author: JP AWTR
4 115 101 days ago Sign up or login to view
Credit Applications - dated or not dated. This may be a really silly question but would a credit application NOT dated have any legal ramifications?
Author: 20194817
7 217 101 days ago Sign up or login to view
INTERNATIONAL CREDIT REPORTS Urgently need an international credit report. Have used Veda's on line system. They said 3 days and I'm still waiting!! Can anyone recommend a website…
Author: Rporter
5 136 106 days ago Sign up or login to view
DOCA After receiving documentation an account had entered into administration we put the account on stop supply. The customer thankfully did not have an o…
Author: Tracey
5 177 113 days ago Sign up or login to view
Global account we have been approached by a Global customer who have advised us they will be underwritten by a division of their business who has only just obtained …
Author: Tracey
2 121 113 days ago Sign up or login to view
insurance with Atradius Does anyone has experience of trade credit insurance with Atradius Credit Insurance NV? We are considering using them. Any pros or cons? Many thanks!
Author: Olivia
8 158 115 days ago Sign up or login to view
How long can someone hold off declaring bankruptcy? We have a debtor who has an agency acting on his behalf and have sent us correspondence stating he is insolvent. They first made contact with us in Se…
Author: Shane F
9 230 117 days ago Sign up or login to view
What does 2016 have in store? The AICM would like to hear from credit professionals about what they think 2016 will bring. Two prominent challenges will be: - Imbalance in Unfa…
Author: Nick
2 118 118 days ago Sign up or login to view
Form S21D(3)(d) is there a pro forma for this
Author: Jupiter
0 68 118 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…
Author: Amy Beigoff
12 242 132 days ago Sign up or login to view
possible unrecoverable debt Any feedback on the following would be appreciated. one sector of our business accommodates our wholesale clientele. for this sector we take orders…
Author: Tracey
3 152 134 days ago Sign up or login to view
Phillipines collection of debt Does anyone use a collection agent in Philippine's that they could recommend or know the process for collecting a debt incurred in Australia for fees …
Author: Chris
4 117 139 days ago Sign up or login to view
SAP training can anyone direct me to any free training on the basics of SAP, either online or hardcopy. thanks,
Author: Zeeks
0 26 140 days ago Sign up or login to view
cross directorship I have received an application from a customer who is also a Director for 12 other companies, 4 of which are with under external administration or ha…
Author: Tracey
12 278 140 days ago Sign up or login to view
Providing Credit to a business registered as a Trust I was hoping I could get some advise when dealing with customers requesting a credit facility whose businesses are registered as a Trust. it is part o…
Author: Tracey
3 277 141 days ago Sign up or login to view
S88 Form- Default Quick Question- I work in the transport industry and was wondering if we are required to send an S88 form before placing a default judgement on a debt…
Author: Solace23
3 123 141 days ago Sign up or login to view
Risk Management Presentation This may be very random and not relative but has anyone who has or does guest speaking or presentations asked the group they are presenting to, to sta…
Author: Ribbn
3 471 170 days ago Sign up or login to view
Legal entity Hi I have an ABN which reads ESTATE OF THE LATE.......... MARKEY & BENJAMIN ...(left out the names for privacy) It seems that a person from this fam…
Author: 20194817
4 513 178 days ago Sign up or login to view
Customer Credit Limits Hello all. Who owns Credit Limits in your business? Sales or Credit? Is this the right ownership? Why? What frequency are Credit Limits reviewed?…
Author: Beth
5 206 178 days ago Sign up or login to view
Unregistered Businesses Hi Guys, We have an established customer who wants a second delivery point opened to an unregistered business using the same ABN as the existing acco…
Author: Rodney Jarvis
5 451 178 days ago Sign up or login to view
GUEST SPEAKER AT CREDIT COURSE Hi Guys We are looking for a Credit Manager / Team Leader / Guest Speaker for an internal Debtors Course we are running on Mon 7th Dec in Sydney. We'…
Author: Rporter
2 552 178 days ago Sign up or login to view
Trust Accounts 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.
Author: INDIANA
3 342 184 days ago Sign up or login to view
Course 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? …
Author: Jodyassi
3 125 184 days ago Sign up or login to view
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…
Author: Bunyip007
4 199 190 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…
Author: Kymfauscred
4 201 196 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?
Author: Qtime
3 214 198 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.…
Author: Aiced
0 99 199 days ago Sign up or login to view
PPSR registration 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…
Author: Amy Beigoff
7 238 204 days ago Sign up or login to view
accounts assistant Hello everyone, Hoping you can assist. we are currently interviewing for an accounts assistant role and would like to ask the applicants to complete …
Author: Tracey
2 98 204 days ago Sign up or login to view
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 !!!!!!
Author: Natrisse
3 88 204 days ago Sign up or login to view
Credit Bureau Meetings - Advertising Media Industry Hi there, Does anyone know if there is a bureau for the advertising / media industry? If no, is anyone interested? Thanks, Teresa
Author: Teresa Brown
4 116 205 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…
Author: Nick
9 233 209 days ago Sign up or login to view
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
Author: Franer3
4 104 210 days ago Sign up or login to view
PPSR 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…
Author: Terrys
3 109 210 days ago Sign up or login to view
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,.
Author: Solace23
7 189 213 days ago Sign up or login to view
Government Payment 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 …
Author: Nick
2 105 218 days ago Sign up or login to view
Time Frame to Assess Commercial Credit Application What is the time frame that you allow to process a commercial credit Application?
Author: HJP
3 157 218 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…
Author: Sharlene Roycroft
4 112 222 days ago Sign up or login to view
PPSR Does everybody agree that, to assist Creditors claim proceeds of sale of their products, Administrators should be obliged to publish Lists of Debtors,…
Author: Sandran
5 117 223 days ago Sign up or login to view
ATO request for Third Party Check Hi All, 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…
Author: RebeccaP
2 131 229 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???
Author: Solace23
3 243 231 days ago Sign up or login to view
PPSA Hi Is it true that the PPSA gives a defence to preference claims? Any help or advice would be greatly appreciated. Cheers Tim
Author: Tim Ewing
13 236 232 days ago Sign up or login to view
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…
Author: Nichola
6 274 232 days ago Sign up or login to view
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…
Author: HJP
3 169 240 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…
Author: Teresa Brown
0 105 240 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…
Author: Zeeks
5 186 240 days ago Sign up or login to view
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…
Author: Solace23
2 172 240 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…
Author: Solace23
2 101 241 days ago Sign up or login to view
Customer Visits 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…
Author: Ribbn
4 125 251 days ago Sign up or login to view
First contact Hi All, 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…
Author: Nick
5 277 276 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…
Author: Jackie
3 179 287 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 …
Author: Michelle78
2 249 294 days ago Sign up or login to view
$ 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…
Author: 20194817
6 225 300 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?
Author: Chaudharyvinay1
1 107 301 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…
Author: Rodney Jarvis
4 191 303 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 …
Author: Olivia
3 190 310 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…
Author: INDIANA
4 108 316 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…
Author: Kshrigley
2 120 318 days ago Sign up or login to view
Collection Letters 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…
Author: Qtime
2 121 318 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…
Author: Kshrigley
2 338 318 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…
Author: LISAA
3 152 318 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.
Author: Solace23
2 79 322 days ago Sign up or login to view
Credit check How do you perform a credit check on an entity that operates its business through a trust?
Author: Laura McEwan
8 302 325 days ago Sign up or login to view
Customer's Business' Changing Hands/Being Sold Hi All! 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…
Author: Lorencrawford
8 279 327 days ago Sign up or login to view
Legal action/Default listing on 'drip payments' Hi All, Occasionally we have customers that stop buying from us having gone to an opposition company. When pressed for payment, the customer sometime…
Author: Rodney Jarvis
6 326 331 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 …
Author: Katinkafair
4 228 349 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 …
Author: Solace23
2 94 350 days ago Sign up or login to view
Off Setting Debts - Debtor/Creditor Hi All, 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…
Author: JulieHaigh
2 166 353 days ago Sign up or login to view
Seeking Job Opportunity Hi All, 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…
Author: Jason B
0 106 358 days ago Sign up or login to view