Financial Services (3)


Do You Really Need to Hire an Accountant? Find Out!

A business accountant can assist you in knowing the most effective way to utilize your business assets, so as to get the best out of your finances.  As much as you are an expert in your industry or field, chances are that you are not an expert in tax and accounting.  Your accountant will ensure that the financial health of your business is not compromised. He or she will advise you on how you can manage and save money to guarantee the success of your business.

Below are six reasons to hire qualified Accountant Melbourne - Moran Accountants you can rely on:

Accountant Melbourne - Moran Accountants

1. Business Assets

A certified accountant Melbourne – Moran Accountants is familiar with your business assets and will successfully manage your finances.  They also balance the entire ledger, its detailed profits, losses, debit and credits. Accountants also offer valuable information on how you can increase your monetary resources since they have up to date information about your business’ financial position.

2. Tax Assessments

Accountants are always updated on the prevailing business tax law. They can also assist you in verifying compliance, thus avoid troubles related to taxation.  Since accountants are aware of different taxation breaks whenever they occur, they ensure that you enjoy excellent favorable tax treatments.

3. Technical Financial Systems

Qualified accountants are also skillful on how to use the most current accounting aspects with software such as QuickBooks. This software enables quick reports and statements. Also, access to an organized accounting system can help you in other areas of your business.

4. Business Planning

A professional accountant can play the role of an adviser. He or she can also review your business and offer useful advice in preparing important financial reports the organization can depend on when making vital business decisions. The accountant can also help in forecasting the viability of projects related to your business.  In addition, the accountant can help your organization set realistic targets, and define ways to achieve your financial goals.

5. Networking and Referrals

Accountants receive a certain level of respect in the business community. They can, therefore, offer valuable networking contacts which can help you grow your business with ease. These contacts can assist with networking for buying, selling and with prospective business partnership and other ventures.

6. New Business Perspective

In most cases, you may be too involved in overseeing daily business operations that you may not be in the position to see the entire picture of your business. Another person may easily see things in a perspective different from yours. Your accountant is meant to help you gain fresh concepts, new perspective and view things in a different angle and suggests better ideas.

Accountant Melbourne – Moran Accountants

The above are just some of the numerous advantages you can enjoy when you have an Accountant Melbourne – Moran Accountants in your business.  An accountant’s job does not only entail crunching numbers.  They can offer beneficial and worthwhile marketing and tax advice essential to your business’ future success. Of course, an accountant’s services are not for free. However, hiring the best accountant can help you save a lot of money in future. Check out Moran Chartered Accountants




A brief Look into Debt Collection Guidelines

Many people in debt think that debt collectors have the right to ask for their debts to be repaid in whichever method they choose. As much as their jobs entail following people up so that they can pay up, debtors also have the right to be treated humanely and professionally. In order to ensure that this happens, Australia has come up with debt collector guidelines which should be followed to ensure that harmony exists between debtors and debt collectors. These go a long way in making sure that the debts are paid without the debtors being harassed.

Debt Collector Guidelines

What should you do when you start being hassled?

Establish a plan to clear the debt: The debt collectors are following you up because you owe something. In order to get them off your back completely, you need to get a personalised debt action plan which will enable you to start paying off your debt slowly. When the debt collectors see that you are making an effort to rectify the situation, they will most definitely stop hassling pertaining to the money you owe.

Find out if the collector actions are legal: A great way to gain knowledge about a subject is to research and ask relevant parties questions. To know whether a debt collector is within the law, be sure to seek advice from the Consumer Action Law toll-free telephone line. The professionals on call are well aware of the Australia Debt Collector Guidelines and will explain to you what should and should not be done according to the law.

Detailed Record Keeping: In order to prove that you are being hassled, you need to keep a detailed record of all the communication that happens when you are contacted by debt collectors. Many hassling complaints are proven by use of the communication record. To make sure that all the details are captured, you should ensure that you note the name, date, time, and a brief description of what was discussed on the day the debt collector showed up.

How do you take action to stop being hassled?

Make a complaint: As a debtor, you have the right to complain about being hassled. As types of debts vary, it is advisable that you do your research and find out where exactly you are supposed to submit your complaint to in order for the complaint to be effective.

Write a letter asking them to stop all contact: With the help of your lawyer or financial counselor, you can write a letter asking the debt collection agency to stop harassing you. However, this can only be done if you have a personalised debt action plan which you intend to follow to the latter.

Ask collection agency to use only certain communication methods: It is very annoying for anyone to invade your personal space all in the name of pursuing a debt. This said, you can ask the agency to contact you in the ways you find comfortable and professional. This will definitely help you be less stressed and will enable you to concentrate on repaying the debt.

As seen, there are debt collector guidelines that govern debt collection. You do not need to go through hell to pay a debt since even as a debtor, you have rights! Find out more at HTTP://WWW.DEBTMEDIATORS.COM.AU/DEBT-ARTICLES/HOW-TO-DEAL-WITH-DEBT-COLLECTORS/.




3 Simple Steps To Avoid Serious Debt

The things that we do right now will decide the outcome of tomorrow. How much you spend is a testament of your financial decisions. Spending more does not usually indicate a higher income and so does the opposite. Most rich people stay rich because they spend less than they should thus saving more money for more important matters. Due to most people’s desire of having material things that they can’t afford to pay by cash, they usually result to debt. However, engaging on serious debts does not usually do good things for the person who is in it. A lot of studies found out that serious debts have caused depression and anxiety to a lot of people. Some of these even resulted to suicides. Of course, you don’t want that to happen, right? So, here are some things you can do to avoid debt.

how much you spend

Make a budget planner

Making an elaborate and detailed budget planner might be a little tedious and tiresome but it is going to do wonders for you. By writing your budget down, you are also unconsciously memorizing it. Doing this does not only make you spend less but it also helps you remember to pay for your bills. In writing a budget planner, indicate your net wage per month. Next list all your expenditures depending on priority. Things such as mortgage or rent, insurance, savings, transport, food and utilities should come first. The remaining money for leisure and vacations should be determined by how much you spend on important things so that the things mentioned earlier would not be compromised. Check out Debt Helpline

Do not overspend

This is supposed to be a no brainer, however, a lot of people may be aware of its effects yet they do it anyway. Always ask yourself if you really need it. Would it really that bad if you don’t buy it? In addition to that, if you really need it, pay it in cash as much as possible. This way, you will be avoiding paying for credit card interests. But before doing that, make sure you shop around so that you get more choices. This will make help you make the best deal, thus making you spend less.

Stay away from credit scams

Although most credit repair companies that provide debt consolidation loansare legit, there are a few that might not only deliver false promises but might also dig a deeper hole for you. Beware of companies that make promises that are too good to be true. If it doesn’t sound very probable, it would be best if you stay away from it. Another thing you should keep in mind in order to avoid these companies is to see if they ask for upfront fees. If they have not done anything for you yet, don’t pay them. With that being said, it is better to seekindependent financial advice from trusted institutions. This is because these institutions are more likely to make a debt agreement that will fit you.

How much you spend today will determine your financial situation tomorrow. Make sure you do the right things to ensure an easy and smooth life.