DG & AB Maxwell

Consulting Accountants

Specialists in
Local Government
Management,
Administration & Finance

PO Box 5450
Wagga Wagga NSW 2650

Email: davemax@ozemail.com.au

Coalface Software Solutions are designed to simplify and speed up your work, while providing compre- hensive working papers to meet all internal and external audit requirements.

All Coalface Software Solutions were originally designed to resolve real live problems at real live councils-just like yours.

All Coalface Software Solutions come with a 30 day money back guarantee so you can test them to be sure they meet your needs.

Prompt delivery on receipt of official Council order.

Products

Developer Contributions

In every Australian State legislation can require developers to make contributions towards the cost of additional community facilities. Most States require that these funds be expended for the purpose they were levied, and some States require that interest earned on these funds be credited. Some States permit the expenditure in advance of receipt, with the levying of debit interest on the shortfall.

Under AASB 1004, these amounts are required to be treated as income in the year of receipt, and unexpended balances are Restricted Assets.

Conventional ledgers do not cope well at all, but our Excel template does the trick!

Just click here for an order form and further information.

$125 (excluding GST) $137.50 (including GST)