The Settlement Financials layout is available on the following matter types:
- NSW - Purchase, Sale, Purchase of Business and Sale of Business
- VIC - Purchase, Sale, Purchase of Business and Sale of Business
- QLD - Purchase, Sale, Purchase of Business and Sale of Business
- SA - Purchase and Sale
The Settlement Financials layout provides the ability to enter and track State specific:
- adjustment/statement items;
- amounts required to settle;
- payment directions; and
- available funds and balances.
Where does the data go?
The data entered here is used to populate precedents in each State such as the Settlement Adjustment Sheet, Settlement Statement and Reconciliation Statement.
Step-by-Step Guide to completing Settlement Financials
Follow the articles below for a step-by-step guide in completing Settlement Financials for your matter:
Step 1: Enter adjustments in the Adjustments Tab
In South Australia it is known as the Settlement Statement Tab.
Step 2: Enter payments in the Payments Tab
In Queensland it is known as the Cheques Tab.
Step 3 (SA Only): Water Consumption (step-by-step guide coming soon)