QLD - Reconciliation Statement - Purchase

Getting the most out of automated documents

Reconciliation Statement - Purchase

Where it is

State: QLD

Path: Conveyancing/Purchase/Pre Settlement

What it looks like

Where the data comes from

Settings: Firm Details: Firm Name

Calculation: Purchaser's surname(s) obtained from Purchaser contact card(s) and Vendor's surname(s) obtained from Vendor contact card(s)

Property Details: Property Address

Conveyancing Details: Settlement Date

Settlement Financials: Adjustments: Amount Due on Settlement

Document question

This will populate if Conveyancing Details: Electronic Transaction is checked

Conveyancing Details: Stamp Duty, Tax & Registration: Registration Fee

Conveyancing Details: Stamp Duty, Tax & Registration: Duty Payable

Settlement Financials: Total of all payments 'drawn by' client

Settlement Financials: Total of all payments items in the left hand column

Calculation: Sum of all items in the right hand column

Settlement Financials: Total of all payments 'drawn by' bank

Settlement Financials: Total of all payments 'drawn by' client
Calculation: Sum of all items in the left hand column
Calculation: Sum of all items in the right hand column

Handy Hints

The Transfer Registration Fee (8) only populates on the Settlement Financials (and therefore this document) when there is no Incoming Mortgagee. This amount can be manually overridden, for example if you wish to add the Discharge of Mortgage registration fee to obtain one total registration amount. 

To ensure the totals at (11), (12) / (15), (16) calculate correctly please ensure there are no blank rows left between amounts, i.e. all amounts in the left column should be one row after the other and all amounts in the right column should be one row after the other.
Was this article helpful?
0 out of 0 found this helpful

Articles in this section

See more