NSW - Reconciliation Statement

Where it is

State: NSW

Path: Conveyancing/Purchase/Pre Settlement

What it looks like

Where the data comes from

1. The Amount Required to Settle section of the Settlement Financials > Payments tab
2. The Settlement Financials > Payments tab
   • ELNO Total Available Funds
   • Trust Total Available Funds
   • Client Payments Total Amount
   • Sale Proceeds Total Available Funds
   • Bank Total Available Funds
   • Shortfall Amount or  Surplus Amount
3. All Payments entered to Settlement Financials > Payments tab that have Bank selected from the Paid From option 
4. All Payments entered to Settlement Financials > Payments tab that have Trust selected from the Paid From option
5. All Payments entered to Settlement Financials > Payments tab that have ELNO selected from the Paid From option
6. All Payments entered to Settlement Financials > Payments tab that have Client selected from the Paid From option
7. All Payments entered to Settlement Financials > Payments tab that have Sale Proceeds selected from the Paid From option
8. Total of all Payments entered to Settlement Financials > Payments tab that have a Paid From option selected
9. Total Payments to be Advised will populate if the Total Payments amount is less than the Total Required to Settle amount

Handy Hints

• Ensure that you have selected the Paid From option for all Payments entered to Settlement Financials
• Ensure that you have entered all additional or extra Amounts Required to Settle to Settlement Financials
• If there are Sale Proceeds, go to the Conveyancing Details layout and select the Simultaneous Sale and Purchase checkbox