NSW - Reconciliation Statement

Getting the most out of automated documents

Reconciliation Statement - Purchase - NSW

Where it is

State: NSW

Path: Conveyancing/Purchase/Pre Settlement

What it looks like

Where the data comes from

The Amount Required to Settle section of the Settlement Financials > Payments tab

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

All Payments entered to Settlement Financials > Payments tab that have Bank selected from the Paid From option 

All Payments entered to Settlement Financials > Payments tab that have Trust selected from the Paid From option
All Payments entered to Settlement Financials > Payments tab that have ELNO selected from the Paid From option

All Payments entered to Settlement Financials > Payments tab that have Client selected from the Paid From option

All Payments entered to Settlement Financials > Payments tab that have Sale Proceeds selected from the Paid From option

  • Total of all Payments entered to Settlement Financials > Payments tab that have a Paid From option selected
  • 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
Was this article helpful?
0 out of 0 found this helpful

Articles in this section

See more