NSW - Reconciliation Statement

Emma Erlach

Updated 16 May 2022 05:04

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