Where it is
State: SA
Path: Conveyancing/Purchase
What it looks like
Where the data comes from
- Property Details: Property Address
- Conveyancing Details: Settlement Date
- Calculation: The adjustment date will automatically populate as the day before the settlement date, unless you overwrite it in Settlement Financials
- Conveyancing Details: Purchase Price
- Conveyancing Details: GST Amount
- Conveyancing Details: Deposit Paid amount
- Settlement Financials: Add Statement Item > Price & Adjustments
- Settlement Financials: Add Statement Item > Our Fees & Disbursements
- Settlement Financials: Stamp Duty on Transfer automatically populates from Conveyancing Details > Stamp Duty, Tax & Registration
- Conveyancing Details > Stamp Duty, Tax & Registration > Duty Payable, unless overwritten (see Handy Hints)
- Settlement Financials: Automatically populates. Can be removed if not required
- Settlement Financials: Automatically populates. Can be removed if not required
- Settlement Financials: Add Statement Item > Other Debits & Credits > Add as Credit
- Calculation: Settlement Financials Total debits less Total credits
- Calculation: GST payable on Fees & Disbursements for tax invoice component of Settlement Statement
- Calculation: Total of all debits and Total of all credits
Handy Hints
- The deposit status must be selected as ‘Paid’ in Conveyancing Details for the amount to populate
- To remove an item from Settlement Financials hover over the entry with your mouse and click the Remove button
- To add an item to Settlement Financials click Add Statement Item or use the arrow to the right, and select from the dropdown menu
- In this example, the Discharge of Mortgage Registration Fee payment has been removed and the Transfer Registration Fee has been manually overwritten to include the Discharge of Mortgage Registration Fee so that only one payment is made for the purposes of registration