VIC - Statement of Account - Purchase

Getting the most out of automated documents

Statement of Account - Purchase - VIC

Where it is

State: VIC

Path:  Conveyancing/Purchase/Pre Settlement

What it looks like

Where the data comes from

Conveyancing Details:  Purchase Price

Conveyancing Details:  Deposit Paid amount

Calculation: Total of purchaser payable adjustments less vendor payable adjustments

Settlement Financials: List of all amounts required to settle

Settlement Financials: Total amount required to settle

Select 'Interim' in response to prompt "Select Statement Type" for 7-11 to populate based on available funds

Settlement Financials: Bank available funds

Settlement Financials: ELNO available balance

Settlement Financials: Trust available balance

Calculation: Total amount required to settle less Bank, ELNO, Trust & Sale Proceeds available funds

Settlement Financials: Total amount required for settlement

Select 'Final' in response to prompt "Select Statement Type" for 13-17 to populate based on payment details
Settlement Financials: Total of all payments 'Paid From' bank

Settlement Financials: Total of all payments 'Paid From' ELNO

Settlement Financials: Total of all payments 'Paid From' trust
Settlement Financials: Total of all payments 'Paid From' sale proceeds 
Settlement Financials: Total of all payments

Handy Hints

If the deposit does not display, ensure it has been selected as paid in Conveyancing Details

To select Sale Proceeds as a funding option, check simultaneous sale & purchase in Conveyancing Details
 

 

 

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