VIC - Statement of Account - Purchase

Where it is

State: VIC

Path:  Conveyancing/Purchase/Pre Settlement

What it looks like

Where the data comes from

1. Conveyancing Details:  Purchase Price
2. Conveyancing Details:  Deposit Paid amount
3. Calculation: Total of purchaser payable adjustments less vendor payable adjustments
4. Settlement Financials: List of all amounts required to settle
5. Settlement Financials: Total amount required to settle
6. Select 'Interim' in response to prompt "Select Statement Type" for 7-11 to populate based on available funds
7. Settlement Financials: Bank available funds
8. Settlement Financials: ELNO available balance
9. Settlement Financials: Trust available balance
10. Calculation: Total amount required to settle less Bank, ELNO, Trust & Sale Proceeds available funds
11. Settlement Financials: Total amount required for settlement
12. Select 'Final' in response to prompt "Select Statement Type" for 13-17 to populate based on payment details
13. Settlement Financials: Total of all payments 'Paid From' bank
14. Settlement Financials: Total of all payments 'Paid From' ELNO
15. Settlement Financials: Total of all payments 'Paid From' trust
16. Settlement Financials: Total of all payments 'Paid From' sale proceeds
17. 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