Location of Precedent
State: VIC
Path: Conveyancing/Purchase/Pre Settlement and Conveyancing/Sale/Settlement
What it looks like
Where the data comes from
- Calculation: Purchaser's surname(s) obtained from Purchaser contact card(s) and Vendor's surname(s) obtained from Vendor contact card(s)
- Property Details: Property Address
- Settlement Financials: Adjustment Date automatically populates from Conveyancing Details: Settlement Date but can be manually overwritten
- Conveyancing Details: Settlement Date
- Settlement Financials: Add Adjustment Item
- Calculation: Total of all Purchaser Adjustments in Settlement Financials
- Calculation: Total of all Vendor Adjustments in Settlement Financials
- Calculation: Total of all Purchaser Adjustments less Vendor Adjustments
- Conveyancing Details: Purchase Price
- Conveyancing Details: Paid Deposit Amount
- Calculation: Purchase Price less Paid Deposit Amount
- Total of Adjustments calculated at 8 above
- Calculation: Settlement Financials: Amount Due on Settlement
- Settlement Financials: Payments: Payment Direction, all Vendor selected payments
- Calculation: Settlement Financials: Vendor Payments Total Amount
- Date document created
- Settings: Firm Details: Firm Name
- Calculation: Person Responsible initials: Matter number as entered in Matter Info
Handy Hints
- To remove an item from Settlement Financials hover over the entry with your mouse and click the Delete button
- If the deposit does not display, ensure it has been selected as paid in Conveyancing Details
- If GST applies complete the GST Amount in Conveyancing Details and select the GST Type