VIC - Statement of Adjustments - Purchase/Sale

Getting the most out of automated documents

Statement of Adjustments - Purchase/Sale - VIC

Where it is

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
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