Table of Contents
- Getting Started
- Generate a QLD Purchase/Sale Settlement Statement
- Where the data comes from
- Handy Hints
Getting Started
Ensure that all details have been entered into Settlement Financials of your Matter before generating the Settlement Statement. Learn more about completing Settlement Financials.
Generate a QLD Purchase/Sale Settlement Statement
1. Select Precedent from the Matter Action Bar.
2. Select either:
- Conveyancing Purchase category and then select the Pre Settlement folder; or
- Conveyancing Sale category and then select the Pre Settlement folder.
3. Double-click the Settlement Statement to open the precedent in Word.
Where the data comes from
| 1. | Matter details | Info |
| 2. | Party surnames | Purchaser's surname(s) obtained from Purchaser contact card(s) and Vendor's surname(s) obtained from Vendor contact card(s) |
| 3. | Property Address | Property Details |
| 4. | Settlement Date | Conveyancing Details Can be manually overwritten |
| 5. | Adjustment Date | Conveyancing Details |
| 6. | Contract Date | Conveyancing Details |
| 7. | Settlement Place | Conveyancing Details > Settlement Details > Location |
| 8. | Settlement Time | Conveyancing Details > Settlement Details > Time |
| 9. | Contract Price | Conveyancing Details > Purchase Price |
| 10. | Less Deposit | Conveyancing Details > Deposit Total |
| 11. | Balance | Calculation = Purchase Price less Paid Deposit Amount |
| 12. | Adjustments | Settlement Financials > All Adjustment Items |
| 13. | Balance at Settlement | Calculation = Total of all Purchaser and Vendor Adjustments in Settlement Financials plus Balance (11) |
| 14. | Cheque Details | Settlement Financials > Cheques tab > Cheque Direction All Vendor selected cheques |
| 15. | Cheques Total | Calculation = Settlement Financials > Vendor Cheques Total Amount |
| 16. | Water Usage Calculation | Settlement Financials > Adjustments tab > Water Usage |
Handy Hints
- To remove an item from Settlement Financials hover over the entry and select Delete.
- If the deposit does not display, ensure it has been selected as paid in Conveyancing Details.
- If GST applies to the purchase price select the GST Type in Conveyancing Details and complete the GST Amount.
- If GST applies to adjustments, check Plus GST on each adjustment in Settlement Financials.
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