Table of Contents
- Getting Started
- Generate VIC Purchase/Sale Statement of Adjustments
- 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 VIC Purchase/Sale Statement of Adjustments. Learn more about completing Settlement Financials.
Generate VIC Purchase/Sale Statement of Adjustments
1. Select Precedent from the Matter Action Bar.
2. Select either:
- Conveyancing Sale category and then select the Settlement folder; or
- Conveyancing Purchase category and then select the Pre Settlement folder.
3. Double-click Statement of Adjustments to open the precedent in Word.
Where the data comes from
| 1. | Matter type | Purchaser's surname(s) obtained from Purchaser contact card(s) and Vendor's surname(s) obtained from Vendor contact card(s) |
| 2. | Property Address | Property Details |
| 3. | Adjustment Date | Automatically populates from Conveyancing Details |
| 4. | Settlement Date | Conveyancing Details Settlement Date can be manually overwritten |
| 5. | Add Adjustment Item | Settlement Financials |
| 6. | Total of all Purchaser Adjustments | Total of all Purchaser Adjustments in Settlement Financials |
| 7. | Vendor's Proportion | Total of all Vendor Adjustments in Settlement Financials |
| 8. | Purchaser to pay Vendor | Total of all Purchaser Adjustments less Vendor Adjustments |
| 9. | Purchase Price | Conveyancing Details |
| 10. | Paid Deposit Amount | Conveyancing Details |
| 11. | Balance | Purchase Price less Paid Deposit Amount |
| 12. | Plus adjustments | Total of Adjustments calculated at (8) above |
| 13. | Balance due to Vendor | Settlement Financials > Amount Due on Settlement |
| 14. | Settlement Payments | Settlement Financials > Payments tab > Payment Direction All Vendor selected payments |
| 15. | Total Payments | Calculation = Settlement Financials > Vendor Payments Total Amount |
| 16. | Date | Automatically populates as the date the document was created |
| 17. | Firm | triConvey Settings > Firm Details > Firm Name |
| 18. | Our Ref | Matter number as entered in Matter Info |
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 complete the GST Amount in Conveyancing Details and select the GST Type.
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