Create a NSW Purchase Settlement Statement

The NSW Purchase Settlement Statement is a document that can be produced in triConvey from the Precedent Library.

It provides a list of all funds required to settle and a list of all payments that need to be drawn on Settlement.

Table of Contents

• Review transaction details
• Complete Settlement Financials
• Generate a Settlement Statement 

Review transaction details

Double-click Conveyancing Details from the Matter and ensure the following details have been entered correctly:

1.    Deposit Status.

2.    Paper Transaction unticked if it is an Electronic Transaction.

3.    Settlement Details.

4.    Select the Stamp Duty & Registration Details tab and complete Transfer Duty details.

5.    Review Total Registration Fees.

Complete Settlement Financials

1.    Double-click Settlement Financials from the Matter.

2.    Review the Adjustment Date.

3.    Enter Adjustments.  Learn more about completing NSW Settlement Financials.

4.    Select the Payments tab.

5.    Enter all additional Amounts Required to Settle.  Learn more about completing NSW Settlement Financials.

6.    Complete Payment Direction details.

Tip:  Specify who the payments are drawn by, as this will determine what information populates on the Settlement Statement - refer to NSW Settlement Financials.

Generate a Settlement Statement 

1.    Select Precedent from the Matter Action Bar.

2.    Navigate to the Purchase category and select the Pre Settlement folder.

3.    Double-click the Settlement Statement to open it in Word.

Tip:  Use the triConvey Toolbar to make amendments to the Word document.