- To start building your Adjustment/Settlement click on the + button within the Adjustments section of your opened calculator.
*NOTE this is the same for both Statement Types
- Next select the type from the drop down list
Other Adjustment - Fixed Amount is for when you need to adjust for a specific already known amount (ie Discharge Fee, Refund a specific amount to Vendor etc).
Other Adjustment - Date Period is the most common for when a calculation needs to be completed for a number of days between a period (ie Council Rates, Land Tax, Rent etc).
Water Usage - to calculate the water usage for the property
Water and Sewerage Rates - to calculate an adjustment of the water/sewerage rates either for a billed period or daily average
Other Adjustment - Fixed Amount
A = Add the Type of Adjustment (heading row)
B = Add a description (if applicable)
C= Add the amount of the Fixed Amount
D = Select whether it is to be treated as Paid (Debit/Payable by Purchaser) or Unpaid (Credit/Payable by Vendor)
Based on the above example, final calculation for Statement would then produce as:
Other Adjustment - Date Period
Complete the fields on the input window as per your search results obtained.
A = Title for Adjustment Type
B = Brief description for the Adjustment (if applicable)
C = Amount to perform the calculation as per search results
D = The Billing Period relating to the above charged amount
E = The date period that you are adjusting for.
F = From Date/Start of billing period and To Date/End of billing/Adjustment Period. **NOTE that the From and To dates will automatically pre-populate based on your adjustment period selected and the adjustment date recorded on the matter but we advise that you double check that these are correct.
- Secondly. the Status section will automatically default to paid, however, this can be changed to unpaid or adjust as paid.
- Lastly, you also have the option to apportion the adjustment either by entitlement or shared percentage. By default this will be set to Do not Apportion
Once you are happy click ok and the calculator will perform the necessary calculations in the backend based on your input data.
Based on the above example, final calculation for Statement would then produce as:
Repeat the above steps to build out the adjustments Section of your Settlement/Adjustment Statement.
Deleting/Amending an Adjustment Line
If you need to make a change to a previously added item, simply click on the arrow next to the entry and either make the required amounts or you can delete the entry entirely by clicking delete button on the input window.
