Transferring funds from Adjustments to a Sale or Campaign

Adjustments are essentially a way to account for funds that do not have a clear destination. This can happen for a variety of reasons, such as a deposit received without an associated property address. In these cases, the funds cannot be allocated to a specific sale or campaign, and therefore, an adjustment is created. Adjustments simply indicate that there are funds in the trust account that need to be properly categorised or allocated.

Create a Trust Transfer once you have confirmed which property the funds should be linked to

1- Confirm the date
2- Enter the amount
3- Under " Transfer From" select "Adjustment" from the drop-down. At the same time, select the "Offset Adjustment" button which will now be in view.

Offset the payment transfer against the original deposit adjustment previously created

Select the tick box
Select Offset
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​Please note when offsetting Adjustments against each other, the amount must be identical.

Under "Transfer To" search for the property you are transferring the funds across to.
Select OK
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​The amount of $600.00 which was sitting in adjustments, has now been transferred to the Sale Card for 7 Lemon Grove

Not all adjustments created will belong to a sale or campaign.

For example, you may have an amount sitting in adjustments that belong to a rental property, therefore the funds must be transferred out of the sales trust bank account.
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If a trust transfer is not required, simply process an Adjustment Payment

Offset the payment adjustment against the original credit adjustment created.
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The payment will now appear on your bank reconciliation and the amount can be transferred out of the sales trust bank account.
​Please note adjustments cannot be included in ABA files

To view adjustments that must be dealt with, or those that have not been offset, open Trust- Trust Adjustment Inquiry.

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