Are you using a third-party real estate marketing funding company such as Campaign Agent? This means that the amount owed to the third-party company will be taken out of the total sales amount before the remaining balance is paid to the vendor. To ensure that your Account Sale runs smoothly, make sure to communicate with your vendor about any third-party financing that was used. It is important to know upfront if trust payments need to be deducted and how much, so there are no surprises during the sales process.
In addition to adding all campaign line items, the interest portion should be added as a single line item on the existing campaign. This amount can be invoiced separately or be included in the overall invoice sent to the Vendor.
Before adding the interest line above, the "item" must be added to your item list
Prior to running the Account Sale, create a trust payment to the relevant party e.g. Client- Campaign Agent for the amount due.
The trust payment must be processed before running the Account Sale as you cannot transfer funds to a "supplier" from the Account Sale screen.
Or if the VPA (including interest) will be paid directly from the trading account, the total outstanding marketing may be included with your commission figures below
