In this example of processing an Account Sale, the balance of the commission will be held in the agency's trust account as it will not be drawn down until a later stage.
Update the status to Account Sale.
On the Account Sale page, untick "Pay Now" as the commission will not be taken today. Set a diary reminder to draw the commission on the relevant date and process.
Selecting Process will create a single EFT payment to the Vendor or Vendor's Solicitor
The trust balance is reduced to $29,975.00.
This will be drawn as commission on the 15th of August
When it is time to draw the commission, process a New Trust Payment
An eft payment to "Us" for the amount of $29,975.00 will be created.
Save the record
All funds have been disbursed
The status can now be updated from Account Sale to Completed