Looking after your business' accounts is a highly important duty. As part of your Agency setup, the Director of your Agency would have previously provided us with Agency banking details for receipt of invoiced funds from RealtyAssist.

If your access allows (this permission must be granted by your Director), you are able to submit and amend banking details when required, and align specific Fund Request (invoice) types to specific bank accounts.

There are 4 Fund Request types you may collect payments for:

• Vendor Paid Advertising (VPA) - Sellers / Vendors
• Buyer Deposit - Buyers / Purchasers
• Maintenance & Advertising - Landlords
• Bond - Tenants

If you wish, you may have each Fund Request type paid into a different bank account. 
OR, you may choose to have multiple Fund Request types feeding to just 1 specific bank account. 

For example:
You might require that Maintenance & Advertising payments from Landlords and Bond payments from Tenants are both deposited to the same rental trust account.

To set up your banking details, log into your Member account on our platform, and make sure you're toggled into the correct "Location" (or office - this will only apply if you work for a multi-office business).

When you first log in, the Agency Portal "Dashboard" screen will load by default; you'll see a sidebar menu to the left hand side, and the main screen to the right hand side will display some reporting widgets/information.

Navigate to "Office Settings" in the menu on the left of the page.

Select the "Banking" menu.

To add a new account, click the blue "+ Add New" button located in the top right corner of the screen:

The "Add a Bank Account" screen will open - enter your nominated bank account details.

Once you have completed the required information, click the blue "Next" button to go to the next stage.

This will open the "Usage Details" screen, to set the funds request type or types to be deposited into the nominated account.

Set as Primary

Setting a Primary account ensures that all fund requests are associated with an active bank account.  This means that any fund requests that are not aligned to a particular account will automatically be assigned to your primary account if need be. 

You can simply set the account to your primary account by moving the toggle to the right.   

Selecting Fund Request Types Linked to this Account

You can now select the fund request types that you wish to be deposited in to this bank account. 

For example, it may just be the Vendor Paid Advertising (VPA) invoices that you wish to be deposited to this account.  Or you may wish that Maintenance and Advertising from Landlords and Bond from Tenants fund requests be deposited in to this account.  Simply just tick the required fund request types and once you have made your selection, you can then click the blue "Add Bank Account" button to finalise this account.   

You will now see icons for the linked bank accounts in the top right hand corner of the bank account added.  In the below example all fund request types have been linked to one bank account as there are 4 icons present.

By hovering over the icons you can see the bank account type that is linked.  In the below example, the yellow icon is for Vendor Paid Advertising (VPA).

To add more accounts and align other fund requests simply repeat the steps.

If you need further assistance, please contact our Agency Success Team on 1300 355 729 or email us at service@realtyassist.com.au