Creating & managing a current RCTI
This article will run through how to create a new RCTI agreement, update agency details, and remove a stakeholder for the payment section within your Move Me In account. The processes in this article include: Creating a New RCTI Updating Agency Details Removing a Payment Stakeholder
Overview
Creating & managing a current RCTI
This article will run through how to create a new RCTI agreement, update agency details, and remove a stakeholder for the payment section within your Move Me In account.
The processes in this article include:
- Creating a New RCTI
- Updating Agency Details
- Removing a Payment Stakeholder
Creating a New RCTI
- Navigate to Invoicing and select Payment Details.
- Click Update RCTI Agreement.
- Click Start Fresh RCTI.
- Select whether you want to Share with staff or send the commission All to the office.
Option 1: Share with Staff
You can choose between:
- All to the Referrer: All commissions go to the person associated with the property.
- Performative Split: Specify a percentage of commissions for the referrer and the rest to the agency.
- Pooled Split: Split funds across multiple accounts (between 1 and 50).
Option 2: All to the Office
- Choose All to the Agency: All commissions go directly to the main agency account for all properties.
Click Go to Form under your preferred option to continue the RCTI setup.
- Enter your business ABN where designated. Following this action, the Entity Name will auto-populate.
- Click the dropdown adjacent to the Billing Information section.
- Enter the name, email, business name and address in the designated fields.
- Click the dropdown adjacent to the Payment Structure section.
- Select Yes or No from the dropdown menu.
- Click the dropdown adjacent to the Main Agency Account section.
- Enter the required payment account details where designated.
- If you wish to include additional accounts, click +Add.
Note: The total percentage across all accounts must equal exactly 100%.
- After reading and understanding the Terms & Conditions, select both checkboxes before clicking Send.
Updating Agency Details
- From the Dashboard, navigate to Invoicing > Payment Details, and select Update RCTI Agreement.
- After updating the required information, review the Terms & Conditions, select both checkboxes to confirm your understanding, and click Send.
Removing a Payment Stakeholder
- From the Dashboard, navigate to Invoicing > Payment Details, and select Update RCTI Agreement.
- Click the Trash Icon and the previous payment details will no longer be active.
- After reviewing the Terms & Conditions, select both checkboxes to confirm your understanding, and click Send.