Butn Now - Transaction Request

New transaction Request:

Users with the permission 'Butn - Submit Transaction Requests' can complete the Butn Now transaction Request to easily access their commission.

1. Open an Unconditional Sale & navigate to the Offers & Contracts Tab

2. Click on the Butn - Get Paid Now Button

3. Complete the new transaction request form

Total Commission  - this is pre-filled from the Offer/Contracts (incGST) and must match the total amount of commission that the Agency is entitled to collect
(based on the proof of transaction documentation: Agency Agreement & Executed Contract of Sale) regardless of how they will be distributing that commission internally or externally.

Percentage to fund - is the percentage (%) of the total Commission which the Agency is requesting Butn Now to actually fund/pay in advance

Funded Commission - is the calculated amount based on the percentage to fund amount

Payment Amount - is the amount Butn Now will be actually paying after their fees have been taken out

Repayment Date  - is the date Butn Now will be collecting the repayment of the total Funded Commission. This is prefilled with the Expected Settlement Date and Butn will add 3 days buffer to this on their end

Agency Agreement - The Agency Agreement must be loaded into the Resources Tab. Select the Agency Agreement (the documents that must be provided as proof of the Agency’s entitlement to the Total Commission)

Contract of Sale - An executed copy of the contract of sale must be loaded into the Resources tab

Bank Account to Pay - The account that the Agency is requesting the payment amount to be paid into.
This is not necessarily the same account that has been set up to be direct debited upon Repayment (which is configured during the account registration process) 

The dropdown will contain existing bank accounts that have been configured within the Agentbox system via the Sales Trust module (if enabled) but also includes an ‘Other’ option to allow manual entry.

4. Click submit and you will be redirected to the Butn web portal to confirm the request if you are the account owner.

Butn Now - Existing Transaction Requests

If any requests have already been submitted for the Offer/Contract record, details will be shown instead of the options to submit a new request. Only one transaction request can be submitted for an Offer/Contract record in Agentbox.

If the request is rejected or needs to be amended, you need to contact Butn directly.

Transactions marked as "Draft" must be confirmed by the Account Owner via the Butn web portal. Requests with the status "Review" are waiting for approval by Butn.

Transactions marked as "Draft" must be confirmed by the Account Owner via the Butn web portal. If the request has not yet been confirmed via the Butn Web Portal, it will remain in ‘Draft’ Status until the account owner confirms the transaction request via the Butn Web Portal using their password.

Clicking “Complete Transaction” will redirect the user to the confirmation screen in the Butn Web Portal (password still required).

Requests with the status "Review" are waiting for approval by Butn Now