We’re making it easier to prepare for financial settlement in PEXA Projects with enhancements to account locking, to give Members the confidence to utilise this feature and unlock downstream efficiencies when signing off on the FSS.
In this release, we’re enabling users to edit locked accounts before they are approved by an authorised signatory, further streamlining preparation.
We’re working on additional enhancements to account locking functionality in PEXA Projects – Stay tuned for further updates soon.
To help developers represented by practitioners on PEXA claim GST credits for GST paid on PEXA Fees, PEXA will begin sending invoices to developers.
Developers will receive a single invoice at the end of the day for Workspaces in a Project settled that day.
Invoices will be generated based on the Supplier Details entered when creating and/or editing a Project. When entering Project details, select “Yes” in response to the question “Is GST applicable”, within the Supplier details section and complete all fields marked with an asterisk as required.