SETTINGS · FINANCIAL RULES
Financial Settings
Banks, installment rules, penalties, commissions & numbering
Bank Accounts
3
Installment Plans
5
Commission Tiers
4
Late Penalty
1.5%/mo
Next Receipt No.
RCP-2024-08842
Bank accounts
Verified collection accounts
Zenith Bank
1014782236
Adewale Properties Group Ltd
PRIMARY COLLECTIONS
GTBank
0229841107
Adewale Properties Group Ltd
LEKKI ESTATE RECEIPTS
Access Bank
0698123354
APG Project Account
CONTRACTOR DISBURSEMENTS
Installment rule builder
Active payment plan structures
| Plan | Deposit | Tenure | Premium | Status |
|---|---|---|---|---|
| Outright | 100% | — | 0% | Active |
| 6-Month Plan | 30% | 6 months | 5% | Active |
| 12-Month Plan | 25% | 12 months | 10% | Active |
| 18-Month Plan | 20% | 18 months | 15% | Active |
| 24-Month Diaspora | 20% | 24 months | 18% | Active |
Commission rules
Agent & realtor payout structure
| Tier | Applies To | Rate | Paid |
|---|---|---|---|
| Direct Sale | In-house sales agents | 5.5% | On 50% collection |
| Realtor Network | Registered external realtors | 7% | On full deposit |
| Referral | Existing customers | 2% | On allocation |
| Diaspora Partner | UK/US/Canada partners | 8% | On 30% collection |
Penalty configuration
Late Payment Penalty
1.5% per month on outstanding balance
Grace Period
7 days after due date
Default Threshold
3 consecutive missed installments
Plot Revocation Rule
Executive approval required after 6 months default
Refund rules
Processing Window
60 working days from approval
Administrative Charge
10% of amount paid
Approval Chain
Finance Admin → Executive sign-off
Payment Verification
Manual bank transfer matching · dual review
Numbering systems
Invoice Format
INV-{YYYY}-{00000} · next INV-2024-03318
Receipt Format
RCP-{YYYY}-{00000} · next RCP-2024-08842
Refund Format
RFD-{YYYY}-{00000} · next RFD-2024-00215
Allocation Format
ALC-{ESTATE}-{PLOT} · e.g. ALC-LPG-B14