Disbursement Authorization & Trade Sheet (New Edit Deal Page View)

In this article, we will review the differences between the Commission Disbursement Authorization (CDA) and the Trade Sheet in SkySlope Books on the New Edit Deal Page!  We will also show you how to prepare them and provide you with an example of each version.

Still using the Classic Edit Deal Page?  Check out this article that covers all the same topics but for the Classic View!

Commission Disbursement Authorization

The CDA, or Commission Disbursement Authorization form displays specific payout instructions that can be provided to the closing company. 

Viewing, emailing, downloading the CDA:

1. Navigate to Deal and click on New Edit Deal Page 

2. Click on Documents in the top right-hand corner of the screen

3. Deal Disbursement: Email, Download or Print options are available

• The CDA will be in Draft status until the deal is approved
• The CDA and Trade Sheet will automatically post to the SkySlope transaction document tab upon approval when the toggle is on within the SkySlope integration company settings  
• The information on the CDA can be customized, please reach out to your CSM or Support if you would like to update

Pay at Closing vs Pay at Remaining

In SkySlope Books, the CDA is automatically generated based on the financial information calculated in the deal.  The financial information will update depending on whether Pay at Closing or Pay at Remaining is selected.  

Pay at Closing: CDA will instruct the closing company to disburse payouts

Pay at Remaining: Closing company will send the entire amount of the commission to the brokerage and the brokerage will be disbursing payouts

Trade Sheet

The Trade Sheet is designed to the payout details whether or not Pay at Closing or Pay at Remaining is selected.  

Accessing the Trade Sheet:

1. Navigate to Deal and click on New Edit Deal Page 

2. Click on Documents in the top right-hand corner of the screen

3. There are four different versions of trade sheets: Print option is available

• Condensed: Shows all the deal information and its breakdown on a single page
• Expanded: Shows all the deal information and its breakdown in an expanded view over two pages
• Broker: Shows all the deal information and details for the Deal, Split, Company & Agent breakdown along with commission plan information.  The footer will include anniversary and CAP information.
• Agent Trade Sheet: Brokers can download and print the agent version and send to their agents 

Broker (Example)

Agent (Example)

Updated October 11, 2024 20:30