### Amount Available for Distribution

When making a PIA distribution, the amount payable to each creditor is calculated as follows:

- Realisations

less - Realisation Charge

less - Fees Owed

less - Costs / Provisions

equals - Total Amount available for distribution (all creditors)
**Realisations**- The total of all asset realisations (usually debtor contributions up until the distribution date)**Realisation Charge Accrued**- the amount attributed to each transaction subject to realisation charge (remitted to AFSA)**Fees Owed**- entered as accounts payable or paid directly as fees up until the distribution date.**Cost / Provisions**- costs paid or entered as accounts payable as a provision for costs

### The amount paid to each creditor

The amount paid to each creditor is calculated by:

- Admitted Amount

times - The claim percentage

times - Amount available for distribution

equals - The owing amount

less - The amount paid to date

equals - The payment amount

### Creditors - Admitted Amount

The amount admitted for each creditors claim.

The Amount available for distribution will then be distributed pro-rata in accordance with the percentage of the admitted claim.

### Creditor Percentage Distribution (%)

This is the percentage of the creditors admitted claim in relation to the total of all creditors for the job.

### Owing

This is the total of the "**Amount available for distribution**" multiplied by the percentage.

### Paid

This is the amount previously paid to the creditor up until the date entered for the distribution.

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