Search restrictions in green ID Business allow you to control the extent of automated register searches performed when creating the business structure, and the costs associated with doing so.
Why you would use this feature
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The below screenshots indicate how 'search restrictions' are highlighted:
What you need to know:
- Search restrictions do not impact sub-businesses with no business number to search.
- The search restrictions warning banner will only display if search restricted sub-businesses require verification.
- The audit logs record the search restriction thresholds applied to a search, and reflect if a related business was created as 'search restricted'
- A business can be 'verified' if it contains 'search restricted' sub-businesses in its structure, providing they do not require verification
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If a related business has been 'search restricted', then you will have the option of manually submitting a search for that business by using the 'perform search' button provided. When this search is submitted, only that specific business is searched for. Any related businesses within it will be 'search restricted'. This provides a greater level of control of the search spend incurred.
What you need to know:
- Using the search button immediately submits the search - there is no data entry or confirmation required by the user
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The billing of customers is determined outside of the greenID Business system. The system produces defined types of 'billing events'.
This section outlines when key billing events will be created if search restrictions are applied. How these impact the cost to you will depend on the billing model applied to your account (e.g. whether charged per search, per related business, or a fixed fee per verification).
Creation of 'register search' and 'related business created' billing events
When 'search restricted': If a related business has been 'search restricted', there will be no 'register search' billing event and no 'add related verification' billing event created for it. This means that you will not incur any cost for these sub-businesses.
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Sub-business with no business number: If a related business does not have a business number to search for, then it will be created as an empty sub business ready for manual population. An 'add related verification' billing event WILL be created for it. If you are charged based on these billing events, then you will incur a cost for these businesses.
Example:
A customer's account is configured as 'restrict by level' for ASIC searches, with a 'maximum search depth threshold' = 1. They submit an ACN search for Business A (this is level 1). Business A has 2 shareholders (these are at level 2) - Business B which has an ACN, and Business C which is a foreign company and therefore has no ACN.
- Business B will be search restricted (since its level is > 1) and no billing events will be created for it.
- Business C will be created as an empty business ready for manual population and an 'add related verification' billing event will be created.
- If the user then searches for Business B, both a 'CW register search' billing event and an 'add related verification' billing event will be created.
What you need to know:
- The exact costs incurred are dependent on the billing model you have in place. Different billing models are currently used for AU vs NZ customers, for example.
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