How to Set Up and Deduct From Escrow Accounts

In this comprehensive training tutorial, Joe walks you through the complete workflow for setting up and managing Escrow Accounts. 

What You Will Learn:

• How to configure your municipality's boilerplate language for Escrow Funds Request letters.
• The proper steps to create and activate a new escrow account within a specific application.
• How to log physical checks for initial deposits.
• How to process deductions for consultant and professional fees (attorneys, engineers, etc.).
• How to set low-fund warning thresholds and generate an Account Activity Report.
• How to generate and email a Funds Request Letter directly from the system.