Revoke Kept Escrow Deposits and Escrow Payments
The Kept Escrow Deposit needs to be reversed in order to revoke the Escrow Deposit and Payments.
Hold the Escrow Deposit
1
From the Escrow Deposits table, click the "Hold Deposit" button
2
Click "OK"
Holding Escrow will delete the Kept Escrow Journal Entry
Revoke the Escrow Payment
3
Click "View Details"
4
Click the Payments tab in Escrow Details
5
Click the Revoke button for the Escrow Payment
Revoking the Escrow Payment will delete it from the Accounting module
6
Click "OK"
7
Click "Close"
Revoke the Escrow Payment
8
Then click back in to the "View Details" button.
9
Click the Payments tab in Escrow Details
10
Click Edit for the queued escrow payment
11
Click Delete in the Edit Escrow Payment dialog
12
Click "OK"
Now that all escrow funds are held or revoked from the Accounting module, you will be able to revoke the deposit.
Revoke the Escrow Deposit
13
Click the Deposits tab in Escrow Details
14
Click Revoke Deposit for the escrow deposit
Revoking the Escrow Deposit from the Accounting module will create an Escrow Deposit Reversal Journal Entry
15
Click Save in the Edit Revoke Date dialog
16
Click Close to exit Escrow Details
Revoke Kept Escrow Deposits and Escrow Payments
The Kept Escrow Deposit needs to be reversed in order to revoke the Escrow Deposit and Payments.
Hold the Escrow Deposit
1
From the Escrow Deposits table, click the "Hold Deposit" button
2
Click "OK"
Holding Escrow will delete the Kept Escrow Journal Entry
Revoke the Escrow Payment
3
Click "View Details"
4
Click the Payments tab in Escrow Details
5
Click the Revoke button for the Escrow Payment
Revoking the Escrow Payment will delete it from the Accounting module
6
Click "OK"
7
Click "Close"
Revoke the Escrow Payment
8
Then click back in to the "View Details" button.
9
Click the Payments tab in Escrow Details
10
Click Edit for the queued escrow payment
11
Click Delete in the Edit Escrow Payment dialog
12
Click "OK"
Now that all escrow funds are held or revoked from the Accounting module, you will be able to revoke the deposit.
Revoke the Escrow Deposit
13
Click the Deposits tab in Escrow Details
14
Click Revoke Deposit for the escrow deposit
Revoking the Escrow Deposit from the Accounting module will create an Escrow Deposit Reversal Journal Entry
15
Click Save in the Edit Revoke Date dialog
16
Click Close to exit Escrow Details
