How to Create an Escrow Receivable in Tax Office 4

Modified on Thu, 26 May 2022 at 09:51 AM

These are the instructions for creating escrow receivables in TaxOffice 4


  • Step 1: Go to Payments and Open a batch Note: if you already have a batch you can skip this step
  • Step 2: Now go back to account and lookup your account.
  • Step 3: Choose your account and click Make Payment.

Step 4: Click the blue button to the right of the Override section at to bottom and choose "Add Escrow"


Step 5 : Choose Escrow Amount as the Escrow Type and enter the amount. 



Step 6: Back on the payment section at the bottom if you click the + symbol next to the account # you will see the Escrow receivable you have created. 







Remember the Escrow receivable is always created and paid on the current year!


 



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