How to Process and Bank Match a Kept Escrow Journal Entry

Overview:

In this article, we will review the process of recording the transfer and deposit of escrow funds into the Operating or Commission account. Additionally, this article will cover how to Bank Match the deposit. Please find the available resources below.

Important to know:

This article is intended for users who send their deposits to Undeposited Funds when Uploading to Accounting.

Quick Reference:

Link to Full Step-by-Step Guide