Skip to main content

Site Navigation

Your Account

Choose Language

escrow account towards profit

i have an escrow account linked with my settlement reports my question is. how do i show that on this program? right now it is counting it as a deduction so my profit is way in the negative. where should i be placing the numbers that are deposited into that account so that it counts towards it?

Answer this question I have this problem too

Is this a good question?

Score 0
Add a comment

1 Answer

Hi Mathew,

You will still put it under expenses on your settlement portion but you will need to add the subcategory as escrow and then put it under retained earnings.

Hope that helps!

Was this answer helpful?

Score 0
Add a comment

Add your answer

mathew will be eternally grateful.
View Statistics:

Past 24 Hours: 0

Past 7 Days: 0

Past 30 Days: 0

All Time: 28