Use the Escrow Recurrent Payees screen to set up parameters for the escrow payees, such as name information and payment schedules. To access this screen, open the Finances tab in the Keystone ribbon and click Recurrent Payees.
For more information about working with escrow payees, refer to the Entering Recurring Escrow Payees and Managing Recurring Escrow Payees sections.
|
Field Name |
Type |
Description |
|
Escrow Payee |
Drop-down |
The name of the escrow recurrent payee. Select an existing payee from the list. |
|
Escrow Category |
Read-only; Drop-down if in Escrow Recurrent Payees Add/Delete/Modify window |
The category assigned to the escrow recurrent payee. |
|
Name to Post |
Entry |
A short name that will be used for your records when a disbursement is made to this payee. |
|
Reference Name |
Entry |
A name that describes the reference data, for example, the Policy Number, Tax ID, and so forth, which will be used for screen and report headings. |
|
Payment Schedule |
Drop-down |
Can be set to Unequal Periods, Monthly, Every 2 Months, Every 3 Months, Every 6 Months, or Annually. |
|
Due Dates |
Entry |
Appears when Unequal Periods is selected for the Payment Schedule. If the payments are due on an irregular basis, the due dates (month and day expressed as MM/DD) of the various payments can be added here. |