| Field Name | Field Description |
|---|---|
| From Party | The name of the selected party is displayed and cannot be changed. |
| Recipient / Trust/Case Party / Non-case Party | Indicate whether the escrow should be disbursed for the recipient, trust/case party, or non-case party. |
| Pay To | Click the arrow to view a list of recipients for the case that have a balance in escrow. The check will be disbursed to the
selected recipient.
Recipients are unavailable if recipients have not been assigned to the fees.
Recipients may also be unavailable if the As Of Date is backdated to a time when there was no escrow available for the recipient.
|
| As Of Date | You can disburse only the amount of escrow that is available as of the date you enter. If the system-defaulted amounts are
changed and then the “as of” date is changed, the fee amounts are recalculated.
Enter the date when the disbursement takes place. You can backdate the “as of” date, but you cannot enter a future date.
|
| Ignore Holds | Select this check box to ignore any holds that have been placed. |
| Total Amount to Disburse | Based on the As Of Date, the system calculates the total amount of money that can be disbursed to the selected recipient. This amount is updated if the As Of Date is changed. |
| Fees | The fees that can be disbursed to the selected recipient are listed on the Select Escrow to Disburse dialog box. The individual fees are grouped by checking account and listed alphabetically by the fee code description. The
current amount of escrow available for each fee is displayed beside the fee description and a total amount is displayed beside
each checking account.
Fees can only be disbursed from one checking account at a time. To disburse all the escrow in a particular account, select
the button beside that account. If there are certain fees that should not be disbursed from an account, clear the check boxes
beside the individual fees. If you do not want to disburse the total amount that is in escrow for a particular fee, enter
a different amount to be disbursed for that fee in the space provided. When a new amount is entered, the Total Amount to Disburse is updated to reflect the changes.
|