Darwin Cloud

How do I Assign Escrow to Company as a default Payee

Updated on

darwin Cloud allows the user to set up and write escrow checks to the same company entity.

  1. Click Settings menu
  2. Click Setup submenu
  3. Click application settings tab
  4. Choose Escrow from sections
  5. Select Default Deposit Escrow Payee by clicking Select Person hyperlink
  1. Enter the name of the company entity to write escrow checks to
  2. Click search
  3. Click on the company entity name
  1. Click save

NOTE: If the company entity is not showing or added in the system

  1. Click the Select Person hyperlink under value
  1. Click add person
  2. Check the checkbox for inter-company
  3. Enter the company name
  4. Click next button
  1. Choose the company from the dropdown
  2. Click next button until step 4
  1. Click add to finalize the set up

Write Escrow check paid to Company for Commission

Once the company entity is setup, darwin Cloud user won't need to manually write Escrow check in Properties > Escrow

  1. Click Properties menu
  2. Search and open a pending property
  3. Click Escrow to see and check if there's Escrow deposit added

When darwin Cloud users will not write Escrow check in Escrow submenu

  1. Escrow held will show the $ amount value that needs to be paid
  2. Check the box to Write Escrow check paid to Company for Commission

Once the property is posted

  1. Click Escrow
  2. Escrow written check will show on this screen
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